Airbnb Rules and Regulations in Austin, Texas

Austin enforces comprehensive regulations for short-term rentals operated through various platforms like Airbnb. Owners must obtain an annual operating license, which applies to all properties rented for fewer than 30 consecutive days. The city categorizes STRs into three types: owner-occupied (Type 1), non-owner-occupied single-family or duplex (Type 2), and non-owner-occupied multifamily (Type 3). Occupancy is limited to a maximum of ten adults at one time, with no more than six unrelated adults per rental.

To minimize disturbances in residential areas, STRs must adhere to noise regulations, notably limiting sound levels between 10 PM and 7 AM. Parking restrictions require designated spaces for guests who comply with all neighborhood parking rules. In August 2023, a federal judge ruled Austin's ban on non-owner-occupied STRs in residential areas unconstitutional, prompting the city to allow Type 2 licenses in the same parts of the city as Type 1. Despite the ruling, Austin remains committed to enforcing nuisance regulations and upholding the integrity of its neighborhoods.

Austin Airbnb Market Data:

• Average Revenue – $49K per year
• Average Daily Rate – $303.2 per night
• Average Occupancy Rate – 54%
• Average RevPAR – $160.7
• Average Home Prices – $533,719

1. Top Place to Invest in Austin, Texas - Rainey Street

Nestled in the heart of Austin, Rainey Street has transformed from a quaint residential area to a thriving entertainment district, attracting locals and tourists alike. With its unique blend of historic charm and modern amenities, Rainey Street offers a compelling investment opportunity for those looking to capitalize on Austin's booming short-term rental market.

Rainey Street Airbnb Market Data:

• Average Revenue – $62.8K per year
• Average Daily Rate – $279 per night
• Average Occupancy Rate – 67%
• Average RevPAR – $183

Convenience (Score: 8/10)

Rainey Street's prime location ensures easy access to the best of Austin. Situated just minutes from downtown, residents and visitors can quickly reach major highways, public transportation hubs, and the Austin-Bergstrom International Airport. The area's walkability and bike-friendly streets make it a breeze to explore the neighborhood's many offerings without relying on a car.

Tourist Attractions (Score: 9/10)

The street itself is a major draw for tourists, boasting a diverse array of bars, restaurants, and live music venues housed in converted bungalows. From craft cocktails at Half Step to Tex-Mex cuisine at El Naranjo, there's no shortage of enticing options for visitors. Nearby attractions include Lady Bird Lake, Zilker Park, and the Emma S. Barrientos Mexican American Cultural Center.

Things to Do (Score: 8/10)

Rainey Street's vibrant atmosphere provides endless entertainment possibilities. Visitors can enjoy a leisurely stroll along the picturesque street, sampling local food trucks and exploring the area's unique shops. The district also hosts various festivals and events throughout the year, such as the Rainey Street Block Party and the Rainey Street Food Truck Festival, drawing even more visitors to the area.

Average Home Prices (Score: 6/10)

As of 2024, the average home price on Rainey Street hovers around $850,000, according to Zillow data. While this may seem steep compared to other areas of Austin, the potential for appreciation is significant. Over the past five years, home values in the neighborhood have increased by an impressive 25%, outpacing the city's overall growth rate. However, investors should be prepared for a competitive market and limited inventory.

Proximity to Work-Related Travel (Score: 7/10)

Rainey Street's central location makes it an ideal base for those traveling for work. The Austin Convention Center is just a short walk away, while the University of Texas at Austin and various hospitals are within a 10-minute drive. The nearby I-35 provides quick access to other major employers and business districts throughout the city.

X-Factor (Score: 9/10)

What sets Rainey Street apart is its unparalleled charm and character. The neighborhood's historic bungalows-turned-bars create a one-of-a-kind atmosphere that can't be found anywhere else in Austin. This unique ambiance, combined with the area's proximity to downtown and thriving entertainment scene, makes it a highly desirable destination for both short-term renters and long-term residents.

2. Top Place to Invest in Austin, Texas - Southeast Austin

Nestled just minutes from the heart of the city, Southeast Austin has emerged as a hidden gem for real estate investors. This vibrant neighborhood offers a unique blend of affordability, convenience, and untapped potential, making it an attractive option for those looking to begin their own short-term rental journey.

