Investing in Travis County
Travis County covers 2 rental markets we actively finance in Texas — Austin, Pflugerville. Across those markets the median investment basis averages $472,500, a long-term lease averages $2,525/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $3,600. That produces a county-wide average DSCR ratio near 0.70x.
Basis varies more inside Travis County than the average suggests. Pflugerville is the lowest entry point at roughly $400,000, while Austin currently models the strongest coverage ratio in the county at 0.72x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.