• Investment Property Viability for Austin Texas

Investment Property Viability for Austin Texas

Investment Property Viability for Austin Texas remains strong. Investors continue to buy residential homes for rental properties and long term investment holding.  There continues to be a strong demand for rental properties specifically in Austin and generally in Texas as a whole.  Builders and developers are continuously attempting to meet demand for  residential single family homes.  The cost of investment residential properties continues to climb with costs escalating rapidly for property taxes and home prices in general.

The good news for investors is that, with a longer term” hold” strategy, they still stand to make high returns on their investment with steadily climbing rental rates, low vacancy, high demand, and strong appreciation values on exiting the market.  There are still great investment properties available in the Austin metro area, you just have to look a little harder, do your research and be ready to react to an opportunity when it presents.    For More information, see the following article from Tierra Grande, The Journal of the Real Estate Center at Texas A&M University:

 

https://www.recenter.tamu.edu/articles/tierra-grande/rent-natural-vacancy-rates

 

 

 

Sandy Hoffman is a Broker Associate with Keller Williams and runs a successful real estate practice, Sandy Hoffman Properties.  She is a waterfront specialist with 16+ years experience in residential, commercial, second homes, vacation homes, investment and ranch properties.  To search available homes, click on the link below:

Http://app.kw.com/KWGK4EG4

 

 

 

We can help you buy or sell your home, waterfront property, investment property, or commercial property. Contact us NOW to find out what your home is worth.

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