Areas to buy in Austin

[Rajat T.]

I live in Southern California but I am looking to invest in Austin. I am looking for a SFR in $250k-$300K range and also open to doing rehab if I find a good deal. I will be putting 25% down and finance the rest. Looking to rent it out.

Can you guys recommend any "hot" zip codes or suggest best neighborhoods in Austin to invest in? I am looking for a place with some what of a cash flow (assuming minimal) and primarily counting on the appreciation.

All suggestions/feedback welcome!