The story of this market
The typical home in ZIP 78742 sells for about $380,000, or $404 per square foot.
Prices are down 36.7% from a year ago, which gives buyers more room to negotiate. Homes take about 111 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,328 a month.
ZIP 78742 — Austin
The 78742 housing market is currently experiencing significant downward price pressure, with a 36.7% year-over-year decline in median sale prices. Extremely low inventory and limited sales activity suggest a market in transition, heavily influenced by the area's industrial-centric land use rather than traditional residential demand.
This area is primarily suited for industrial/logistics investors and commuters who prioritize proximity to the airport and major highway corridors over traditional residential amenities.
Median prices moved down 36.7% year over year.
Homes spend a median of 111 days on market with 5.0 months of supply — a slower-moving market.
20% of listings have cut prices · homes sell at 84.4% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 20.3% · poverty 30.8% — elevated distress and economic pressure.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 78742, Travis County TX
The area is characterized by its proximity to Austin-Bergstrom International Airport and industrial development, serving as a logistics and commercial hub for the region.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Located southeast of downtown Austin, the area offers direct access to SH-71 and US-183, providing a relatively short drive to the airport and the central business district.
The area is largely industrial and undeveloped, with limited immediate access to traditional neighborhood parks or golf courses compared to more residential Austin ZIPs.
The rental market is influenced by the area's industrial nature and proximity to the airport, with limited residential inventory compared to central Austin.
The economy is heavily anchored by logistics, warehousing, and airport-related services due to its immediate proximity to Austin-Bergstrom International Airport.
The area is served by major highway corridors including SH-71 and US-183, facilitating heavy freight and commuter traffic.
Development is primarily focused on industrial and commercial expansion rather than residential density.
The Travis Central Appraisal District manages property assessments for the area, following standard Texas property tax code procedures.
Parcels are subject to Austin ISD, Travis County, and City of Austin tax jurisdictions.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Kalahari Indoor Water Park4.419.4 mi
- Cidercade Austin4.44.9 mi
- Austin’s4.115.4 mi
- Austin Aquarium416.5 mi
- Museum of Illusions Austin4.511.5 mi
- Moody Center4.45 mi
- Circuit of The Americas4.67.4 mi
- The Oasis On Lake Travis4.217.1 mi
- Mozart's Coffee Roasters4.58.3 mi
- Alamo Drafthouse Cinema South Lamar4.56.2 mi
- Circuit of The Americas4.67.4 mi
- Texas Capitol4.75.3 mi
- Zilker Metropolitan Park4.87 mi
- Mozart's Coffee Roasters4.58.3 mi
- McKinney Falls State Park4.65.4 mi
- Texas Capitol4.75.3 mi
- Palmer Events Center4.55.7 mi
- Bullock Texas State History Museum4.75.4 mi
- Thinkery4.64.7 mi
- Blanton Museum of Art4.75.4 mi
- Zilker Metropolitan Park4.87 mi
- McKinney Falls State Park4.65.4 mi
- Pease District Park4.86.1 mi
- Zilker Botanical Garden4.67 mi
- Mueller Lake Park4.74.7 mi
- Texas Rowing Center4.66.8 mi
- Festival Beach Boat Ramp4.74.1 mi
- Waller Creek Boathouse4.65.1 mi
- Topgolf Austin4.411.4 mi
- Jimmy Clay Golf Course4.35.8 mi
- Morris Williams Golf Course4.13.9 mi
- Butler Pitch & Putt4.56 mi
- Lions Municipal Golf Course4.37.8 mi
- Barton Creek Square4.48.8 mi
- The Domain4.611.8 mi
- H-E-B4.45.6 mi
- Domain NORTHSIDE4.611.8 mi
- H-E-B4.57.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional anchor located adjacent to the ZIP code.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.