Tag Archive: investment property

How to choose a property to flip in Central Austin

Homesville Real Estate's guide to choosing a property to flip in Central Austin

Over the years we’ve made significant investments in Austin’s real estate, sometimes holding properties, and sometimes flipping them.  We are in the process of updating a Central Austin condominium for resale, so we thought we’d share some of the top things we look for when choosing a property to flip.  This video covers the basics,…

Investment opportunities in Central Austin around $400K

Adorable bungalow in Central Austin near the university

We were searching for an investor client this week and discovered two neat investment opportunities that we wanted to share.  We like both of these properties because:  (1) they are located in areas that we predict will see above-average appreciation in 2017, and (2) neither property needs much work to bring it to a higher…

Austin Tx ranked best in nation for real estate investment & development

At a recent meeting of the Urban Land Institute, Austin claimed the top spot for best overall real estate investment and development opportunities in the nation.  The Emerging Trends in Real Estate report presented at that meeting stated: “The capital of Texas has consistently ticked the majority of the top boxes related to recent real…

Buying a Vacation Home

Keep these numbers in mind when considering a 2nd home.

Last month my family took a long weekend trip down to Port Aransas along the Texas Coast. For the second year in a row, we stayed at Cinnamon Shore on Mustang Island. This master-planned community features condos, cottage homes, and larger estate homes that share numerous amenities like heated swimming pools, movie night on the…

What Austin’s New Real Estate Developments Mean for Homeowners

Austin's changing skyline will have a very realimpact on local homeowners

Whoever said summer is supposed to be relaxing? I’ve walked in a fashion show for charity, taken the family to the beach, taxied the kids back and forth to camp and swim lessons, made innumerable forts, pitched a tent, gone to the Dino Park, visited the Wildflower Center, and fed the animals at Austin Zoo….

Remodel Your Way Into Central Austin

You’ve heard me say repeatedly that Austin’s market is hot, hot, hot.  If you want to get into a Central Austin home but you can’t afford new construction, there are still plenty of “diamonds in the rough” that can be modernized with some simple remodeling.  Today I want to share with you an example of…

JUST LISTED: 11901 Swearingen #5

Just listed home in N Austin

This spacious 2 story, 2 bedroom, 2.5 bath condo in the Reflections community features wood floors in the living room with a cozy gas fireplace, tile in the dining and kitchen areas, and carpet in the bedrooms.  The large windows and natural light coupled with the vaulted ceilings make this home seem larger than its 1,042 square feet. The…

Austin neighborhoods anticipated to have highest appreciation in 2016

  I am a big believer that you can increase your wealth by making sound investments in real estate.  I’m not saying you have to be a big real estate “investor.”  Even the home you choose to live in can be a vehicle to increasing your wealth, particularly if you make a wise purchase in…

Coming Soon: Condo in Gracy Farms

                  I will be listing 1411 Gracy Farms, Unit 133 in the coming weeks.  Offered at $149,900, this is a great property for first-time homeowners or investors. The 2 bedroom, 2.5 bath property in North Austin features an updated kitchen, back patio, access to the community pool,…

How to build a real estate portfolio with minimal cash

I’ve gotten several calls lately from clients interested in building a real estate portfolio.  I think real estate is a great long-term investment, so I always get excited when folks ask me that question.  There are a couple of options to consider if you want to buy multiple properties as a part of your wealth-building strategy….

Top 10 Austin Neighborhoods with the Highest Rate of Appreciation

Independence Title was nice enough to help us out with a little project this month. We asked them to find the Austin neighborhood that experienced the highest rate of appreciation year over year in October. What we found was a little surprising and enlightening.  Here’s a what we learned:  78719:  appreciated 50.6%.  This is the area is…

Advice for people looking to upgrade their homes

Front of Allandale home

In the last 2 days I have gone on 2 very fun (for me) home visits. Not to list homes or sell them, but to counsel homeowners on what they should be doing to maximize their home’s resale value when considering potential home improvement projects. It occurred to me that many of you might not even know…

Tips on how to buy a good investment property in Austin

I’m a bit of a numbers nerd and I thought others might be interested in a discussion regarding investment property valuations. I’m sure there are other schools of thought, but here are two main ways I evaluate investment property. It’s similar to equities, you have stocks that you expect to go up in price (appreciation…