Real estate investors have long seen Texas as one of the absolute best states to invest in real estate in. If you’re looking to just get into the game, or if you are looking to diversify your already awesome real estate portfolio, Texas has a location that will fit your needs. However, knowing which spots are particularly hot at any moment can be difficult when you’re looking at properties in such a massively large state. To help steer you in the right direction, here are some of the absolute best places to buy real estate in Texas as a property investor:
Aside from its absolutely charming name, Sugar Land has been frequently showing people its appeal lately (for both property investors and residents). Home values are rising at a modest, but steady rate of 2.5% each year, but the reasonable prices of homes and rental properties in the area make this a great place to consider investing in. Huge corporations in the healthcare industry, and even some sports-related attractions, have been slowly building their presence in the town as well. Due to this, investing in rental-centric properties is more heavily recommended for those looking at properties in Sugar Land.
Located just outside the northern tip of Austin, Round Rock is one of the biggest (just outside a major city) suburb locations in the United States. The sheer amount of people looking to rent in Round Rock to avoid the sometimes-absurd rental prices in Austin will help you feel assured that any property you invest in can become a success. Home prices are growing at fluctuation rates, but the town has only seen boosts in this area for some time. Families that work in Austin often move to Round Rock, so it’s a great place to invest in family-style homes as well (especially if you can find an excellent place to flip).
Seguin is a charming locale that’s located under an hour from both Austin and San Antonio, making it a fantastic place to invest if you’re into culture and amazing food. Homes are seeing their values rise at a constant rate, usually around 4%, and many large professional companies are making Seguin their home. If you are interested in investing in rental properties, Seguin is an excellent place to start looking for options. The more entry-level costs of property in the area adds an additional perk to this fantastic location.
The 18.3% jump in the value of homes and property in Odessa has made it appear on real estate-savvy folks’ radar. Property is much cheaper to purchase and keep up-to-code in Odessa as well, making it a great place for first-time real estate investors to try their shot at the market. As an added bonus, Odessa’s property and home values are expected to increase another 7.4% by the end of the year. If you want a near-guaranteed profit on a property in Texas, Odessa is a safe bet.
Not everyone who lives in Texas (or even in it) knows about New Braunfels, but they should. This hidden gem is just a short skip from some huge cities and attractions, making it hold a suburban feel, and also causing it to be the home to manyrenters. If you’re looking for rental properties that will only go up in value, this quickly growing locale will keep you impressed. Home values are rising by more than 5% every year for the city, so hop into these massive profits soon.
Austin is one of the premier locations to buy and sell real estate in the United States. For thirty years, Austin’s vastly increasing property values have shown absolutely no signs of slowing down (to the point that families who were born there are seeing their homes as a quick way to get rich). If you have the capital to back up your ambitions, rental properties and family homes in Austin are a near-guarantee for generating income. With giant industries and companies (like Apple and Tesla) moving into the area, it’s hard to overstate how much of a constant demand for places to rent there is in Austin. Profit off of this demand if at all possible.
These six properties are not the only solid Texas-based locations to invest in if you’re in the market for real estate locations and rental properties. You’ll be thrilled by the sheer variety in the landscapes, cultural attractions, and styles of communities that Texas holds (after all, it’s absolutely massive). If you can find a location to invest in where you can also live comfortably, Texas could even be your forever home (a home where massive profits come to you month-after-month for the rest of your life).