Real Estate Investing in Austin, Texas (78739)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78739 (Austin, TX)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Flat appreciation: Values have barely moved over 5 years (0.4% CAGR).
What’s happening in Austin, TX (78739)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 78739 Austin
The 78739 ZIP covers a section of Austin that demands careful diligence. Prices near $808K look accessible, but the work to make a deal cash flow is real.
The 78739 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader TX picture, 78739 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
From a cash-flow lens, 20,850 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Austin:
Property Strategy for 78739
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $646,717 | $3,520 | 3.9% | +6.1% | $215,572 |
| 4BR | $797,828 | $4,140 | 3.7% | +7.1% | $199,457 |
| 5BR | $930,803 | — | — | +7.5% | $186,161 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78739 Compare?
| Metric | 78739 | Austin | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $807,802 | $561,613 | N/A | $297,000 |
| 5-Year CAGR | 0.4% | N/A | N/A | 5.4% |
| Avg Rent | $3,560 | $1,810 | N/A | - |
| Cap Rate | 3.4% | 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 78739 (Austin, TX). Anonymous, moderated, never written by AI.
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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 | $807,802 |
| Monthly Rent | $3,560 |
| Price-to-Rent | 18.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 3.9% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | -0.8% ▼ |
| 5-Year CAGR | +0.4% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | +11.9% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 78739
Population: 20,850
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 78739
Schools in This ZIP Code
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
Investor Insight: With 5,732 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much rent can I charge in Austin, TX?
The typical rental in Austin, TX commands about $3,560/mo monthly. That rent profile even-keeled cash flow against the $808K purchase basis.
How do landlord-tenant laws work in Austin, TX?
Austin, TX operates under TX law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
How do experienced investors play Austin, TX?
Most investors in Austin, TX run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
Are tenants stable in Austin, TX?
Tenant demand in Austin, TX is solid. The local workforce $3,560/mo rents across most rental classes.
What is the typical vacancy rate in Austin, TX?
Austin, TX carries elevated vacancy risk. Expect steady absorption at market rents of $3,560/mo.
You know 78739 now. You don’t know where it ranks.
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How 78739 ranks in Austin-Round Rock-Georgetown, TX
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