Advice on investment type

[Olga Daisel]

Folks,

I am a mother of 2 small kids, 3 and 5. My 5 year old started Elementary in our neighborhood. The school is very good, but middle is not so much.

I have some cash to invest, but can't decide what route to take. I singles out 3 routes, and due to funds limitations I can take only 1.

1. Get a house in a great neighborhood during the summer 2025 and sell my primary in spring 2026. My primary is not ready and needs more work before I pull the trigger. For those who are familiar with austin, I want a house in westlake hills, my primary is in northwest hills.

2. Buy a lot and build a house for sale in 2026. Potential income 600k-800k.

3. Buy a lot, build a rental propert, to be rented out 2026 for approximate annual income 150k.

I understand I can borrow for 1 and (2 or 3), but that would put me under risk i don't want to take.