Rather than an urban setting, some investors want subdivision-style neighborhood quality yet remain close to downtown. In this case we recommend MLS area NE because of its superior consistency of neighborhoods and the suburban appeal of the streets. Samsung has committed to developing their new plant nearby and the NE area is poised for family-home growth as a result. Starter single family homes are price at $135,000 and rent for $1050.00
MLS area 10 is another good option for investors; both areas are affordable family-quality areas where investors can purchase a late-90’s property for $150,000 that will rent for $1100. Duplexes in area 10 can run between $190,000 to $240,000 with rents from $1500 to $1800. Area 10 is in close proximity to Motorola and AMD ( Advanced Micro Devices). Prices in South Austin are on the rise because of the quick 20 minute drive to downtown and strong employer base in the area.
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