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Updated over 3 years ago,
Advice on Investment Property Austin , TX
Hi, I am located in the Bay Area and looking into an investment property in Austin or the surrounding areas. I have talked to a few realtors and am getting conflicting information on which areas have the best potential for growth. I understand SFH's go for a significant amount more than the listing price and the appreciation on the property is the smart play not the cash flow. I am looking for a SFH in the price range of $300-400K.
Areas that I have been advised to look into are: Del Valle, Georgetown, Round Rock, Kyle, Buda.
Are these right areas to look into? Which are has the best potential? Are Hornsby Bend & Manor worth looking into?
Any advice would be greatly appreciated.