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Updated almost 3 years ago on . Most recent reply

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Sam Raj
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Jarrell, TX investment

Sam Raj
Posted

Hi BP members,

How is Jarrell, TX considered from an investment perspective for new investors/SFH type properties?

-potential for appreciation in the next 5-6 years

- and the ability to rent easily

Not looking for positive cash flow which is doubtful in most places anyway.

The location appears to be great (I-35/close to Taylor/Samsung project). Mainly considering it as our budget is 300-325k. Are there other better cities to consider around Austin for such a budget?

Are there any drawbacks in the current market to choosing Jarrell? (Example: too many rentals etc.)

I did see some similar posts and I would love feedback from those who invested recently in the last year or so.

Most Popular Reply

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Ryan Kelly
#4 Creative Real Estate Financing Contributor
  • Real Estate Broker
  • Austin, TX
1,218
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1,293
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Ryan Kelly
#4 Creative Real Estate Financing Contributor
  • Real Estate Broker
  • Austin, TX
Replied

@Sam Raj I may go against the grain, but I'm not a fan of Jarrell. While there are affordable homes in the small town, there is nothing else. No employers, no major grocery stores, no entertainment, etc. Everyone is forced to be a commuter. I much prefer towns where you have lots of necessities close by AND at least some jobs. Bastrop, New Braunfels, San Marcos are good choices. I also like Bell County options like Temple and Belton. The only attraction to Jarrell is price, but that's it. My two cents!

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Ryan Kelly Group - Keller Williams
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