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Updated over 1 year ago on . Most recent reply

User Stats

5
Posts
3
Votes
Austin White
3
Votes |
5
Posts

Location location location

Austin White
Posted

Hello everyone! I’m looking to buy a single family home in either Killeen or Georgetown Tx. I am active duty military stationed at Ft. hood and will be getting out of the military in a few years. I want to stay in Texas, preferably the Georgetown area after I get out.

I will be using my VA loan to finance this home purchase and have already been pre approved for 300k. Below I have listed to pros and Cons of each area. Just need some help on which would be the better option for a long term investment. Thank you!

Killeen

Pros: cheaper property costs, easier commute to Ft Hood, cheaper property tax, easier to find tenants

Cons: high crime, slow home appreciation, only one type of tenant (active or retired military), 

Georgetown

Pros: more diverse pool of tenants, can charge higher rent, better location (closer to downtown Austin), lower crime and better schooling, appreciates higher then Killeen

Cons: higher property prices and property tax, far commute from Ft. Hood,

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