Southeast Austin Airbnb Market Data:

• Average Revenue – $28.1 K per year
• Average Daily Rate – $178.9 per night
• Average Occupancy Rate – 53%
• Average RevPAR – $94.7

Convenience (Score: 7/10)

Southeast Austin's strategic location provides easy access to major highways, including I-35, TX-71, and TX-130, ensuring a smooth commute to downtown and other parts of the city. While public transportation options are limited, the area's proximity to essential amenities such as grocery stores, restaurants, and shopping centers adds to its overall convenience.

Tourist Attractions (Score: 6/10)

Although Southeast Austin may not boast the same tourist draws as downtown, it still offers a few notable attractions. McKinney Falls State Park provides a scenic escape for outdoor enthusiasts, while Circuit of the Americas hosts major events like Formula 1 races and concerts. However, the neighborhood's distance from the city center may deter some tourists.

Things to Do (Score: 6/10)

Southeast Austin residents can enjoy various activities, from exploring the Mary Moore Searight Metropolitan Park trails to indulging in delicious Tex-Mex cuisine at local favorites like Rosie's Tamale House. The area also features many breweries, coffee shops, and entertainment venues catering to diverse interests.

Average Home Prices (Score: 8/10)

As of 2024, the median home value in Southeast Austin stands at $483,000, according to Zillow data. While prices have gone down by 9.73% in recent years, the area still offers better value for money than many other parts of Austin.

Proximity to Work-Related Travel (Score: 7/10)

Southeast Austin's location provides convenient access to major employment hubs, including downtown Austin, the University of Texas, and the growing tech corridor along TX-71. The Austin-Bergstrom International Airport is also just a short drive away, making it an ideal business travel base.

X-Factor (Score: 8/10)

What sets Southeast Austin apart is its untapped potential for growth and development. With vast tracts of land available for new construction and a rapidly expanding population, the area is poised for significant appreciation in the coming years. This, combined with its relative affordability and convenient location, makes it a compelling choice for savvy investors looking to get in on the ground floor of Austin's next big thing.

3. Top Place to Invest in Austin, Texas - Walnut Creek

Walnut Creek, a charming neighborhood in North Austin, has been gaining attention from real estate investors seeking a promising opportunity in the city's thriving short-term rental market. With its picturesque green spaces, excellent accessibility, and growing popularity among families and young professionals, Walnut Creek presents a compelling case for those looking to capitalize on Austin's booming tourism industry.

Walnut Creek Airbnb Market Data:

• Average Revenue – $48K per year
• Average Daily Rate – $284.4 per night
• Average Occupancy Rate – 54%
• Average RevPAR – $152.2

Convenience (Score: 8/10)

One of Walnut Creek's greatest strengths is its convenient location. Situated just off I-35 and Highway 183, the neighborhood offers easy access to major transportation routes, making it a breeze to reach downtown Austin, the University of Texas, and other key destinations. Additionally, Walnut Creek boasts a variety of nearby amenities, including grocery stores, restaurants, and shopping centers, ensuring that residents and visitors have everything they need within reach.

Tourist Attractions (Score: 6/10)

While Walnut Creek may not be a primary tourist destination, it is an excellent base for exploring Austin's many attractions. The neighborhood's proximity to the Domain, a premier shopping and entertainment district, provides visitors with a wealth of options for dining, shopping, and leisure activities. Moreover, Walnut Creek's lush parks and trails, such as Walnut Creek Metropolitan Park and the Walnut Creek Greenbelt, offer a tranquil escape from the hustle and bustle of the city, appealing to nature enthusiasts and outdoor adventurers alike.

Things to Do (Score: 7/10)

Walnut Creek offers diverse activities for residents and visitors to enjoy. The expansive Walnut Creek Metropolitan Park features miles of hiking and biking trails, picnic areas, and even a swimming pool, providing ample opportunities for outdoor recreation. The neighborhood also hosts various community events throughout the year, such as the Walnut Creek Festival and the Walnut Creek Farmers Market, fostering a strong sense of community and local engagement.

Average Home Prices (Score: 7/10)

As of 2024, the median home value in Walnut Creek stands at $550,000, according to Zillow data. It remains relatively affordable compared to other sought-after neighborhoods in Austin. Over the past five years, home values in Walnut Creek have appreciated by a steady 18%, indicating a stable and promising investment opportunity for those looking to enter the short-term rental market.

