The University of Texas at Austin Latino Research Initiative


Owner-Occupied and Investor-Owned Houses

Steady job growth in the Austin metropolitan area and the resulting population growth puts a strain on housing availability and affordability. The supply of housing in Austin remains low, with housing inventory decreasing from 1.6 months of inventory in 2016 to 1.5 months of inventory in 20171. Low supply, coupled with the low number of new construction homes priced under $200,000, pushes buyers to more affordable options in the suburbs where builder costs are lower and housing inventory has increased1,2. While fewer and fewer people can afford to purchase a home in Austin today, prices remain strong. Market analysts observe that as long as there are purchasers, including investors, for a given market, housing costs will continue to increase2. Additionally, investors are more likely to hold on to properties for as long as the market is strong, as high rents offer better returns than reselling properties2.

Given the impact of investor-owned housing on the housing market, we asked what extent of the housing in Austin is owned by investors, compared to owner-occupied. The map below shows the percentage of residential homes in a neighborhood that are owner-occupied. The map also shows the home zip code of the most frequent investors of non-owner occupied homes in a given neighborhood. Click the pins around the map to see how each neighborhood differs in owner occupancy, as well as where frequent investors in that neighborhood are based.











The map treats zip codes as neighborhood boundaries. Only single family residential properties located within Travis and Williamson Counties are included. Properties in Williamson County may not accurately reflect owner occupancy. Real estate investor zip code locations are determined using properties that are not owner occupied and where the central appraisal district correspondences are mailed to.
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