Best Markets for Fix and Flip Loans in Texas

They say everything’s bigger in Texas, and that’s certainly the case when it comes to the fix-and-flip industry in the state. Texas laws are well-known to be investor-friendly and there are some truly amazing locations to pick from. With that being said, Texas is frankly gigantic—making choosing the right market best-suited for your individual investment strategy somewhat challenging. To make that process a little more manageable, we’ve compiled three of the leading real estate investment markets to kick off your search for your next fix-and-flip project.

Round Rock

Ideally located in the Austin metro area, Round Rock is a sought-after suburban oasis that has a ton of appeal in the current market. The area has seen exponential growth of 3-4% over the past year alone. If you are looking to pursue a buy-and-hold approach, rental income is a promising $1,654 per month on average—which are great returns for investors looking to upgrade a rental property and lease it out to tenants at an above-market rate. Things get even better considering that appreciation has driven the median property value up by nearly 6% since 2020, with the average listing price sitting at approximately $280,000. The local economy is strong, with a significant boost coming from a number of leading tech companies including Dell and Emerson having corporate offices nearby—a factor that attracts a substantial number of young professionals seeking housing options. What’s more, Austin has had issues supporting its exponentially growing population, meaning that newcomers are migrating in droves to the suburbs such as Round Rock to get more bang for their buck. This trend is an amazing opportunity for real estate investors, who can still acquire reasonably priced properties to rehab and resell for top dollar.

Sugar Land

Situated just outside of Houston, the median home values are rising quickly in Sugar Land. Properties have appreciated to the tune of 2.5% over the last year, with the typical listing selling for over $305,000. Rental prices are also optimal, with monthly rental income averaging out around $1,946—well above the national average. Not too long ago, Sugar Land was a sleepy little farm town, but has quickly evolved into a hub for jobs, technology, and recreation. A large 6,500-seat stadium was just finished, and major international companies like UnitedHealthcare and Bechtel EO are headquartered there. The economy is booming, with oil and gas firms staking their claim in the area. For example, Nalco Champion recently built a $45 million operations and research plant in Sugar Land, which will provide employment opportunities well into the future.

Seguin

Location is everything when it comes to real estate, and Seguin is the perfect example. Just a half-hour outside San Antonio and 45 minutes from Austin, Seguin is an intriguing prospect for aspiring fix-and-flippers. With a local market that has seen property values spike over 4% in the last year alone and monthly rental income averaging a lucrative $1,540, there is plenty of potential for optimal return on investment in Seguin. Perhaps one of the most promising aspects of the area is the overwhelming number of famous companies that have set up shop in Seguin—which include Caterpillar, Tyson Foods, and Continental Automotive Systems to name a few—that bring with them workers and commerce. The local government has also recently built a cutting-edge medical center and is expanding housing initiatives to cater to the steady stream of new residents that have relocated to the area in pursuit of employment opportunities. That’s great news for investors, who know that all of these newcomers need a place to call home, and the flexibility and affordability of fix-and-flip properties are the perfect solution to bolster the reduced housing inventory.

Seize the Opportunity

Don’t let funding be the factor holding you back from capitalizing on that next promising fix-and-flip project. With Express Capital Financing, you get the money you need when you need it. No more waiting months for the capital you need to close the deal. No more strict underwriting protocol to follow. The experts at Express Capital Financing understand real estate investing and can leverage their vast experience to deliver viable and creative funding solutions for fix and flip transactions. Contact us today to learn more about how we can help you take your investment business to the next level.