Brrr strategy east of Austin

[Joseph Weisenbloom]

I have been considering using a Brrr method on some SFHs east of Austin. This area seems to be up next for growth and development. Anyone have any experience in this area? Im looking at proprties in Bastrop, Elgin, Taylor, Manor, Del Valle etc. Any of these cities have any advantages or disadvantages?

[Bryan Hancock]

Bastrop - I like Bastrop, but it is pretty far east to be in the immediate path of growth.  This is a good city for rentals IMO.  People wishing to work in east Austin that can't afford high rents and wish to commute on the new toll road will probably live in Bastrop and will make nice tenants.  Bastrop is also a nice, conservative city with a large prison and some other employers that will have long-term employment.  This city is also growing a lot and has nice road infrastructure and new retail

Elgin - Is still a small town with good sausage.  I think it is too far east to get much appreciation lift, but probably shares a lot in common with Bastrop

Taylor - Is too far north to be in the path of progress for Austin IMO.  Taylor will be the next Hutto, but this will take a while

Manor - Manor built some new subdivisions years ago that caused many people to lose their homes in The Great Recession because of high MUD fees and such.  I think it is too far east to be in the immediate path of progress

Del Valle - This is where many of the old east Austin folks are moving and IMO it will be the new crime-ridden part of the city with low-priced housing

Of the ones you listed Bastrop is my favorite.  You should also look into Kyle and Buda south of Austin if your goal is to purchase rentals for long-term wealth.  I would be more inclined to buy there than in any of the other cities you listed.  There is much more development south of Austin than there is east.  This is because the utility infrastructure east of Austin is decades behind where it should be because of the city's policies for years and years.