Real Estate Investing in Austin, Texas (78751)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 78751 (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: -1.3% 5-year CAGR — values have moved lower.
- High price-to-rent: Price-to-rent ratio 28.4 — hard to cash-flow at these prices.
What’s happening in Austin, TX (78751)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 78751 Austin
The 78751 ZIP covers a section of Austin that demands careful diligence. Prices near $599K look accessible, but the work to make a deal cash flow is real.
The investment case in 78751 is substantial only for operators who understand what they are buying. A $599K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Austin have seen price recovery that 78751 has not matched. Travis County data supports the view that the spread is structural rather than temporary.
The 78751 ZIP's population of 16,027 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Strategically, 78751 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Austin:
Property Strategy for 78751
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $247,096 | $1,910 | 5.6% | +0.6% | $247,096 |
| 2BR | $504,697 | $2,260 | 3.2% | +3.2% | $252,348 |
| 3BR | $688,626 | $2,860 | 3.0% | +3.2% | $229,542 |
| 4BR | $906,267 | $3,370 | 2.7% | +3.8% | $226,567 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 78751 Compare?
| Metric | 78751 | Austin | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $599,072 | $561,613 | N/A | $297,000 |
| 5-Year CAGR | N/A | N/A | N/A | 5.4% |
| Avg Rent | $1,757 | $1,810 | N/A | - |
| Cap Rate | 2.3% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 78751 (Austin, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 78751 (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 | $599,072 |
| Monthly Rent | $1,757 |
| Price-to-Rent | 28.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 1.0% |
📈 Home Appreciation
| 1-Year | -0.4% ▼ |
| 3-Year CAGR | -3.4% ▼ |
| 5-Year CAGR | -1.3% ▼ |
| 10-Year CAGR | +3.7% ▲ |
🏠 Rent Trends
| 1-Year | -0.8% ▼ |
| 3-Year CAGR | -2.0% ▼ |
| 5-Year CAGR | -0.3% ▼ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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 78751
Population: 16,027
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 78751
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
WOOTEN EL
GENERAL MARSHALL MIDDLE
ANDREWS EL
BROWN EL
BURNET MIDDLE
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 17,729 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strict are landlord regulations in Austin, TX?
Rental owners in Austin, TX deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How much do tenants pay in Austin, TX?
Rent in Austin, TX is around $1,757/mo. The resulting rent-to-value relationship with $599K pricing is reasonable for most investor models.
What is the tenant pool like in Austin, TX?
The tenant pool in Austin, TX is solid, supported by local employment and population fundamentals. Rents of $1,757/mo are well-absorbed by the market.
Does Austin, TX make sense for an investment property?
With a 2.0/5 investability score, Austin, TX ranks as a solid market for rental property investors. Median prices of $599K and rents of $1,757/mo drive the underlying numbers.
How much should I expect to pay for a home in Austin, TX?
Typical homes in Austin, TX go for around $599K. The 5-year CAGR of 0.0% consistent price movement.
You know 78751 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 78751 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 78751 ranks in Austin-Round Rock-Georgetown, TX
Every ZIP in this metro, ranked. Free.
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