Rental Market amid COVID19

[X Sun]

Hey guys,

I am about to purchase a single family house in Austin as my long-distance property investment. Before I finalize the purchase, I want to understand the status of the summer rental market during COVID19. Of course, I am trying to avoid vacancy as much as possible.

My area of interest is near cedar park & round rock, close to Apple Campus, e.g., 78681. Can anyone provide some insight?

PS: I am also searching for a good property manager as well. 

[David Ivy]

@X Sun

Here's a chart of the median days on market over the last few years for single-family lease listings within a 5 mile radius of the Apple Campus in NW Austin:

The lease market is very seasonal, with the lowest days on market typically occurring in June/July. Here's a chart of the median days on market over the last 10 years for single-family lease listings within a 5 mile radius of the Apple Campus in NW Austin: