ZIP code 78701 covers the Downtown Austin; home to state government, tech companies, and vibrant entertainment district. This page provides current market statistics, HUD Fair Market Rent benchmarks, and investment analysis for properties in this ZIP code.
Market Statistics
Median Sale Price
$695,000
2BR Fair Market Rent
$2,100/mo
Gross Rental Yield
4.2%
Days on Market
15
Investment Analysis
At a median price of $695,000 and a 2-bedroom HUD Fair Market Rent of $2,100/month ($25,200/year), the gross rental yield for 78701 is 4.2%. After applying a standard 45% expense ratio, the estimated net operating income is approximately $13,860/year.
API Access for This ZIP Code
# Market Statistics
GET https://zipmarketdata.com/market-stats?zip_code=78701
# Rental Yield (2-bedroom)
GET https://zipmarketdata.com/rental-yield?zip_code=78701&bedrooms=2
# Full Investment Projection
GET https://zipmarketdata.com/property-estimate?zip_code=78701
Sample API Response
{
"zip_code": "78701",
"median_sale_price": 695000,
"median_days_on_market": 15,
"market_temperature": "hot",
"yoy_price_change": 2.5,
"fair_market_rent_2br": 2100,
"gross_yield_pct": 4.2
}