Appreciation Investing in Austin, TX

Appreciation Score: 7.9/10Ranked #1 of 52 markets

Data-driven appreciation analysis for Austin, TX — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

Appreciation Score:7.9
Population Growth(40%)
+15.0%9.5
Median Household Income(25%)
$97,1697.5
Low Vacancy(20%)
5.6%8.0
Metro Size (Demand)(15%)
1,307,6254.2

Key Metrics for Appreciation

Pop. Growth

+15.0%

Exceptional

Median Income

$97,169

Household income

Vacancy Rate

5.6%

Very tight supply

Population

1.3M

Metro demand indicator

Appreciation Investment Thesis

Austin price correction from 2023–2024 peaks has created a re-entry opportunity. The fundamentals remain exceptional — 15% population growth, $75K median income, and a tech employer base that includes Tesla, Apple, Samsung, and Oracle. The multifamily oversupply is temporary.

How Austin Compares

RankCityAppreciation ScoreCap RateMedian Price
#1Austin, TX7.94.3%$450,000
#2Raleigh, NC7.55.1%$380,000
#3Phoenix, AZ7.04.9%$385,000
#4Boise, ID7.04.5%$420,000

Showing markets ranked near Austin for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($1,750/mo)$21,000
Less: Vacancy (5.6%)-$1,176
Less: Property Tax (1.82%)-$8,190
Less: Insurance (~0.5%)-$2,250
Less: Maintenance (~1.5%)-$6,750
Estimated NOI$2,634
Implied Cap Rate0.6%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the appreciation score for Austin, TX?

Austin, TX scores 7.9 out of 10 on our appreciation score, ranking #1 out of 52 markets we track. Weighted composite: population growth (40%), median household income (25%), low vacancy (20%), metro size/demand (15%). Scale 0–10.

Is Austin a good city for appreciation investing?

Yes — Austin, TX ranks in the top 10 for appreciation investing with a score of 7.9/10. Key factors include a median home price of $450,000, cap rate of 4.3%, and positive population growth of +15.0%.

What is the average cap rate in Austin?

The average cap rate in Austin, TX is 4.3%. The median home price is $450,000 with a median monthly rent of $1,750, resulting in a rent-to-price ratio of 0.39%.

What are the property taxes in Austin?

The effective property tax rate in Austin, TX is 1.82%. On a $450,000 property, that translates to approximately $8,190 per year in property taxes.

How does Austin compare to other appreciation markets?

Among our 52 tracked markets, Austin, TX ranks #1 for appreciation investing. It is one of the top-performing markets for this strategy.

What is driving population growth in Austin?

Austin, TX has a 5-year population growth rate of +15.0% and a median household income of $97,169. Strong job growth and migration trends are fueling above-average population increases, which typically correlates with sustained home price appreciation.

Run Your Own Numbers for Austin

Use our free calculators pre-filled with Austin, TX market data, or adjust the numbers for your specific deal.