Great investing areas in Central Texas. (Based on my research)

[Caleb L.]

Hi Y'all! 

I thought it would be great to share some data I've collected about some of the best cities to invest in in Central Texas (in my opinion) 

Disclaimer (Sorry, I have to do it): The opinions I share about each city should not be your deciding factor in deciding where you should invest. This is an overview of each city and my opinion on it, which should not be your deciding factor!

Now that that's out of the way, let's do it!

City 1) Georgetown, TX.

a. Growing population. (Always a plus, right!) ;) 

b. Growing jobs.

c. A little on the expensive side. (But still great deals can be found)

d. Lot's of great attractions and charm! (Hiking trails, Georgetown Lake, etc.)

Georgetown is about to experience a HUGE job and population spike! Here's why. Big companies are starting to build big buildings in the city. Companies like, Apple (which is building an over $1 billion dollar campus), Academy, Hertz, Jason's Deli, etc. Which will all increase jobs and population by about 15,000! The median house price is $296,200 today.

City 2) Hutto, TX.

a. Growing population. (Hutto is growing naturally with a strong up trend in population)

b. Great steady job growth!

c. You can get almost the same rent as you could in Georgetown for a lower house price.

d. Great city with lot's of charm and some attractions. Great place to raise a family.

Hutto, Tx is a great little city with lots of charm and growth. People move there for the location and steady jobs, along with the housing prices. The median house price is $220,500 today.

City 3) Leander, TX. 

a. Great population growth. (Leander is pretty close to Georgetown, TX. Which means it will be affected by the new buildings and job growth)

b. Steady job growth.

c. Great place to raise a family! (Property prices are a little lower than Georgetown's.)

d. Will be affected by Georgetown's growth. 

Leander is a great place for families, with steady jobs and a growing population, it's a great place to own a single-family rental! Leander's home prices are pretty good for the most part, with a median house price of $221,100.

Conclusion: These are some of the strongest growing, healthy cities in Central Texas. With great economics and relatively good housing prices.

Remember, these cities may not fit your criteria. These cities seem good in my opinion, but you will have to dig deeper to be sure one of these cities fits your criteria. 

I hope you found this data helpful in your search for rental properties in Central Texas! 

Thanks Y'all!