Wait, 2.8 acres is worth the same as 20 acres on the same street?  

As I understand it, anything built pre-Katrina that survived had a new roof put on about 20 years ago, but from Google street view it looks like a lot of them are metal. 

I still purchased STR this year though, in the height of the market, but I only purchase where it's a recession-proof, the price now already appreciates again.Today, dec 2022, I've seen a lot of blood in the street, especially in suburb Single Family house that was affected unnecessarily due to rate hikes, as the price fell to the 2020 level, it's buying opportunity, wait for 3 4 years before selling it in 2026 could make easy 100k capital gain.

Each side is 7br/5ba, a shared jacuzzi and pool, a shared game room with pool table and foosball, a 1 minute walk across her street and to the beach.+$80k each side this year but after sinking $14k into  furniture and the wall decor to give it a strong “beach house” feel.  

Yes, the house is in on my street and I am prepared to move  down the street for a year. 

However, it had a similar effect on sellers, many of whom cannot stomach selling a home with an extremely low-rate mortgage just to buy another a 6-7% rate.According to the Wall Street Journal, “Almost 70% of households with mortgages have rates below 4%.”To drive it home, though, take a look at this chart of median single-family prices in Austin for 2022 (including December so far):The median single family home sold in November for around 20% less than the median home in May 2022, which appears likely to be the high water mark for some time to come.

My neighbor from across the street (not lakefront) approached me with this idea: he will buy a pontoon boat to dock at my house.

You can upload a list or use their system to generate a radius/street list.

The bank won't lend you more because a similar property down the street sold for more.

Also, keep in mind that rentals on busy streets, like Whalley Ave, are probably not going to command the same rent amounts as those in residential neighborhoods.