Proximity to Work-Related Travel (Score: 7/10)

Walnut Creek's strategic location makes it an attractive option for business travelers and professionals. The neighborhood is just a 20-minute drive from downtown Austin, home to numerous corporate offices and the Austin Convention Center. Additionally, the nearby Domain offers a variety of co-working spaces and business amenities, catering to the needs of remote workers and entrepreneurs.

X-Factor (Score: 8/10)

Its unique blend of natural beauty, community spirit, and untapped potential sets Walnut Creek apart. The neighborhood's abundant green spaces and tight-knit community create a welcoming atmosphere that appeals to both long-term residents and short-term visitors. As more people discover the charms of this hidden gem, Walnut Creek is poised for significant growth and appreciation in the coming years, making it an intelligent choice for investors seeking a promising opportunity in Austin's dynamic real estate market.

4. Top Place to Invest in Austin, Texas - East Cesar Chavez

East Cesar Chavez, a vibrant and culturally rich neighborhood just east of downtown Austin, has emerged as a prime location for real estate investors looking to capitalize on the city's booming short-term rental market. With its unique blend of historic charm, thriving arts scene, and proximity to the heart of the city, East Cesar Chavez offers a compelling opportunity for those seeking to invest in one of Austin's most dynamic and rapidly evolving areas.

East Cesar Chavez Airbnb Market Data:

• Average Revenue – $65.6K per year
• Average Daily Rate – $365 per night
• Average Occupancy Rate – 57%
• Average RevPAR – $205.8

Convenience (Score: 8/10)

One of East Cesar Chavez's greatest strengths is its convenient location. The neighborhood is situated just minutes from downtown Austin and offers easy access to the city's major attractions, dining and entertainment districts, and public transportation hubs. The area's walkability and bike-friendly streets make it a breeze for residents and visitors to explore the neighborhood's many offerings without relying on a car, while nearby highways provide quick connections to other parts of the city.

Tourist Attractions (Score: 7/10)

East Cesar Chavez may not boast the same high-profile tourist attractions as some other parts of Austin, but it more than makes up for it with its rich cultural heritage and thriving arts scene. The neighborhood is home to numerous galleries, studios, and performance spaces, showcasing the work of local artists and creators. Visitors can also explore the area's colorful murals, historic landmarks, and unique shops, all of which contribute to the neighborhood's distinct character and appeal.

Things to Do (Score: 8/10)

From sampling delicious tacos at local food trucks to browsing the wares at the weekly farmers market, there's no shortage of things to do in East Cesar Chavez. The neighborhood's vibrant dining scene features an eclectic mix of restaurants, cafes, and bars, offering everything from traditional Tex-Mex fare to innovative fusion cuisine. Outdoor enthusiasts can enjoy the nearby Lady Bird Lake hike-and-bike trail, while music lovers can catch live performances at local venues like the Historic Scoot Inn. These local events can help boost your overall rentals, especially if you run promotions around them.

Average Home Prices (Score: 6/10)

As of 2024, the median home value in East Cesar Chavez stands at $750,000, according to Zillow data. While this figure is significantly higher than the city-wide median, it reflects the neighborhood's growing popularity and desirability among homebuyers and investors alike. Over the past five years, home values in East Cesar Chavez have appreciated by an impressive 35%, outpacing the city's overall growth rate. However, investors should be prepared for a competitive market and limited inventory as demand for properties in the area continues to soar.

Proximity to Work-Related Travel (Score: 7/10)

East Cesar Chavez's proximity to downtown Austin makes it an ideal base for business travelers and professionals. The Austin Convention Center is just a short drive or bike ride away, while major employers like the University of Texas and the State Capitol complex are easily accessible via public transportation or rideshare services. The neighborhood's central location also puts it within easy reach of Austin-Bergstrom International Airport, making it a convenient choice for those who frequently travel for work.

