Thoughts on investing in Navasota, Texas?

[Annchen Knodt]

I'm wondering if any folks in the Houston / College Station or maybe even Austin areas have any thoughts on whether it'd be a good idea to to buy SFRs in the small town of Navasota near CS. My parents (@Tom Knodt) and I are based in Brenham and are working on purchasing some rentals in Brenham first, but they've noticed what seem to be some potentially good foreclosure deals in Navasota. From what we know there aren't particularly great opportunities there right now (lower median income than Brenham, etc), but they've observed that growth from CS and Houston continues to expand that way and so some decent growth there seems probable as well.

I'm thinking if we can determine that the rental market is good enough to make our numbers work, it can't hurt to buy one or two properties there, but I'm curious whether other investors have thoughts or opinions about Navasota.

Thanks!