HousingHandbookReference data

U.S. ZIP Code · TX78748

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

Typical home value

$415,653[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-6.3%
5-year / yr
-0.3%
10-year / yr
+3.9%

Relative price

vs U.S.
+46.3%
vs metro
-5.5%
vs state
+58.8%
ZIP 78748 location in TX
Location of ZIP 78748 in TX

Price history

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

The typical home in 78748 is worth $415,653 — 5.5% below the Austin-Round Rock-San Marcos, TX median. Over the past year, values have fallen 6.3%. Homes here rent for a typical $1,381 a month — a 4.0% 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
$1,381[2]
Gross yield
4.0%[2]
Cap rate
2.4%[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$5,305[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
55,631[3]
Median household income
$115,213[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
8
Elementary
5
Middle
1
High
1
  • AKINS H S

    High · Grades 9–12 · AUSTIN ISD

    2,542 students

  • BARANOFF EL

    Elementary · Grades PK–5 · AUSTIN ISD

    834 students

  • PAREDES MIDDLE

    Middle · Grades 6–8 · AUSTIN ISD

    625 students

  • COWAN EL

    Elementary · Grades PK–5 · AUSTIN ISD

    546 students

  • CASEY EL

    Elementary · Grades PK–5 · AUSTIN ISD

    519 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 yield4.0%
Net yield (after ~40% expenses)2.4%
Annual rent$16,573

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$2,102
Loan principal$332,522
Down payment$83,131
Total interest paid$424,114

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 ratio2.09
Monthly cost to own$2,892
Monthly rent$1,381

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
15th percentile[1]
Rental yield
35th percentile[2]
Property tax
46th percentile[3]

Frequently asked

How much is a home worth in ZIP code 78748?
The typical home in 78748 is worth $415,653, based on the Zillow Home Value Index.
Are home values rising in 78748?
Home values in 78748 are down 6.3% over the past year, and down 0.3% a year over five years.
What is the typical rent in 78748?
A typical home in 78748 rents for about $1,381 a month, a gross rental yield of 4.0%.
What is the property tax rate in 78748?
The effective property tax rate in 78748 is 1.3% — roughly $5,305 a year on a typical home.
Who lives in 78748?
ZIP code 78748 has a population of 55,631 and a median household income of $115,213.

#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
    $410,298
    Gross yield
    3.8%
  • Austin, TX

    Typical home
    $422,858
    Gross yield
    5.1%
  • Austin, TX

    Typical home
    $423,439
    Gross yield
  • Lago Vista, TX

    Typical home
    $425,155
    Gross yield
    6.2%
  • Round Rock, TX

    Typical home
    $405,217
    Gross yield
    4.5%
  • Austin, TX

    Typical home
    $426,876
    Gross yield
    4.1%

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