Side-by-side comparison of Austin, TX and McKinney, TX — cap rates, rent, prices, and investment metrics.
Cash flow: McKinney has the edge with an estimated cap rate of 2.57% compared to Austin's 2.47%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $425,000 in Austin vs $410,000 in McKinney, while rents come in at $1,850/mo and $1,850/mo respectively.
Growth & appreciation: McKinney is growing faster at 3.5% annually vs Austin's 2.8%. McKinney leads on home value appreciation at 3.2% per year. Strong population growth typically translates to sustained rental demand and long-term price support.
Costs & risk: Property taxes are 1.68% in Austin vs 1.78% in McKinney. Vacancy rates of 5.2% and 4.8% are both healthy, suggesting strong tenant demand in both markets.
Bottom line: McKinney edges out Austin on most key metrics. While cap rates are moderate at 2.57%, McKinney's overall profile is stronger. Use our free calculators to model specific deals in Austin or McKinney.