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Updated over 4 years ago on . Most recent reply

User Stats

18
Posts
5
Votes
Tochi Ajiwe
  • New to Real Estate
  • Houston
5
Votes |
18
Posts

Third Ward 3/2ba v Second Ward 2/1ba

Tochi Ajiwe
  • New to Real Estate
  • Houston
Posted

Hey BP Fam,

So I've finally found two properties, one is in Third ward on the MLS and the other is in second ward found off market through a friend at my church! The second ward is a 2/1 SFH with a separate ADU with a full bathroom and the third ward one is a 3/2 SFH both on 5k plot both similarly priced. Love the third ward one except its right on the edge of the feeder road onto I45 and idk its pretty loud! The only issue with the second ward one is that its a 2/1 which I think would be difficult to resell. They are both similarly priced.

So Im conflicted and already lost one property due to my indecision haha

Which one do yall think is the better buy? Does the road noise and location on a freeway cancel the 3/2? Is third ward a better neighborhood than second ward in terms of appreciation? This is my first property so I definitely want to buy right. Would really appreciate any and all insights!

Most Popular Reply

User Stats

15
Posts
6
Votes
Carlyle Small
  • Rental Property Investor
  • Houston, TX
6
Votes |
15
Posts
Carlyle Small
  • Rental Property Investor
  • Houston, TX
Replied

While it sounds like a good prospect, going into gentrifying areas for your first deal can be tough. There's not enough info here to guide you. Prices, comps, rehab cost? Are you flipping or buy and hold? One thing is I would agree the 2/1 will be tougher to sell, but maybe easier to rent depending on other factors. I live in East Downtown, and while I haven't looked at a ton of deals in the wards, I know the area better than the suburban investors. Shoot me a DM if you want to chat offline.

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