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Updated almost 8 years ago on . Most recent reply

User Stats

56
Posts
13
Votes
Jared Crouch
  • Real Estate Investor
  • Austin, TX
13
Votes |
56
Posts

Austin Multifamily

Jared Crouch
  • Real Estate Investor
  • Austin, TX
Posted

I am looking for an owner occupied multifamily in south central Austin. In the Austin market will I be better off getting a duplex which may or may not have greater appreciation, or try for a 3 or 4-plex which would have better cashflow?  

Also any neighborhoods in $200-$300K range that would have multifamily properties? 

Thank you in advance. 

  • Jared Crouch
  • Most Popular Reply

    User Stats

    83
    Posts
    39
    Votes
    Saberian Younger
    • Investor
    • Austin, TX
    39
    Votes |
    83
    Posts
    Saberian Younger
    • Investor
    • Austin, TX
    Replied

    Here's one reason I really like 78745 right now. 

    http://kxan.com/2015/09/21/st-elmo-project-bringin...

    http://www.bizjournals.com/austin/blog/real-estate...

    http://austin.eater.com/2015/9/21/9364035/saxon-pu...

    With that being said I also love 78704. It's where I "location hold" properties. The price point is just really high. Like Mr. Salas pointed out its hard to find deals...

    I cash flow properties in round rock which is in the county just north of Austin/Travis.

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