Five Texas cities among top US college towns for residential real estate investors

Posted by George Alexander on Sunday, September 2nd, 2018 at 1:16pm.

Five Texas cities among top US college towns for residential real estate investors

"Homes.com, a real estate listing website, looked at nearly 150 college towns and cities across the U.S. using its own listing data to determine just what kind of return on investment landlords can expect. The study found ten college towns with yields higher than 10 percent (of purchase price). Yields measure future income, in this case, rental, and were calculated using data including the local average monthly rent for a three bedroom, average purchase price for a three bedroom and annual rent."

SWPRE: Want to guess the best Texas College Towns & Cities for college town investors? Austin, Bryan-College Station (Texas A&M), Dallas, Fort Worth, Houston, Lubbock (Texas Tech), San Antonio or Waco (Baylor)... sound right? Yes, but the rankings are

#1 McAllen
#2 Corpus Christi
#3 Killeen 
#4 Laredo
#5 El Paso

Texas Real Estate Center Post Link

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