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Updated over 8 years ago on . Most recent reply

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263
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David Ferrette
  • Developer
  • Austin, TX
109
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263
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New Braunfels Opinions

David Ferrette
  • Developer
  • Austin, TX
Posted

I am wrapping up a rehab in Avery Park off the 46 that I am turning into a rental.  Can other local investors chime in on areas of New Braunfels they like for rentals and areas they stay away from.

Most Popular Reply

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506
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311
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Robert Melcher
  • Residential Real Estate Broker
  • San Antonio, TX
311
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506
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Robert Melcher
  • Residential Real Estate Broker
  • San Antonio, TX
Replied

We manage a number of SFR including Avery park and south side of I35 all the way into Selma, and then mostly north of I410 as you continue west. These properties are "sweet spot" rentals in the $1200 and up range. Lower cash flow, but typically fewer problems/lower turnover. Also off the north side of I35 at Conrads, a few miles closer to you.

Any part of NB will work, it just depends on your targets and ability to handle the problems inherent with lower rents (quality of tenant, age of unit) or higher rents (longer vacancies, higher expectations).

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