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Updated about 5 years ago on . Most recent reply

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16
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4
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Sarah Klein
  • Investor
  • Central Texas
4
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16
Posts

78745 vs 78742 for Investing

Sarah Klein
  • Investor
  • Central Texas
Posted

Which Austin zip would you rather pick up a rental investment in - 78745 or 78724? Which zip do you think will fare better for appreciation in the next 5-10 years?

Most Popular Reply

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60
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53
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Robert Eyers
  • Property Manager
  • Austin, TX
53
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60
Posts
Robert Eyers
  • Property Manager
  • Austin, TX
Replied

Property Manager with an office in 78745 here... I really believe in that Zip. Vacancies don't last (if you price right), and its a safe bet for appreciation. If you have some addresses you are looking at I can run a CMA for you.

78724 is seeing a lot of gentrification. There's a chance for sudden and steep appreciation, but nothing is a guarantee. If we see a correction, the new development could pause. Most likely, the answer is in between and both neighborhoods appreciate about the same.

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