HousingHandbookReference data

U.S. ZIP Code · TX78703

Travis County · Austin-Round Rock-San Marcos, TX

Typical home value

$1,312,839[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.4%
5-year / yr
+2.6%
10-year / yr
+4.6%

Relative price

vs U.S.
+362.2%
vs metro
+198.6%
vs state
+401.6%
ZIP 78703 location in TX
Location of ZIP 78703 in TX

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 78703 is worth $1,312,839 — 198.6% above the Austin-Round Rock-San Marcos, TX median. Over the past year, values have risen 0.4%. Homes here rent for a typical $2,599 a month — a 2.4% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,599[2]
Gross yield
2.4%[2]
Cap rate
1.4%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.3%[3]
Typical annual tax
$17,167[3]

#Climate risk

FEMA National Risk Index ratings for Travis County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
Relatively Low
Tornado
Very High
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
23,483[3]
Median household income
$153,036[3]

#Migration

Household moves in and out of Travis County over a year, from IRS tax-return data.

Net migration
+647[5]
Moved in
56,461
Moved out
55,814

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
7
Elementary
3
Middle
1
High
2
  • AUSTIN H S

    High · Grades 9–12 · AUSTIN ISD

    2,296 students

  • O HENRY MIDDLE

    Middle · Grades 6–8 · AUSTIN ISD

    691 students

  • CASIS EL

    Elementary · Grades PK–5 · AUSTIN ISD

    630 students

  • MATHEWS EL

    Elementary · Grades PK–6 · AUSTIN ISD

    347 students

  • BRYKER WOODS EL

    Elementary · Grades K–5 · AUSTIN ISD

    255 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield2.4%
Net yield (after ~40% expenses)1.4%
Annual rent$31,183

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$6,638
Loan principal$1,050,271
Down payment$262,568
Total interest paid$1,339,563

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio3.53
Monthly cost to own$9,166
Monthly rent$2,599

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
78th percentile[1]
Rental yield
8th percentile[2]
Property tax
50th percentile[3]

Frequently asked

How much is a home worth in ZIP code 78703?
The typical home in 78703 is worth $1,312,839, based on the Zillow Home Value Index.
Are home values rising in 78703?
Home values in 78703 are up 0.4% over the past year, and up 2.6% a year over five years.
What is the typical rent in 78703?
A typical home in 78703 rents for about $2,599 a month, a gross rental yield of 2.4%.
What is the property tax rate in 78703?
The effective property tax rate in 78703 is 1.3% — roughly $17,167 a year on a typical home.
Who lives in 78703?
ZIP code 78703 has a population of 23,483 and a median household income of $153,036.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Austin, TX

    Typical home
    $1,172,076
    Gross yield
    4.3%
  • Austin, TX

    Typical home
    $1,126,689
    Gross yield
    1.7%
  • Austin, TX

    Typical home
    $1,025,311
    Gross yield
    1.8%
  • Driftwood CDP, TX

    Typical home
    $930,562
    Gross yield
  • Austin, TX

    Typical home
    $1,724,921
    Gross yield
    1.2%
  • Bee Cave, TX

    Typical home
    $849,852
    Gross yield
    3.7%

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