Investing in Round Rock

[Jerry Wang]

I am new to REI and looking at Austin surrounding areas. (SFH $200k, rent, buy and hold)

When looking at  Round Rock (some people in BP mentioned this as an option), I have a few questions

a) What are the reasons people choose to invest in Round Rock? It seems to me, there is no large number of tech employers, it is not close to big cities like Austin or Dallas .

b) Is it overbuilt? Zillow  shows 350 news homes vs 333 sale by sales. the num of news homes is so high, which is probably not oftenly found in CA (I am in CA). 

How do you think about investing in this area?

Thanks.

Jerry