They are similar price points, although Southpark is on average probably higher than Plaza Midwood. 

@Lisa LusbyThe rental market is really strong in Austin right now, I am averaging a week to 2 weeks on getting homes rented and 5-6 showings a week.

The average rent for 2/1 is somewhere in the mid $600 - $900 range.

What is the average fee a title company might charge?

The median sales price of new homes in December 2019 was $331,400; average sales price was $384,500.

I figured the Subject line would catch  your attention lol so lets get to it 26 Year old , Passive investor with a few retail commercial buildings ( $700K average price tag )  all rented out  and a couple business i run , all owned by me . 

The national average Cap Rate for multifamily is a little over 5.Yes, it is an average but you can roughly equate risk to the multifamily premium.There might be some other options that are better for you.

In each market I would look for:Job growthUnemployment rateEconomic growthMarket stabilityPurchase price to rent ratios To add to this list:Crime dataInventory levels and average days on market per asset classPopulation growth/migrationSchool rankings

Food for thought but ultimately out of our control: - statistically people do die from influenza each year, less then 1%- SARS averaged around a 10% fatality but did not have the ability to spread quickly like covid-19 - Ebola virus has around a 50% fatality rate.

It almost tripled the average bill.