Texas Triangle
Hotels for sale in Austin, TX. Cap rates, comps, and brokers across the Austin MSA.
Austin is one of the deepest hotel investment markets in Texas. Demand is anchored by the State Capitol, University of Texas, the Austin tech corridor, ACL/SXSW seasonal compression, and steady leisure demand from Hill Country crossover. Matthews's headquarters is downtown on Congress Ave., and the Austin team handles dispositions across select-service, full-service, and Hill Country resort assets.
Active Matthews listings
0
Recent Matthews closes
5+
MSA
Austin-Round Rock-Georgetown MSA
Cap rate range (Q1 2026)
Stabilized PIP-current select-service: 7.50%–8.25%. Full-service urban: 7.00%–8.00%. Resort/lifestyle: 6.50%–7.75%.
Source: CBRE H2 2025 U.S. Cap Rate Survey, HVS U.S. Market Pulse, Matthews Hotel Markets internal underwriting (Q1 2026).
ADR + RevPAR commentary
Austin ADR has held roughly $180–$220 across stabilized urban full-service through Q1 2026, with ACL and SXSW driving event-week premiums. Select-service sits closer to $130–$160 in Round Rock and northwest Austin.
Source: STR (str.com) public press releases, AHLA State of the Industry, JLL Hotels Research (Q1 2026).
Austin demand drivers
- Texas State Capitol + state-government business travel
- University of Texas at Austin (parents, alumni, recruiting)
- Austin tech corridor (Tesla, Apple, Oracle, Meta, Indeed)
- ACL Music Festival, SXSW (March + October compression)
- Hill Country crossover leisure
- Formula 1 USGP (October)
Recent Austin closes by Matthews
Staybridge Suites Austin
121 keys · 2021 · Permanent Financing
$11,500,000
View transaction
The Mansion at Judges Hill
14 keys · 2021 · Asset Sale
$10,000,000
View transaction
Hampton + Home2 Suites Austin
240 keys · 2021 · Preferred Equity
$36,500,000
View transaction
Dual Brand Hampton Inn + Home2 Suites Austin
260 keys · 2021 · Development + Construction Financing
$65,000,000
View transaction
Home2 Suites Austin
132 keys · 2021 · Permanent Financing
$21,500,000
View transaction
Austin hotel investment FAQ
- What is the current cap rate range for hotels in Austin, TX?
- Stabilized PIP-current select-service: 7.50%–8.25%. Full-service urban: 7.00%–8.00%. Resort/lifestyle: 6.50%–7.75%. (Q1 2026). Ranges reflect stabilized, PIP-current assets across select-service, full-service, and where applicable resort/lifestyle. Cycle-trough resets, distressed assignments, and PIP-overhang trades clear at materially wider levels. Source: CBRE H2 2025 U.S. Cap Rate Survey, HVS U.S. Market Pulse, Matthews Hotel Markets internal underwriting.
- What are ADR and RevPAR doing in Austin right now?
- Austin ADR has held roughly $180–$220 across stabilized urban full-service through Q1 2026, with ACL and SXSW driving event-week premiums. Select-service sits closer to $130–$160 in Round Rock and northwest Austin. STR press releases (str.com) and the AHLA State of the Industry are the public benchmarks we cite for ADR/occ/RevPAR. We supplement with internal underwriting on every active mandate.
- Who are the named demand drivers behind Austin hotel performance?
- Texas State Capitol + state-government business travel; University of Texas at Austin (parents, alumni, recruiting); Austin tech corridor (Tesla, Apple, Oracle, Meta, Indeed); ACL Music Festival, SXSW (March + October compression); Hill Country crossover leisure. Underwriting in this market keys on the diversification of those drivers — concentration in any single demand source is the most common reason a buyer haircuts our pro-forma RevPAR.
- Who at Matthews Hotel Markets covers Austin?
- Our Austin mandates are led by Luke Thompson and Nate Solomon. Direct contact info is on each broker's profile. For confidential disposition or acquisition conversations, the team responds within 24 hours.
- How long does a typical Austin hotel disposition take?
- Matthews's published 24-week playbook applies in Austin — engagement letter and BOV in weeks 1–4, OM and marketing launch in weeks 5–8, call-for-offers and finalist round in weeks 9–14, definitive agreement and closing in weeks 15–24. Construction-loan workouts and recap structures sometimes compress; PIP-cycle disputes can extend.