X-Factor (Score: 9/10)

East Cesar Chavez's unparalleled sense of community and cultural vibrancy sets it apart. The neighborhood's rich history, diverse population, and thriving arts scene create a unique and welcoming atmosphere that can't be found anywhere else in Austin. From the colorful murals that adorn the walls of local businesses to the lively street festivals that bring the community together, East Cesar Chavez offers a one-of-a-kind experience that appeals to both short-term renters and long-term residents alike. As the neighborhood continues to evolve and grow, it's poised to become one of Austin's most sought-after destinations for years to come.

5. Top Place to Invest in Austin, Texas - Highland

Highland, a rapidly evolving neighborhood in north-central Austin, has emerged as a hotspot for real estate investment, particularly in the short-term rental market. With its prime location, ongoing revitalization efforts, and diverse array of amenities, Highland presents a compelling opportunity for experienced and new STR investors looking to capitalize on Austin's thriving tourism industry.

Highland Airbnb Market Data:

• Average Revenue – $23.7K per year
• Average Daily Rate – $151.4 per night
• Average Occupancy Rate – 57%
• Average RevPAR – $85.8

Convenience (Score: 8/10)

One of Highland's greatest strengths is its convenient location. Situated just north of downtown Austin, the neighborhood offers easy access to major highways like I-35 and US-183, making it a breeze to reach key destinations throughout the city. Highland is also well-served by public transportation, with multiple bus routes and the MetroRail Red Line providing convenient options for residents and visitors alike. The neighborhood's proximity to the University of Texas and the thriving tech corridor along North Lamar Boulevard further enhances its appeal.

Tourist Attractions (Score: 6/10)

While Highland may not be a primary tourist destination in itself, the neighborhood's central location makes it an ideal base for exploring Austin's many attractions. Visitors can easily reach popular spots like the Texas State Capitol, Zilker Park, and the iconic Sixth Street entertainment district within minutes. However, Highland offers a few notable draws, including the Austin Community College Highland Campus, which features a state-of-the-art library and event space, and the Highland Neighborhood Park, a popular spot for picnics and outdoor recreation.

Things to Do (Score: 7/10)

Highland offers a growing array of things to do for residents and visitors alike. The neighborhood's diverse dining scene features everything from casual cafes to upscale restaurants, with a particular emphasis on international cuisine. Shoppers will appreciate the nearby Highland Mall redevelopment project, which is transforming the former shopping center into a mixed-use hub with retail, dining, and entertainment options. The neighborhood also hosts a variety of community events throughout the year, including the Highland Farmers Market and the annual Highland Games festival.

Average Home Prices (Score: 7/10)

As of 2024, the median home value in Highland stands at $525,000, according to Zillow data. It is more affordable than some of Austin's pricier neighborhoods. Over the past five years, home values in Highland have appreciated by a healthy 25%, reflecting the area's growing popularity and potential for future growth. However, investors should be aware that inventory in the neighborhood can be limited, and competition for available properties may be fierce.

Proximity to Work-Related Travel (Score: 8/10)

Highland's central location and excellent transportation options make it a prime choice for business travelers and professionals. The neighborhood is just a short drive or train ride away from downtown Austin, home to the Austin Convention Center and numerous corporate offices. The University of Texas, one of the city's largest employers, is also easily accessible from Highland, as are several major hospitals and medical centers. Austin-Bergstrom International Airport is just a 20-minute drive away for those traveling by air.

X-Factor (Score: 8/10)

What sets Highland apart is its ongoing transformation and untapped potential. As the neighborhood continues to benefit from significant revitalization efforts, including the redevelopment of the former Highland Mall site, it is poised for even greater growth and appreciation in the coming years. The area's diverse population, convenient location, and growing array of amenities make it an attractive option for both short-term renters and long-term residents, while its relative affordability compared to other central Austin neighborhoods presents a unique opportunity for investors to get in on the ground floor of this exciting urban revival.

6. Top Place to Invest in Austin, Texas - West Congress

Nestled in the heart of South Austin, the West Congress neighborhood has emerged as a prime location for real estate investors seeking to capitalize on the city's thriving short-term rental market. With its unique blend of historic charm, convenient location, and proximity to some of Austin's most iconic attractions, West Congress offers a compelling opportunity for those looking to invest in one of the city's most dynamic and rapidly evolving areas.

