CalculateRealEstateROI

Market Research

Austin, TX — Investment Research

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.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Opportunity
60
Future Outlook
86
Grade
C
Cap Rate
4.9%

Market 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.

Fundamentals

Median Price
$545,000
Median Rent
$2,250
per month
Yield
5%
Pop Growth
1.7%
Job Growth
3%
Vacancy
8.2%

Investment Pros / Cons

  • ✓ Tech employer concentration
  • ✓ Highly educated workforce
  • ✓ No state income tax
  • × Heavy multifamily supply pipeline
  • × Property taxes among the highest in TX
  • × Short-term rent declines