Real Estate Investing in Austin, Texas (78749)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78749 (Austin, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -1.1% 5-year CAGR — values have moved lower.
- High price-to-rent: Price-to-rent ratio 30.8 — hard to cash-flow at these prices.
What’s happening in Austin, TX (78749)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 78749 Austin
ZIP 78749 in Austin, TX carries a robust set of headwinds. Home values near $558K and rents of $1,508/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 78749 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 78749 sits on the difficult end of the TX spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
The 78749 ZIP's population of 34,939 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Experienced landlords with local relationships tend to find 78749 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Austin:
Property Strategy for 78749
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $342,346 | $2,110 | 4.4% | +2.2% | $171,173 |
| 3BR | $509,408 | $2,670 | 3.8% | +4.6% | $169,803 |
| 4BR | $620,814 | $3,140 | 3.6% | +5.2% | $155,203 |
| 5BR | $736,920 | — | — | +5.9% | $147,384 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78749 Compare?
| Metric | 78749 | Austin | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $557,762 | $561,613 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,508 | $1,810 | N/A | - |
| Cap Rate | 2.1% | 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 78749 (Austin, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 78749 (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 | $557,762 |
| Monthly Rent | $1,508 |
| Price-to-Rent | 30.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 1.0% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | -2.3% ▼ |
| 5-Year CAGR | -1.1% ▼ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | -6.6% ▼ |
| 3-Year CAGR | -4.0% ▼ |
| 5-Year CAGR | -1.4% ▼ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). 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 78749
Population: 34,939
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 78749
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
What are home prices like in Austin, TX?
The median home value in Austin, TX is roughly $558K. That puts it reasonable relative to the TX statewide average.
Are eviction rules reasonable in Austin, TX?
For rental operators, Austin, TX rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Austin, TX suited for a house hack?
For house hackers, Austin, TX is a challenging. The $1,508/mo rent on a unit helps defray the mortgage on a $558K property.
How much do tenants pay in Austin, TX?
Expect rents around $1,508/mo per month in Austin, TX. With home values at $558K, the yield math works out to reasonable levels for rental investors.
Is real estate in Austin, TX a good investment right now?
Austin, TX rates 2.0/5 for investability. With median values at $558K and rents near $1,508/mo, the market offers reasonable fundamentals for rental investors.
You know 78749 now. You don’t know where it ranks.
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How 78749 ranks in Austin-Round Rock-Georgetown, TX
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