Real Estate Investing in Austin, Texas (78719)
Should you buy in 78719 (Austin, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.7% vacancy may signal weakening demand.
What’s happening in Austin, TX (78719)?
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Market Analysis: 78719 Austin
ZIP 78719 in Austin, TX carries a substantial set of headwinds. Home values near $423K and rents of $1,602/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 78719 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 78719 sits on the difficult end of the TX spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 78719 includes headwinds that any investor should price in. Income distribution skews lower than Austin averages, and tenant stability requires active management.
Strategy in 78719 is an operator game, not a passive one. On balance, entry prices of $423K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Austin:
Market Trends
Home Value History (with trend line)
📊 How Does 78719 Compare?
| Metric | 78719 | Austin | Austin-Round Rock-Georgetown, TX | Texas |
|---|---|---|---|---|
| Home Value | $423,345 | $566,335 | N/A | $297,000 |
| 5-Year CAGR | 2.7% | 1.1% | N/A | 5.4% |
| Avg Rent | $1,602 | $1,813 | N/A | - |
| Cap Rate | 2.9% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 78719 (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 | $423,345 |
| Monthly Rent | $1,602 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +9.6% ▲ |
| 3-Year CAGR | -0.1% ▼ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (2.9%). 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 78719
Population: 1,556
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is TX a landlord-friendly state?
Rental owners in Austin, TX deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Are tenants stable in Austin, TX?
Tenant quality in Austin, TX ranks as solid. Landlords generally report measured occupancy at market rents of $1,602/mo.
Where do home prices stand in Austin, TX?
The median home value in Austin, TX is roughly $423K. That puts it reasonable relative to the TX statewide average.
What is the investability score for Austin, TX?
Investors tracking Austin, TX will find a 3.0/5 rating supported by $423K median home values and $1,602/mo rents. That profile suits long-term holders targeting predictable returns.
Can I live-in-and-rent in Austin, TX?
For house hackers, Austin, TX is a challenging. The $1,602/mo rent on a unit helps defray the mortgage on a $423K property.
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