Far Northwest Austin · Investment Property
Investment Property in Far Northwest Austin
Rentals judged on the numbers, the neighborhood and the condition of the house, not on the listing photos.
Investment Property in Far Northwest Austin: what's different here
A rental in Far Northwest Austin is a business decision that happens to come with a kitchen. Newer homes out here mean fewer age-related repairs, but HOA rules and many similar rentals on the market shape the numbers.
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 Far Northwest Austin
Why Far Northwest Austin buyers work with me
I've lived in Northwest Austin since 1976, and much of my recent business has been along the Parmer and 183 corridors as buyers follow the jobs north. 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. Far Northwest Austin offers newer, larger homes with HOA amenities, schools split between Round Rock ISD and Leander ISD, and a longer drive to central Austin.
How I handle it in Far Northwest Austin
- 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 Far Northwest Austin
For the full picture of the neighborhood, see living in Far Northwest Austin. Questions about investment property here? Call me at (512) 698-3525.
Frequently Asked Questions
Can I rent out a home in Far Northwest Austin?
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.
Far Northwest Austin
What investment property looks like in Far Northwest Austin
Newer master-planned communities out toward 620 and Parmer, from Canyon Creek's preserve setting to the many sections of Avery Ranch.
- The homes
- Master-planned communities built mostly from the mid-1990s on: Canyon Creek in 78726 and the many sections of Avery Ranch in 78717, by production and semi-custom builders.
- Schools people ask about
- Split between Round Rock ISD and Leander ISD, with the line running through both Canyon Creek and Avery Ranch. A new high school is planned on Pearson Ranch Road. Check each address.
- Getting around
- Parmer Lane, 620 and 183, close to the Apple Parmer campus. Central Austin is a longer drive than from the neighborhoods closer in.
- Nearby
- HOA pools, courts, playgrounds and trails, the Canyon Creek nature trail, Avery Ranch's golf club, and preserve land along the western edge.
- The trade-off
- Newer, larger homes and HOA amenities, in exchange for a longer commute to central Austin, tighter HOA rules and many similar homes on the market at once.
The method
How we do it in Far Northwest Austin
Investment Property: keep exploring
Ready to make your move with James Brinkman?