West Congress Airbnb Market Data:

• Average Revenue – $40.9K per year
• Average Daily Rate – $258.8 per night
• Average Occupancy Rate – 55%
• Average RevPAR – $139

Convenience (Score: 8/10)

One of West Congress's greatest strengths is its unbeatable location. Situated just minutes from downtown Austin and the bustling South Congress Avenue, the neighborhood offers easy access to the city's major attractions, dining and entertainment districts, and transportation hubs. The area's walkability and bike-friendly streets make it a breeze for residents and visitors to explore the neighborhood's many offerings without relying on a car, while nearby highways like I-35 and TX-71 provide quick connections to other parts of the city.

Tourist Attractions (Score: 7/10)

While West Congress may not boast the same high-profile tourist attractions as some other parts of Austin, it more than makes up for it with its proximity to the city's most iconic landmarks. Just a short walk or bike ride away, visitors can explore the vibrant murals and eclectic shops of South Congress Avenue, take in the stunning views from the Congress Avenue Bridge, or immerse themselves in the rich history of the Texas State Capitol. The neighborhood's central location also makes it an ideal base for exploring the city's many museums, parks, and cultural attractions.

Things to Do (Score: 7/10)

From sampling delicious tacos at local food trucks to browsing the wares at nearby farmers markets, there's no shortage of things to do in and around West Congress. The neighborhood's diverse dining scene features an eclectic mix of restaurants, cafes, and bars, offering everything from traditional Tex-Mex fare to innovative fusion cuisine. Outdoor enthusiasts can enjoy the nearby Lady Bird Lake hike-and-bike trail or take a dip in the refreshing waters of Barton Springs Pool, while music lovers can catch live performances at iconic venues like the Continental Club just a short walk away. This presents a prime opportunity to partner with local communities to create unique experiences for your guests while promoting local businesses.

Average Home Prices (Score: 6/10)

According to Zillow data, according to 2024, the median home value in West Congress stands at around $850,000. The steep pricing reflects the neighborhood's prime location, historic charm, and growing popularity among homebuyers and investors alike. Over the past five years, home values in West Congress have appreciated by an impressive 27.6%, outpacing the city's overall growth rate. However, investors should be prepared for a competitive market and limited inventory, as demand for properties in the area continues to soar.

Proximity to Work-Related Travel (Score: 7/10)

West Congress's central location makes it an ideal base for business travelers and professionals. The Austin Convention Center is just a short drive or bike ride away, while major employers like the State Capitol complex and the University of Texas are easily accessible via public transportation or rideshare services. The neighborhood's proximity to I-35 and TX-71 also puts it within easy reach of Austin-Bergstrom International Airport and other major transportation hubs, making it a convenient choice for those who frequently travel for work.

X-Factor (Score: 8/10)

West Congress's perfect blend of historic charm, modern amenities, and unbeatable location sets it apart. The neighborhood's tree-lined streets, historic homes, and tight-knit community create a welcoming atmosphere that appeals to both short-term renters and long-term residents alike. As the area continues to benefit from the growth and development of nearby South Congress Avenue, it's poised to become one of Austin's most sought-after destinations for years to come. For investors looking to capitalize on the city's booming short-term rental market, West Congress offers a unique opportunity to own a piece of Austin's rich history while enjoying the benefits of its bright future.

7. Top Place to Invest in Austin, Texas - Pleasant Valley

Pleasant Valley, a hidden gem in Southeast Austin, has been gaining attention from real estate investors seeking an affordable and promising opportunity in the city's thriving short-term rental market. With its convenient location, proximity to outdoor recreation, and untapped potential for growth, Pleasant Valley presents a compelling case for those looking to capitalize on Austin's booming tourism industry.

Pleasant Valley Airbnb Market Data:

• Average Revenue – $31.2K per year
• Average Daily Rate – $167.6 per night
• Average Occupancy Rate – 61%
• Average RevPAR – $99.8

Convenience (Score: 7/10)

Pleasant Valley's location offers a balance of accessibility and tranquility. Situated just off Highway 183 and Riverside Drive, the neighborhood provides easy access to major transportation routes, connecting residents and visitors to downtown Austin, the airport, and other key destinations. While public transportation options are limited, the area's proximity to essential amenities such as grocery stores, restaurants, and shopping centers adds to its overall convenience.

