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Updated over 1 year ago on . Most recent reply

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Chris Schmitt
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Kyle, Texas (Austin) pros/cons for LTR?

Chris Schmitt
Posted

I was wondering if anyone has experience with LTR is Kyle, TX.  I was looking at some new construction with big incentives (lower rates, no closing costs) and it appears with a larger down payment on a townhouse I could provide decent cash flow at market rents.  I am totally unfamiliar with the area, however (been primarily searching FL and SC).  Statistics show it is growing but I don’t know if it is an ABCD area or what the rental demand is for new construction townhouse.  Any advice would be greatly appreciated!

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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
3,415
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Replied

@Chris Schmitt Kyle is one of the fastest growing cities in the country and there is a ton of new construction going on there with great incentives. We have quite a few clients targeting the area and sell a lot there! I would say it's a solid B and lots of cool new businesses are moving there.

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The Moorhead Team
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