Texas Investment on new build

[Melissa Man]

I’m looking to purchase a new build in Little Elm, Tx. Off 380. Purchase price : $298,000 Down payment: $ 80,000 My mortgage will probably be around $2,000 a month Would I be able to rent this out for 2k? In this area. My dilemma is I feel this maybe a bad purchase, but then appreciation maybe good and end of year on taxes getting money back. This is what i have been told. Not sure if I’m being directed properly. Can anyone give me some insight on this. Also if anyone knows the future of this area. Will it be mine a Frisco or Plano? Tnx in advance