Thoughts on investing in North Oaks/Walnut Ridge, Pflugerville?

Question

Any investors/realestate agents have comments on investing in the North Oaks/Walnut Ridge or Pflugerville area? I have driven by North Oaks/Walnut Ridge and they look in pretty rough shape, looks also like a rough neighborhood (a lot of parked cars outside the houses). There are some Duplexes that could potentially offer value but doing a BRRR on a duplex in that neighborhood is just asking for trouble. Any thoughts?

Also, Pflugerville has plans to have a new domain waaaay in the future. I am trying to see if i can househack/BRRR a SFR there but if not, I could just have it rented and I could continue to rent at an apartment complex. Any thoughts on the Pflugerville area rising much in value over the next years? I feel like some of the homes built there that look like HOA's will never rise in value.

Allison Stewart · Answer

Just a note - any duplex street will generally have a lot of cars parked outside on the street. There are some pretty nice duplex areas that have tons of cars. As long as the cars aren't all on blocks, then that's not really an indicator of neighborhood quality.

North Oaks/Walnut Ridge are "up and coming" areas. Our first duplex is in Gracywoods right down the street from North Oaks and the numbers on it are incredible. That area is rapidly developing.

Beau Fannon · Answer

You got to ask yourself, "Can I can I tell people with a straight face that I invest in Pflugerville?"  For anyone not familiar with Central Texas, they're going to think you're hocking a loogie.

Seriously though, there's not a bad neighborhood in the Austin MSA.