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Updated almost 3 years ago on . Most recent reply

User Stats

39
Posts
17
Votes
Erik Applegate
  • Rental Property Investor
  • Austin, TX
17
Votes |
39
Posts

Comparing two areas around Austin

Erik Applegate
  • Rental Property Investor
  • Austin, TX
Posted

Hey BP Texas,

Which area would you say would appreciate more in the 3-8 year range for a primary resident, SFH:
mlk around Berger st or east congress (south) by st Elmo development? 

And any other recommendations for SFH areas nearby? Im actually posting for a friend who hasn't heard of BP, I've already recommended that he connects with some realtors here. Their goal is to move in for a time then sell and roll all the appreciation into a larger property to live in.

Thanks. 

Most Popular Reply

User Stats

57
Posts
60
Votes
James Wenzel
  • Investor
  • Texas
60
Votes |
57
Posts
James Wenzel
  • Investor
  • Texas
Replied

I have invested in Austin in the past, but have shifted more toward San Antonio.  The deals are so much cheaper there and have a lot more yield/cashflow.  Also getting nice appreciations there.  Properties appreciated 150% in 2-3yrs.  

I do have a development in the St Elmo area that I am invested in.  Should be a very nice class A that will be completed in the next 2ish yrs.  Retail, farmers market, housing etc...  That might be a place to buy before its finished.  

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