Central Texas Investment Guide
Why Central Texas?
Back in the Saddle (2004 to Present)
We began to see the market regain its previous pace in around October of 2004, when we started to see a large increase in capital moving from the West Coast (where the previous years had spiked everyone’s property value) to markets that would provide a better return. For whatever cultural or grapevine-chatter benefit Austin held in the minds of progressive and engaged property investors in California, Austin became one of the few “must go to” markets for folks to purchase in, and we again started to see a strong wave of appreciation.
But it wasn’t just those “whacky Californians” who drove our market – we’ve added jobs – lots of jobs. And most of them pay well.
The numbers from 2004 to present speak volumes:
- Duplex equity appreciation ranging from 8% to 35% annually, depending on sub-market, with duplexes in the outerlying suburban areas and in lower income areas appreciating less than very well-located campus, South Austin, and Technology Corridor areas with many jobs already being created
- Single family home appreciation averaging 10% across the board, again with some areas pushing 25% or greater in appreciation
Next Page: Why? Jobs and Relocation!
Table of contents
Why Central Texas?
- A Brief History Lesson (up to 2000)
- A Temporary “Bug” in the Software (2001 to 2003)
- Back in the Saddle (2004 to Present)
- Why? Jobs and Relocation!
- “Keep Austin Weird” – Seriously
- Austin is Pro-Business – Pay Your Rent or “Hit the Road!”
- There’s No Bubble Here (aka “Have I already missed the boom?”)
- Supply and Demand – “Save Our Springs” & The University of Texas at Austin Effect
- Austin Moving from 3rd to 2nd “Tier” Status
Castle Hill Investments’ “Turnkey” Partner Team
- Investors Need More than Just a Buyer’s Agent
- Lending
- Property Management
- Leasing
- Insurance
- Title and Escrow
- We’re Here for you Today, Tomorrow, and 5 Years from Now
Why Should I Work With Castle Hill Investments?
Property Types – What Should I Buy?
- Equity Appreciation vs. Cash Flow
- The Duplex – the Perfect Central Texas Investment?
- Different Geographic Regions
- "But I Want a NEW Construction Property!"
A Closer Look At "The Numbers"
- Owning Investment Property Is More Expensive Than You Think
- How The Process Works – One Investor Couple´s Experience
- Show Me the Money – Numbers at Closing
- Show Me the Money – After Closing
- Other Expenses
After the Sale – an Owner’s Manual
- After the Sale – an Owner’s Manual
- The First "Make Ready" and Realities of Purchase
- Limiting Landlord Liability and Deeding to LLCs/LPs, etc
- Real Estate Capital Gains Taxes: A Primer
- Texas Property Taxes – "Huh?"
- 1031 Exchanges
- After the Sale – Checklist and Action Items
- Real Estate As a Component of a Well-Balanced Portfolio
- Cash Flow Calculator
- Three "Real World" Investor Stories
- Austin and Central Texas Neighborhoods
