Anderson Mill · Investment Property
Investment Property in Anderson Mill
Rentals judged on the numbers, the neighborhood and the condition of the house, not on the listing photos.
Investment Property in Anderson Mill: what's different here
A rental in Anderson Mill is a business decision that happens to come with a kitchen. Anderson Mill's district tax pays for its pools and parks, so it belongs in the numbers along with the age of the systems.
Texas has no state income tax, but property taxes are high, so the tax bill and insurance often decide whether a rental works.
Talk about Anderson Mill
Why Anderson Mill buyers work with me
I grew up in Northwest Austin, have lived here since 1976 and have lived on the Mountain in the Spicewood Estates area since 2004. My wife, Heather, and I own short-term rentals ourselves, in Spokane and Punta de Mita, so I look at a property the way an owner does. Anderson Mill is a more affordable way into the Westwood pathway, with its own pools, parks and trails through the Anderson Mill Limited District.
How I handle it in Anderson Mill
- The numbers before the showing: rent against taxes, insurance, HOA dues and likely repairs.
- The rules: HOA leasing limits and short-term rental rules, checked before you commit.
- Condition: roofs, AC, water heaters and plumbing, judged by the home's era.
- 1031 timing: 45 days to identify and 180 days to close, planned with your exchange company and CPA. More on investing.
More about Anderson Mill
For the full picture of the neighborhood, see living in Anderson Mill. Questions about investment property here? Call me at (512) 698-3525.
Frequently Asked Questions
Can I rent out a home in Anderson Mill?
Often, but some HOAs limit leasing and short-term rentals have their own rules. We check before you make an offer.
What are the 1031 exchange deadlines?
Federal rules give you 45 days to identify a replacement property and 180 days to close.
Anderson Mill
What investment property looks like in Anderson Mill
One of Austin's oldest master-planned communities, between 183, 620 and Anderson Mill Road, with its own pools, parks and trails.
- The homes
- One of Austin's oldest master-planned communities, built mostly in the late 1970s and 1980s: about 3,500 homes straddling 78729 and 78750. Denser streets and more affordable prices than the hillside neighborhoods; the lower end of its range is comparable to Barrington Oaks.
- Schools people ask about
- Round Rock ISD. The side closer to 183 feeds Anderson Mill Elementary and the side closer to 620 feeds Purple Sage Elementary; all of it then feeds Grisham Middle School and Westwood High School. A separate neighborhood across 183 that also uses the Anderson Mill name feeds McNeil High School, so make sure a listing is in the Anderson Mill you mean.
- Getting around
- Bordered by 183, 620 and Anderson Mill Road.
- Nearby
- The Anderson Mill Limited District, the neighborhood's own taxing district, runs the Anderson Mill pool and the El Salido pool, tennis courts, parks and trails.
- The trade-off
- The only one of the Northwest Austin neighborhoods here with its own dedicated pools, parks and trails; the others rely on private clubs or City of Austin facilities. Older homes and no preserve backdrop.
The method
How we do it in Anderson Mill
Investment Property: keep exploring
Ready to make your move with James Brinkman?