CalculateRealEstateROI

TX • Market Analysis

Austin Real Estate Investment Analysis

Austin has cooled meaningfully from its 2022 peak, with significant new supply pressuring rents and prices. Long-term fundamentals remain among the strongest in the country.

Median Home Price
$545,000
Median Rent
$2,250
per month
Avg Cap Rate
4.90%
5-Yr Appreciation
66%
Rental Yield
5.00%
Population Growth
1.70%
Job Growth
3.00%
Vacancy Rate
8.20%

Investor pros

  • Tech employer concentration
  • Highly educated workforce
  • No state income tax

Investor cons

  • Heavy multifamily supply pipeline
  • Property taxes among the highest in TX
  • Short-term rent declines

Commentary

Austin is a long-term hold market. Cash flow today is challenging at current prices; buyers should underwrite for negative or break-even cash flow in years 1–2.

Other markets

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