Rent By The Room in Pflugerville
Heatherwilde
A Large 3000+ sqft home near several major tech campuses just north of Austin in Pflugerville purchased for under 450k. Each of the 5 bedrooms are occupied with one tenant paying extra for exclusive use of the home office space. Lease rates on these bedrooms range from $750-$950. The home did need around 15k worth of work upon closing to repaint, re-carpet and repair the HVAC. We’re excited about the long-term appreciation potential of this home. It has a very grandiose curb appeal and the neighborhood is well maintained. It cashflows positive after all expenses and we expect the economics to only improve with time as the rental income catches up to the area resale values.
