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Updated over 4 years ago,

User Stats

119
Posts
129
Votes
Ramsey Blankenship
  • Rental Property Investor
  • San Diego, Ca
129
Votes |
119
Posts

Is Bryan Tx. worth investing in?

Ramsey Blankenship
  • Rental Property Investor
  • San Diego, Ca
Posted

Here are the Macro Economics:

Population growth since 2000: 22%

Median HH income increase since 2000: 18% (on the lower end, however, the college has a huge influence on this)

Medina Home Value increase since 2000: 48%

Crime:  This city has cleaned itself up in a MAJOR way. Unlike any in the country (Crime cut in half since 2000) in fact, LA and New york cities conducted case studies on Bryan Tx. to use as a template for reducing crime.

Job Growth: 1.41%  (this is for the College Station /Bryan MSA)

All in all - very good signs for a healthy city with many reasons to invest capital.

Here is what scares me:  There is an enormous amount of multi-family inventory on the market. Too much. I believe this is due to student housing growth when Texas A&M increases its capacity to 80,000 students.  From a distance, it appears construction has slowed however population increase has not.  

Any experts in Bryan willing to provide some insight on the direction Bryan is headed? M

My partners and I are looking to invest some capital into some smaller, stable, Multi-Unit apartments (5-20 units) with short term rental potential.


Interested to hear the feedback.


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