Tourist Attractions (Score: 6/10)

Although Pleasant Valley may not be a primary tourist destination, it is an excellent base for exploring Austin's outdoor attractions. The neighborhood's proximity to the Colorado River and the Roy G. Guerrero Colorado River Metro Park offers visitors a chance to enjoy hiking trails, fishing spots, and scenic views just minutes from their doorstep. Additionally, the nearby East Riverside corridor has been undergoing significant redevelopment, bringing new dining, entertainment, and shopping options to the area.

Things to Do (Score: 6/10)

Pleasant Valley's appeal lies in its laid-back, residential atmosphere, which may not offer the same variety of activities as more bustling areas of Austin. However, residents and visitors can still enjoy a range of outdoor pursuits, such as golfing at the nearby Roy Kizer Golf Course or exploring the trails and green spaces along the Colorado River. The neighborhood also features a few local favorites, such as the Moontower Saloon, which offers live music and a spacious patio for relaxing with friends and family.

Average Home Prices (Score: 8/10)

As of 2024, the median home value in Pleasant Valley stands at $450,000, according to Zillow data. This represents a more affordable option compared to the city-wide median making it an attractive prospect for investors looking to enter the short-term rental market without breaking the bank. Over the past five years, home values in Pleasant Valley have appreciated by a steady 22%, indicating a stable and promising investment opportunity for those willing to bet on the area's future growth.

Proximity to Work-Related Travel (Score: 6/10)

Pleasant Valley's location may not be as convenient for business travelers and professionals as some other parts of Austin. Depending on traffic conditions, the neighborhood is approximately a 20-minute drive from downtown Austin and the Austin Convention Center. However, the nearby Highway 183 provides relatively easy access to Austin-Bergstrom International Airport and the growing tech corridor along East Riverside Drive, which may appeal to certain segments of the business travel market.

X-Factor (Score: 7/10)

What sets Pleasant Valley apart is its untapped potential for growth and appreciation. As Austin continues to expand and more people seek affordable housing options close to the city center, Pleasant Valley is poised to benefit from increased demand and investment. The neighborhood's quiet, residential character and proximity to outdoor amenities may also appeal to short-term renters looking for a more laid-back experience than what they might find in the heart of downtown. While Pleasant Valley may not offer the same level of excitement or tourist appeal as some other parts of Austin, it presents a unique opportunity for investors to get in on the ground floor of a promising, up-and-coming market.

8. Top Place to Invest in Austin, Texas - Garrison Park

Nestled in the heart of South Austin, Garrison Park has emerged as a prime location for real estate investors seeking to capitalize on the city's booming short-term rental market. With its unique blend of historic charm, convenient location, and proximity to some of Austin's most beloved outdoor spaces, Garrison Park offers a compelling opportunity for those looking to invest in one of the city's most dynamic and rapidly evolving neighborhoods.

Garrison Park Airbnb Market Data:

• Average Revenue – $37.6K per year
• Average Daily Rate – $243.1 per night
• Average Occupancy Rate – 53%
• Average RevPAR – $126.9

Convenience (Score: 8/10)

One of Garrison Park's greatest strengths is its unbeatable location. Situated just minutes from downtown Austin and the bustling South Congress Avenue, the neighborhood offers easy access to the city's major attractions, dining and entertainment districts, and transportation hubs. The area's walkability and bike-friendly streets make it a breeze for residents and visitors to explore the neighborhood's many offerings without relying on a car, while nearby highways like I-35 and TX-71 provide quick connections to other parts of the city.

Tourist Attractions (Score: 7/10)

While Garrison Park may not boast the same high-profile tourist attractions as some other parts of Austin, it more than makes up for it with its proximity to some of the city's most beloved outdoor spaces. Just a short walk or bike ride away, visitors can explore the lush greenery and hiking trails of Zilker Park, take a dip in the refreshing waters of Barton Springs Pool, or immerse themselves in the vibrant arts and culture scene of South Congress Avenue.

Things to Do (Score: 8/10)

From sampling delicious tacos at local food trucks to browsing the wares at nearby farmers markets, there's no shortage of things to do in and around Garrison Park. The neighborhood's diverse dining scene features an eclectic mix of restaurants, cafes, and bars, offering everything from traditional Tex-Mex fare to innovative fusion cuisine. Outdoor enthusiasts can enjoy the nearby Barton Creek Greenbelt or take a leisurely stroll through the historic streets of Travis Heights, while music lovers can catch live performances at iconic venues like the Saxon Pub just a short distance away.

