Austin-Round Rock-Georgetown

Analyze Rental Properties in Austin, TX

Austin is one of the most actively underwritten rental markets in the U.S. As of our latest pull, the median home price across the Austin-Round Rock-Georgetown metro is $545,000, with median rents around $2,150/mo and cap rates in the 4.25.4% range. REIA pulls live comps, rent estimates, taxes, and insurance for any TX property in seconds — then runs full cash-flow, BRRRR, and AI risk analysis so you can make an offer the same day instead of fumbling through spreadsheets.

Median home price
$545,000
Median rent
$2,150/mo
Avg cap rate
4.7%

How it works

From listing to lender-ready in three steps.

STEP 01

Paste a Zillow URL

Or enter an address directly. We pull listing details, comps, taxes, and rent estimates automatically.

STEP 02

See the analysis

Cash flow, cap rate, BRRRR projections, and a Claude-powered risk report — all in under a minute.

STEP 03

Tweak and share

Edit any assumption. Generate a PDF. Send a public share link to your partner, lender, or property manager.

Is Austin a good market for rental investing?

Demand: Austin-Round Rock-Georgetown has remained one of the more active rental submarkets in Texas, with median asking rents hovering around $2,150/month. Tenant absorption is a property-by-property question — submarket, school district, and unit class all matter more than the metro average.

Yield: Average cap rates run 4.25.4%, with the upper end typically reflecting older Class C inventory and value-add plays. REIA defaults assume conservative vacancy and operating expenses; tighten them as your due diligence warrants.

Risk: Like every market, headline numbers hide street-level variance. Always pull comps, verify taxes after reassessment, and factor in insurance — REIA flags cost categories that look out of line with comparable TX deals.

Neighborhood highlights

  • East Austin

    Rapid appreciation and strong tenant demand from tech workers; cap rates around 4.5%.

  • Pflugerville

    Family-oriented suburb with newer SFR inventory; rent-to-price ratios are friendlier than central Austin.

  • South Lamar

    Walkable, popular with renters in their 20s and 30s; short-term rental upside if STR rules permit.

See a real Austin analysis

We ran a sample Austin property through REIA — below is the public share link with assumptions, cash flow, and the AI risk report. No login required.

Austin rental investing FAQ

  • Cap rates in Austin, Texas typically range from 4.2% to 5.4%, with an average around 4.7%. The exact rate depends on submarket, property class, and operating efficiency. Use REIA to model your specific deal.

Ready to underwrite your next Austin deal?

Free for 7 days, no credit card. Paste a Zillow URL and have a lender-ready report in 60 seconds.