The renter pool for this area seems to be university faculty, grad students, commuters etc. 

If you earn $50-$100k with the ability to select the neighborhood you live in, you probably are looking for a safe, well maintained, nice looking, updated, affordable home, in a neighborhood of similar properties, in a good school district, with easy access to shopping and parks and your work.   

The city did declare bankruptcy a few years ago and there is no school district within the city.

In a good school district, property was flat & well drained so minimal site prep, (a huge positive), but it did need 12 large trees taken down.We sold it word of mouth for a quick $45k net profit.

I would be most interested in condo development (2-4 bedrooms) in good school districts.

We have three kids and we won't move out of the school district until they are done with school.

Given that they aren't going to find cheaper rent down the street, or likely within the school district, and with all the competition for rentals, aren't likely to move at all. 

At that price point, hopefully yours is either a west end property or in the historic district.

Youngest is 6, but I figure if we can keep them in the same school district, then it should be fine.

Community center with pool, tennis, etc - 1min walkSchool district: 5-6-7Driving distances:Costco - 14minWalmart - 10minLakeline shopping mall - 11minAnd to the Tech side of things (big part of my speculation)Apple/Oracle/Accenture/TriNet - 7minElectronic Arts - 5minAmazon - 12minIBM - 12minDell - 14minVisa - 7minFlex - 6minCisco - 6minNvidia - 9minNational Instruments - 11minSamsung - 20min (insanely huge factory)Everyone above are huge huge employers with 100s-1000s of jobs and constantly hiring & expanding.Amazon is expanding to 800 new employees in “The Domain” new offices by 2020.Google expansion downtown Austin - 5000 new people, 800k sqft by 2022And to the best one!