Houston, Katy or Sugarland Rental properties
Hey Houstonians,
My max budget is $200k but i am trying to keep it within $150K . I am looking to buy in the innerloop but I am not sure. I am currently looking in the 77021, and 77033, I would like 77054 (near Medical Center) but that is outside my budget. What I am hoping for is gentrification as the young professional start moving close to the cities. I am really focused on cash flow, I will gross around $1300 to $1500 on these homes in the inner city.
I currently have rentals in Katy (south of the 10) and 290/610 interchange. I can always buy a SFH is Sugarland and Katy, good school districts, good cash flow and I never had problems with tenants.
Anybody have any thoughts?
Link on what I am looking for in the city: Similar to this
https://www.redfin.com/TX/Houston/5951-South-Loop-...
Link on what I am looking for in the suburbs: Similar to thishttps://www.redfin.com/TX/Katy/22327-Smokey-Hill-Dr-77450/home/30355437