Average Home Prices (Score: 6/10)

As of 2024, the median home value in Garrison Park stands at around $800,000, according to Zillow data. While this figure is significantly higher than the city-wide average, it reflects the neighborhood's prime location, historic charm, and growing popularity among homebuyers and investors alike. Over the past five years, home values in Garrison Park have appreciated by an impressive 30%, outpacing the city's overall growth rate. However, investors should be prepared for a competitive market and limited inventory as demand for properties in the area continues to soar.

Proximity to Work-Related Travel (Score: 8/10)

Garrison Park's central location makes it an ideal base for business travelers and professionals. The Austin Convention Center is just a short drive or bike ride away, while major employers like the State Capitol complex and the University of Texas are easily accessible via public transportation or rideshare services. The neighborhood's proximity to I-35 and TX-71 also puts it within easy reach of Austin-Bergstrom International Airport and other major transportation hubs, making it a convenient choice for those who frequently travel for work.

X-Factor (Score: 9/10)

Garrison Park's perfect blend of historic charm, outdoor recreation, and unbeatable location sets it apart. The neighborhood's tree-lined streets, historic homes, and tight-knit community create a welcoming atmosphere that appeals to both short-term renters and long-term residents alike. As the area continues to benefit from the growth and development of nearby South Congress Avenue and Zilker Park, it's poised to become one of Austin's most sought-after destinations for years to come. For investors looking to capitalize on the city's booming short-term rental market, Garrison Park offers a unique opportunity to own a piece of Austin's rich history while enjoying the benefits of its bright future and unparalleled access to some of the city's most beloved outdoor spaces.

9. Top Place to Invest in Austin, Texas - Travis Heights

Nestled just south of downtown Austin, Travis Heights is a charming historic neighborhood that seamlessly blends quiet residential streets with the vibrant energy of South Congress Avenue. With its prime location, eclectic mix of architecture, and thriving local businesses, Travis Heights has become one of the most sought-after areas for real estate investment in the Texas capital.

Travis Heights Airbnb Market Data:

• Average Revenue – $54.7K per year
• Average Daily Rate – $312.5 per night
• Average Occupancy Rate – 57%
• Average RevPAR – $172.9

Convenience (Score: 9/10)

Travis Heights boasts an unbeatable location, offering residents easy access to the heart of Austin while maintaining a tranquil neighborhood atmosphere. The area's walkability is a major draw, with many amenities, including grocery stores, cafes, and boutiques, just a short stroll away. Commuters appreciate the neighborhood's proximity to I-35 and MoPac Expressway, ensuring quick connections to other parts of the city.

Tourist Attractions (Score: 8/10)

While Travis Heights is primarily residential, its location is just minutes from some of Austin's most iconic attractions. The Texas State Capitol, Zilker Park, and Barton Springs Pool are all within easy reach, drawing visitors from around the world. The neighborhood's true gem, however, is South Congress Avenue, a bustling strip lined with unique shops, restaurants, and live music venues that capture the essence of Austin's creative spirit.

Things to Do (Score: 8/10)

From exploring the trendy boutiques and vintage stores along South Congress to savoring delicious tacos at local favorites like Güero's Taco Bar, there's no shortage of things to do in and around Travis Heights. The neighborhood's green spaces, including Stacy Park and the Blunn Creek Greenbelt, offer a peaceful respite from the city buzz, with hiking trails, swimming holes, and picnic spots galore. For a taste of Austin's legendary music scene, catch a show at the iconic Continental Club or the intimate Saxon Pub.

Average Home Prices (Score: 6/10)

As of 2024, the median home value in Travis Heights stands at $1,150,000, according to Zillow data. Over the past five years, home values in Travis Heights have appreciated by an impressive 32%, outpacing Austin's overall growth rate. However, the high prices and limited inventory may present challenges for investors looking to enter the market.

Proximity to Work-Related Travel (Score: 8/10)

Travis Heights' central location makes it an ideal base for business travelers and professionals. The Austin Convention Center is just a 10-minute drive away, while the University of Texas at Austin and the State Capitol complex are easily accessible by car or public transit. The neighborhood's proximity to major highways also puts it within easy reach of Austin-Bergstrom International Airport and other key business districts.

