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47
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8
Votes
Jason Rowlett
  • Rental Property Investor
  • Austin, TX
8
Votes |
47
Posts

Land in Lago Vista

Jason Rowlett
  • Rental Property Investor
  • Austin, TX
Posted

Hi, I am a beginner investor wanting to get into rental properties. I have a condo in California that I currently rent out and I am now trying to build my portfolio.

I have been seeing these *inexpensive* lots of about 0.4 acres for around $4-5k apiece in the Lago Vista area. With Austin expanding so much demographically now, I am wondering if these parcels would be a good investment to flip to a developer. But many have been on the market for more than a year (I assume because of the recent recession). Perhaps these would be a good buy now?

Anyone familiar with the Lago Vista area on the north Lake Travis side? Does anyone know why these lots are still available? 

Thank you!

-Jason

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