ZIP CODE 78641 // AUSTIN-ROUND ROCK-GEORGETOWN, TX // DATA AS OF 2026-09-30
Leander, TX (78641) Rental Property Cap Rate & Cash Flow Report
Located in Williamson County (Leander, TX), Zip Code 78641 ranks #346 of 500 within this selected sample (31th percentile) with a Zillow ZHVI typical home-value index of $425,323 (-5.4% YoY) and a ZORI observed market rent of $1,872/mo (+2.5% YoY). Requires at least 65.4% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,220/mo
Annual: -$14,643/yr
Modeled Cap Rate
2.62%
NOI: $11,165/yr
Cash-on-Cash Return
-14.97%
Cash Needed: $97,824
1% Rule Ratio
0.44%
Gross Yield: 5.28%
Break-Even Rent
$3,275/mo
State Tax: 1.47%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 78641 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (TX Avg 1.47%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,151/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$942/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (78641)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $499,701 | $1,793/mo | 4.31% |
| 2022 | $574,485 | $1,973/mo | 4.12% |
| 2023 | $495,435 | $1,926/mo | 4.66% |
| 2024 | $473,847 | $1,884/mo | 4.77% |
| 2025 | $449,606 | $1,827/mo | 4.88% |
| 2026 | $425,323 | $1,872/mo | 5.28% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 78660 Pflugerville, TX | $364,282 | $1,600/mo | 2.62% | -$1,048/mo |
| 77095 Houston, TX | $320,742 | $1,394/mo | 2.57% | -$936/mo |
| 75071 McKinney, TX | $474,508 | $2,061/mo | 2.56% | -$1,385/mo |
| 77406 Richmond, TX | $415,426 | $1,804/mo | 2.56% | -$1,213/mo |
| 78665 Round Rock, TX | $390,267 | $1,691/mo | 2.55% | -$1,143/mo |
| 77845 College Station, TX | $360,534 | $1,613/mo | 2.70% | -$1,012/mo |