is this a good deal in Leander,tx for rental?

[Account Closed]

Brand 4 bedroom/3 bath single story home in summerlyn neighborhood in Leander for 215k. 1746 sq. ft. is this a good deal for rental or I should look for something else? I am looking to invest in austin area for long term.

[Jeremy VanDelinder]

I concur with Jacob. It's hard to say based on what's here, but in general terms I expect a good deal in Leander to be near the $100 s/f mark. That one is around $123 s/f. Of course, it greatly depends on the area--that sounds like a nicer house that what I'm typically looking at, but I would be surprised if you could make cash flow on it.