X-Factor (Score: 9/10)

Travis Heights's perfect blend of historic charm and modern amenities sets it apart. The neighborhood's tree-lined streets are dotted with beautifully restored homes from the early 20th century, ranging from cozy bungalows to grand Victorian mansions. This architectural diversity, combined with the area's laid-back vibe and creative energy, creates a unique living experience that appeals to both short-term and long-term renters. As Austin continues to grow and evolve, Travis Heights remains a timeless enclave that embodies the city's spirit and promises a solid return on investment for savvy investors.

10. Top Place to Invest in Austin, Texas - Zilker

Nestled in the heart of South Austin, the Zilker neighborhood is a true gem that offers a unique blend of urban convenience and natural beauty. With its prime location, proximity to the iconic Zilker Park, and thriving local businesses, Zilker has become one of the most coveted areas for starting an Airbnb business within the Texas capital.

Zilker Airbnb Market Data:

• Average Revenue – $69.8K per year
• Average Daily Rate – $438.3 per night
• Average Occupancy Rate – 55%
• Average RevPAR – $241.6

Convenience (Score: 9/10)

Zilker boasts an unbeatable location, offering residents easy access to the heart of Austin while maintaining a tranquil neighborhood atmosphere. The area's walkability is a major draw, with many amenities, including grocery stores, cafes, and boutiques, just a short stroll away. Commuters appreciate the neighborhood's proximity to MoPac Expressway and Barton Creek Boulevard, ensuring quick connections to other parts of the city and major employment hubs.

Tourist Attractions (Score: 9/10)

The Zilker neighborhood is home to one of Austin's most iconic attractions – Zilker Park. This sprawling 351-acre urban oasis offers a wealth of recreational opportunities, including hiking trails, picnic areas, and the beloved Barton Creek Greenbelt. The park also hosts numerous annual events, such as the Austin City Limits Music Festival and the Trail of Lights, drawing visitors from around the world. Beyond the park, the neighborhood's proximity to South Congress Avenue and downtown Austin provides easy access to a plethora of cultural attractions and entertainment options.

Things to Do (Score: 9/10)

From exploring the lush greenery of Zilker Park to savoring delicious farm-to-table cuisine at local restaurants like Jacoby's Restaurant & Mercantile, there's no shortage of things to do in and around Zilker. The neighborhood's vibrant dining and shopping scene, centered around the South Lamar Boulevard corridor, offers diverse options to suit every taste and budget. Outdoor enthusiasts can take advantage of the nearby Barton Creek Greenbelt for hiking, biking, and swimming, while music lovers can catch live performances at iconic venues like the Saxon Pub or the Continental Club.

Average Home Prices (Score: 6/10)

As of 2024, the median home value in Zilker stands at $1,250,000, according to Zillow data. This figure represents a significant premium compared to the city-wide average pricing, reflecting the neighborhood's desirability and prime location. Over the past five years, home values in Zilker have appreciated by an impressive 35%, outpacing Austin's overall growth rate. However, the high prices and limited inventory may present challenges for investors looking to enter the market.

Proximity to Work-Related Travel (Score: 8/10)

Zilker's central location makes it an ideal base for business travelers and professionals. The Austin Convention Center is just a 10-minute drive away, while the University of Texas at Austin and the State Capitol complex are easily accessible by car or public transit. The neighborhood's proximity to major highways also puts it within easy reach of Austin-Bergstrom International Airport and other key business districts.

X-Factor (Score: 10/10)

What sets Zilker apart is its unparalleled access to nature and outdoor recreation, combined with its prime location and thriving local businesses. The neighborhood's proximity to the iconic Zilker Park and Barton Creek Greenbelt provides residents and visitors with a wealth of opportunities for hiking, biking, swimming, and enjoying the great outdoors. At the same time, Zilker's vibrant dining and shopping scene and its easy access to downtown Austin and major employment hubs ensure that residents never have to sacrifice urban convenience for natural beauty. This unique blend of natural and urban amenities, combined with the neighborhood's strong sense of community and laid-back vibe, creates a truly unmatched living experience that appeals to both short-term and long-term renters.