Austin-Round Rock-Georgetown, TX · Texas

Hays County

ZIP 78737

256,429 residents4,663 permits TTM$85,827 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$371,400

ACS 5-Year

Cap rate proxy

4.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.8%

HUD FMR ÷ ACS HHI

Net migration

+4.21%

IRS SOI

Permits (TTM)

4,663

Census BPS

Climate risk

90.6

FEMA NRI (0–100)

ZIP 78737

Median home value

Gross yield

Cap rate

2.9%

Rent gap

Affordability

P/I: 9.0R/I: 26.2%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
786406.4%
78666$314,156$1,4805.7%5.2%8.7%
786105.6%
786204.0%
78676$547,544$1,5603.4%4.3%-27.2%

Ranked by composite score

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Demographics

Owner-occupied

64.1%

Census ACS

Vacancy rate

5.3%

Census ACS

Bachelor's degree +

41.9%

Census ACS

Rent burdened

56.7%

Census ACS (>30% income)

Median age

33.9

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026