Leander vs Pflugerville

[Hemal Patel]

Being remote and have never lived in Austin, it's quite confusing to know that between Leander and Pflugerville, which one is a better prospect for investment, say we'll keep it for 5 years. We've observed that Leander is around 220-225/sq ft whereas Pflugerville is around 215-220/sq ft. Pflu also offers newer construction and larger homes but overall Leander seems to have a full package, such as schools, shopping, ameneties, metro etc. Our main concerns are:

- Which one will rent better? So far the rental comps show a mixed (or similar data) as newer communities in Pflu and Leander have average school rating. Not talking about the established neighborhoods where the schools are excellent.

- Which one has more foundation settlement issues? We've heard that East of Austin has more clay in soil and perhaps more prone to settlement issues.

- Which one has higher property tax and chances of hiking every year? Blackhawk and Avalon communities in Pflu has 3.25% property tax but the hike year after year is not too high. Leander is about 2.8 but the hike seems to be 7%

- In terms of HOA, Leander communities run slightly higher on HOA