Real Estate Investing in Austin, Texas (78727)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78727 (Austin, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -1.8% 5-year CAGR — values have moved lower.
- High price-to-rent: Price-to-rent ratio 25.1 — hard to cash-flow at these prices.
What’s happening in Austin, TX (78727)?
Click any question — our AI will research it live from the web and show you sources.
Local Pulse Report
AI-researched developments and news for Austin, TX (78727). Updated on demand as visitors ask.
Schools in Austin, TX (78727) Updated 37 days ago
Opportunities
- Travis County voters approved a $2.44 billion bond package in November 2022 for safety, equity, and affordability improvements across nearly every campus. — This provides substantial funding for modernizing facilities, enhancing safety, and potentially increasing teacher pay by reducing maintenance costs. Austin ISD 2022 Bond Program
- Austin ISD is piloting an Additional Days School Year (ADSY) calendar in 2026-27 at nine campuses, offering extra instructional opportunities. — ADSY aims to boost achievement in core subjects and provide engaging enrichment activities at no cost to families, potentially generating revenue for the district. Austin ISD
- The district broke ground on $47.4 million and $66.5 million renovation projects for Anderson and McCallum High Schools in May 2026, targeting completion by January 2027. — These projects will modernize facilities, including new athletic spaces, to support student development, teamwork, and school pride. Adolfson & Peterson Construction
- The repurposing of the former Anita Ferrales Coy Facility broke ground in February 2026, transforming it into a mixed-income housing development with nearly 700 apartment homes. — This project provides new housing opportunities, including affordable units, for AISD families and staff, along with green spaces and community amenities. Community Impact
- Austin ISD is committed to providing a safe and healthy school environment with academically rigorous programs, including Fine Arts, Dual Language, CTE, STEM, and Magnet Programs. — These diverse offerings ensure students have varied opportunities to become college, career, and life-ready. Austin ISD
Concerns
- Austin ISD faces a projected budget shortfall of $181 million for the 2026–27 school year, primarily due to state funding not matching costs for essential programs. — This financial gap could lead to difficult decisions regarding programs and services, potentially impacting student experiences. Austin Independent School District | BondLink
- The district approved the closure of 10 schools and reassignment of approximately 3,796 students, eliminating about 6,319 seats, to reallocate resources. — School closures and reassignments can be disruptive and emotionally taxing for families and staff, requiring significant transitions. Austin ISD School Consolidations
- Three middle schools (Burnet, Dobie, and Webb) have received four consecutive 'F' accountability ratings, and a fifth 'F' at any of them could trigger state intervention. — Repeated low performance ratings can lead to state oversight and potential changes in school operations, impacting local control. CBSAustin.COM
- Austin ISD initially implemented a new transportation hub system for high school students, requiring them to travel up to three miles to centralized stops. — This change raised concerns among parents regarding long distances, busy roads, and student safety, though neighborhood stops were restored for middle schoolers. KVUE
- Austin ISD's student enrollment in 2023/24 was 73,707, an increase of 228 students over 2022/23, but projections indicate a decline of 3,543 students in the next five years. — Projected long-term enrollment declines can lead to difficult decisions about school capacity, staffing, and resource allocation. Austin ISD
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
Here's what matters if you're considering buying a home in Austin:
Property Strategy for 78727
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $297,131 | $2,100 | 5.1% | +3.2% | $148,565 |
| 3BR | $435,129 | $2,660 | 4.4% | +3.5% | $145,043 |
| 4BR | $534,215 | $3,130 | 4.2% | +3.8% | $133,554 |
| 5BR | $641,281 | — | — | +4.2% | $128,256 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78727 Compare?
| Metric | 78727 | Austin | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $456,398 | $561,613 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,513 | $1,810 | N/A | - |
| Cap Rate | 2.6% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 78727 (Austin, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 78727 (Austin, TX)?
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Property managers serving Travis County
Manage rentals here? List your business →512-Society Property Management provides single-family and multi-family property management services across North Austin and Round Rock since 2005. summary from their website
Darwin Homes offers tech-driven property management services, making renting easy with 24/7 support, smart locks for viewings, and assistance with moving and utility setup. summary from their website
Guest Haus Property Management offers Airbnb and vacation rental management services in Austin. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $456,398 |
| Monthly Rent | $1,513 |
| Price-to-Rent | 25.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 0.8% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | -2.7% ▼ |
| 5-Year CAGR | -1.8% ▼ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | -1.3% ▼ |
| 3-Year CAGR | -2.7% ▼ |
| 5-Year CAGR | -0.5% ▼ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 78727
Population: 30,894
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 78727
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
COOK EL
MCBEE EL
PADRON EL
WOOLDRIDGE EL
LIVE OAK EL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How strict are landlord regulations in Austin, TX?
TX law landlord-friendly for landlords, and Austin inherits those rules. Investors should still review local ordinances for rental licensing.
What kind of tenants rent in Austin, TX?
The tenant pool in Austin, TX is solid, supported by local employment and population fundamentals. Rents of $1,513/mo are well-absorbed by the market.
What are home prices like in Austin, TX?
Expect median prices around $456K in Austin, TX. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
Is house hacking profitable in Austin, TX?
The house hack math a challenging in Austin, TX. Owner-occupant buyers benefit from the $1,513/mo rents and $456K home values.
What approach is best for Austin, TX real estate?
In Austin, TX the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $456K prices and $1,513/mo rents suits that approach.
You know 78727 now. You don’t know where it ranks.
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How 78727 ranks in Austin-Round Rock-Georgetown, TX
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