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Updated over 5 years ago on . Most recent reply

User Stats

32
Posts
8
Votes
Richard W.
  • Rental Property Investor
  • Los Angeles
8
Votes |
32
Posts

South Houston - Advice on neighborhoods

Richard W.
  • Rental Property Investor
  • Los Angeles
Posted

I'm looking for SFH in south Houston area. I'm targeting areas within 45mins drive in rush hour to Texas Medical Center. Mid to good schools (particularly elementary). Ideally 1% rule, but a little flexible if other criteria met. Built last 15yrs or so. Spend $140-200k (almost rent ready).

I've seen these areas in blue on image below have done well for appreciation last 5yrs (other colours show quartile of all neighborhoods for respective annualised growth). However some look to be high crime areas.

I've also seen that the REITS Invitation Homes and American Homes 4 Rent are active in some areas which is reassuring. They are also active in Fresno which is outside the 45min commute but perhaps I should consider.

Any input on which neighborhoods to target is much appreciated!!

Most Popular Reply

User Stats

471
Posts
267
Votes
Kevin Wood
  • Investor
  • Houston, TX
267
Votes |
471
Posts
Kevin Wood
  • Investor
  • Houston, TX
Replied

@Richard W. stick to the edge along 45 and along 288. There are some pockets of really nice homes in the area. Definitely need to drive it and know what you are looking at. I own 2 properties in the area. One is still up and coming. The other is in a nicer area and is more stabilized. Crime inside the city happens. Sunnyside is worse than third ward imo. I don't own in Sunnyside because of crime, but know folks who do.

I own a 10 and 12 by Lawndale Wayside.

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