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Updated over 4 years ago, 04/02/2020
SFRs in Kyle - Buda or San Marcos?
Good day Austin BP!
I'd like to invest in an SFR in the Kyle/Buda/San Marcos area (I already own a rental in Leander. Whilst it's appreciated and I positive cash flow on it, there's no value in buying rentals in the Austin central and north area now). I'd even considered Liberty Hill but my cousin told me that whilst it's a great place to own, it may not be the best for rental investments.
So..... here I am looking at the southern corridor.
1. Any advice on which of the 3 areas (Kyle - Buda - San M) would offer a better ROI? (ROI for me being primarily - appreciation/growth and then cash flow). Monthly payments seem $1450'ish for a 3/2 SFR whilst rent on realtor.com is in the 1550-1650 range.
2. How soon do houses in these areas rent?
3. Any upcoming 'big thing' (like a new big company campus, or a mall) that may add value and spike up the prices?
2.