Anyone familiar with North Austin/Cedar Park/Leader TX

[Joe Niedert]

Hello,

I'm a newbie investor. I assumed a property in Cedar Park, TX and it has been under lease for the past year. However, my gut tells me it's not a good rental candidate for the area. It's a large house (2900 sq. ft.)  and, thus, commands a higher price, i.e. not in the "sweet spot". Since the tenant didn't renew, I have been debating selling the property outright to invest in smaller, potentially more marketable properties; try to continue leasing; and/or do a cash-out refi to buy another property more in the "sweet spot" (which seems to be $1400-1600 rent). 

I'm looking for a non-influenced opinion from someone in the area on this property. My property manager encourages me to lease (PM fees) and my realtor says I should sell (commission). 

Ultimately, I'm looking for someone familiar with the area, but please let me know what additional information I can provide, or connect with me directly. As a newbie, I'm having a bit of a hard time with this decision.

Thanks!