Home loans in Austin, Texas

Median home price

$510,000

Median income

$78,000

Population

995,000

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Homes in Austin, Texas: What you need to know

Austin combines a thriving technology economy with Hill Country natural beauty, making it one of Texas's most sought-after cities for homebuyers. The state capital's renowned live music scene, outdoor recreation along Lady Bird Lake and the Barton Creek Greenbelt, and absence of state income tax attract young professionals and established executives alike. With neighborhoods ranging from historic Hyde Park's tree-lined streets to modern developments in The Domain, Austin offers diverse homeownership opportunities for those seeking both urban sophistication and natural surroundings.

From the revitalized communities of East Austin to the luxury estates overlooking Lake Travis, the city's housing landscape reflects explosive growth and innovation-sector prosperity. Major employers including Tesla's Gigafactory, Apple's expanding campus, and Oracle's new headquarters continue intensifying demand across all neighborhoods. Whether you're drawn to a bungalow near the University of Texas or new construction in Pflugerville, exploring competitive mortgage options becomes essential when entering Austin's fast-moving real estate environment.

Austin real estate market overview

With a median home price around $510,000, Austin's market remains highly competitive due to robust tech-sector growth and constrained housing supply. Our technology streamlines pre-approval and closing processes, providing the speed necessary to compete effectively for properties in Austin's inventory-challenged market.

Did you know? Facts about Austin

  • Austin is known as the Live Music Capital of the World, with more live music venues per capita than any other U.S. city and over 250 venues hosting performances nightly.
  • The city is home to the largest urban bat colony in North America, with 1.5 million Mexican free-tailed bats living under the Congress Avenue Bridge from March through October.
  • Austin's unofficial motto Keep Austin Weird was coined in 2000 and has become a cultural movement celebrating the city's independent businesses and creative community.

Why Tech Professionals Choose Austin

Austin's transformation into a major technology hub accelerated dramatically with recent expansions by Tesla, Samsung, Apple, and Oracle, complementing established tech giants like Dell and Indeed. This concentration of innovation-economy employers creates exceptional career mobility and income growth potential for homeowners in the technology sector. The combination of no state income tax, lower cost of living than coastal tech hubs, and access to University of Texas talent makes Austin increasingly attractive for professionals building long-term wealth through strategic real estate investments.

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Austin home mortgages

Chestnut offers a complete range of home mortgages for Austin homebuyers tailored to their needs.

Austin home purchase loans

Buying in Austin? Get an underwritten pre-approval and a competitive rate with a process that closes in 2-3 weeks.

Purchase loans

Austin home refinance loans

Lower your rate, shorten your term, or both. Most refinances close in 2-3 weeks — not the 30-45 days you would wait elsewhere.

Refinance loans

Austin cash-out refinance loans

Use your home equity to fund renovations, pay off high-interest debt, or cover a major expense. One new loan replaces your existing mortgage and puts cash in your hands.

Cash-out refinancing

Austin home equity line of credit

Draw from your home equity as needed, and only pay interest on what you use. A HELOC gives you a credit line you can access anytime — no new mortgage required.

HELOC loans

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After you lock, our system watches the market. If rates drop before closing, we automatically renegotiate on your behalf.

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