Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Austin Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

4
Posts
5
Votes

Is Kyle a good suburb for long term rental investment?

Posted

Hi Folks - I recently joined BP community and look forward to learning from the network. I am based out of Seattle area and looking to invest in a real estate property in Austin area. 

My goal is to buy a SFR in $500-$500K budget with 2500+ sqft. The plan is to rent the home and hold it for long term investment (5+ years). I am ok to be cash flow neutral or cash flow negative with focus on long term appreciation.

I found a property that matches our criteria in Kyle. Based on my research, Kyle seems to be a stable suburb with good schools. The only downside (based on my limited knowledge), it is not part of the North Austin area where the market is HOT now. At the same time, i do not want to just focus on north Austin area and go into bidding wars.

What is this community's feedback on a real estate investment in Kyle area? Any red flags to not invest in Kyle?

-Karthik

Most Popular Reply

User Stats

1,068
Posts
1,079
Votes
Bryan Noth
  • Realtor
  • Austin, TX
1,079
Votes |
1,068
Posts
Bryan Noth
  • Realtor
  • Austin, TX
Replied

@Karthik Cherukuri it's true, almost every part of of Austin is on fire given the sheer volume of influx, both population and jobs.  

By percentage, Hays County (home to Kyle and Buda) has been the fastest growing county in the nation by percentage the past 10 years according to the US Census Bureau.  I also second that corridor between Austin and San Antonio looks primed for growth.  Watch out for floodplains but parts of Kyle but overall it has seen exceptional growth and looks to be posted to continue.  

Loading replies...