HousingHandbookReference data

U.S. ZIP Code · TX78732

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

Typical home value

$829,258[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.9%
5-year / yr
+2.3%
10-year / yr
+5.0%

Relative price

vs U.S.
+191.9%
vs metro
+88.6%
vs state
+216.8%
ZIP 78732 location in TX
Location of ZIP 78732 in TX

Price history

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

The typical home in 78732 is worth $829,258 — 88.6% above the Austin-Round Rock-San Marcos, TX median. Over the past year, values have fallen 1.9%. Homes here rent for a typical $1,985 a month — a 2.9% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent
$1,985[2]
Gross yield
2.9%[2]
Cap rate
1.7%[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$12,365[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
21,087[3]
Median household income
$192,500[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
4
Elementary
3
Middle
1
High
0
  • CANYON RIDGE MIDDLE

    Middle · Grades 6–8 · LEANDER ISD

    1,050 students

  • LAURA WELCH BUSH EL

    Elementary · Grades PK–5 · LEANDER ISD

    503 students

  • STEINER RANCH EL

    Elementary · Grades PK–5 · LEANDER ISD

    481 students

  • RIVER RIDGE EL

    Elementary · Grades K–5 · LEANDER ISD

    423 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 yield2.9%
Net yield (after ~40% expenses)1.7%
Annual rent$23,824

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$4,193
Loan principal$663,407
Down payment$165,852
Total interest paid$846,139

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 ratio2.98
Monthly cost to own$5,914
Monthly rent$1,985

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
68th percentile[1]
Rental yield
15th percentile[2]
Property tax
86th percentile[3]

Frequently asked

How much is a home worth in ZIP code 78732?
The typical home in 78732 is worth $829,258, based on the Zillow Home Value Index.
Are home values rising in 78732?
Home values in 78732 are down 1.9% over the past year, and up 2.3% a year over five years.
What is the typical rent in 78732?
A typical home in 78732 rents for about $1,985 a month, a gross rental yield of 2.9%.
What is the property tax rate in 78732?
The effective property tax rate in 78732 is 1.5% — roughly $12,365 a year on a typical home.
Who lives in 78732?
ZIP code 78732 has a population of 21,087 and a median household income of $192,500.

#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
    $838,155
    Gross yield
    2.4%
  • Austin, TX

    Typical home
    $812,765
    Gross yield
    5.0%
  • Bee Cave, TX

    Typical home
    $849,852
    Gross yield
    3.7%
  • Belterra CDP, TX

    Typical home
    $788,631
    Gross yield
    2.7%
  • Austin, TX

    Typical home
    $731,436
    Gross yield
    3.1%
  • Driftwood CDP, TX

    Typical home
    $930,562
    Gross yield

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