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Frisco vs Round Rock for Rental Property Investing

Side-by-side comparison of Frisco, TX and Round Rock, TX — cap rates, rent, prices, and investment metrics.

Round Rock wins 4–3 across key metrics
Round Rock leads on cash flow (2.56% vs 2.04% cap rate) · Frisco leads on population growth
Metric
Frisco, TX
Round Rock, TX
Est. Cap Rate
2.04%
2.56%
Median Home Price
$520,000
$385,000
Median Monthly Rent
$2,100
$1,720
1% Rule
0.40%
0.45%
GRM
20.6x
18.7x
Price / Income
4.4x
4.7x
Property Tax Rate
1.8%
1.74%
Vacancy Rate
4.2%
4.8%
Population Growth
4.2% / yr
3.1% / yr
Annual Appreciation
3.5%
3%
Population
225,000
138,000
Median Income
$118,000
$82,400

Frisco vs Round Rock: Which Is Better for Investors?

Cash flow: Round Rock has the edge with an estimated cap rate of 2.56% compared to Frisco's 2.04%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $520,000 in Frisco vs $385,000 in Round Rock, while rents come in at $2,100/mo and $1,720/mo respectively.

Growth & appreciation: Frisco is growing faster at 4.2% annually vs Round Rock's 3.1%. Frisco leads on home value appreciation at 3.5% per year. Strong population growth typically translates to sustained rental demand and long-term price support.

Costs & risk: Property taxes are 1.8% in Frisco vs 1.74% in Round Rock. Vacancy rates of 4.2% and 4.8% are both healthy, suggesting strong tenant demand in both markets.

Bottom line: Round Rock edges out Frisco on most key metrics. While cap rates are moderate at 2.56%, Round Rock's overall profile is stronger. Use our free calculators to model specific deals in Frisco or Round Rock.

Frisco, TX
2.04% cap rate · $520,000 median · $2,100/mo
Full analysis →
Round Rock, TX
2.56% cap rate · $385,000 median · $1,720/mo
Full analysis →
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