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Updated about 5 years ago,
Thoughts on Lake Travis (near Austin TX) as a rental market?
Hi all,
I'm considering buying a few rental properties in the Lake Travis (near Austin TX) area. Anyone have any experience running rentals in that area? Price point is relatively high but the school districts are amazing, and I could see families wanting to stay in a rental for an extended period because of the great schools nearby.
I also like the city's proximity to Austin downtown which could help with appreciation as Austin continues to grow and develop. Lake Travis is about 20 miles away, so it's feasible that folks could commute back and forth from their jobs in Austin proper.
Any and all feedback is welcome. Thanks in advance!