Austin, TX Investment Property

[Jeremiah Vancans]

What are everyone's thoughts on Austin Texas? I'm considering buying in Austin for my first investment property. I'm curious what areas are best to consider with a budget up to $400k. Open to fixers, SFR or Multi-family. Cash flow is nice but the appreciation play is more important to me.

[Abby Argo]

@Jeremiah Vancans ... With $400K, you can buy in many appreciating areas. I would focus on East Austin (78721/78723), South Austin (78704/78745), and specific parts of North/Central Austin (Brentwood/Allandale/Crestview, 78756/78757/78758). All of those areas have tons of new builds, full remodels, and the ARVs are constantly increasing at a rapid rate.