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Georgetown Real Estate Investment

Georgetown real estate investment is a sector that has been booming in recent years. It is one of the most lucrative sectors to invest in as it offers excellent returns on investment.

 

 

Image Representing properties for sale in Georgetown

Real Estate Investing Performance In Georgetown

What is the average financial return for Georgetown real estate investment? Any real estate investor would want to know this to determine if it’s worth getting into the real estate business.

As mentioned earlier, Georgetown real estate business is currently booming. Therefore, do not worry because you will get a return on your investments as long as you apply good investment strategies. Here is a table showing everything from average purchase price to average cash on return:



Avg Purchase Price Avg Cap Rate Avg Cash on Cash Return Avg Cash Needed to close
Commercial 5+ units LTR n/a n/a n/a n/a
Short Term Rental (SFH) n/a n/a n/a n/a
STR (2-4 Units) n/a n/a n/a n/a
Long Term Rental (2-4 Units) n/a n/a n/a n/a
Long Term Rental (SFH) 250k - 325k 2% - 4% 2% - 4% $62,500
Househack (2-4 Units) n/a n/a n/a n/a
Househack (SFH) 275k - 350k n/a n/a $16,325
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Investment Tips for Georgetown Real Estate

Over the years, house prices in Georgetown have increased exponentially, and everything else is growing rapidly. This makes Georgetown real estate one of the most profitable investments for serious investors.

Also, the highway connecting to Georgetown is built well, offering easier access to all areas around Washington, D.C. Apart from that, Samsung’s New 17 Billion Dollar manufacturing facility and Elon Musk’s newest Gigafactory are developed right alongside 130. All these factors offer a great investment opportunity to investors who want to tap into Georgetown real estate.

 

Main Activities, Attractions, and Employers Around Georgetown.

Georgetown is one of those cities you cannot help but fall in love with. It’s a beautiful place, with the beach just across the road and a waterfront right along it. There are also plenty of great restaurants and bars to choose from. Here are other great attractions and activities in Georgetown that will make you want to get into Georgetown real estate investment:

Swimming and Boating

A girl kayaking in Georgetown

Georgetown is a beautiful destination for swimming, boating, and fishing. The clear water of the Potomac River is inviting, and the Chesapeake Bay provides abundant wildlife and opportunities for sailing and kayaking.

There are also several public pools in and around Georgetown that are open year-round. The largest is the public pool at Roosevelt Park, which has diving boards and even water slides for kids. If you are a creative investor, you can take advantage of such activities in Georgetown and make an extra buck.

The Arulmigu Sri Mahamariamman Temple

The Arulmigu Sri Mahamariamman Temple in Georgetown is a Hindu temple located in the historic city of Penang, Malaysia. The temple is built in an Indian style and has an annual festival that attracts thousands of devotees and tourists. Other famous temples in Georgetown that attract thousands of visitors each year include Kek Lok Si Temple, Dhammikarama Burmese Temple, Mahindarama Buddhist Temple (Theravada), and Leong San Tong Khoo Kongsi.

Georgetown University

Georgetown University is one of Washington, D.C.’s most prestigious universities. The school offers bachelor’s and master’s degrees to students from all over the world. The university is located in Washington, D.C., just across the Potomac River from Virginia, so it’s an easy commute for many students who live in Maryland, Virginia, and West Virginia.

The university has a strong international focus because everything delivered to the students is high-quality, and the faculties fully engage in its students’ progress. Other high-quality schools in Georgetown are; Southwestern University, Senior University Georgetown, South University, Austin, etc.

Airborn Inc

Airborn Inc is a manufacturing and engineering company located in Georgetown, TX, United States. The company has more than 600 employees, and it is one of the main reasons why many people love to purchase houses and rent in Georgetown. With such an opportunity, you can take advantage of Georgetown’s real estate investment and expand your portfolio within a few years.

St David’s Hospital Georgetown

St David’s Hospital Georgetown is a hospital and medical Centre in Georgetown with more than 500 employees. The hospital was established in 1947 with the aim of providing health care services to the people around Washington, D.C. St David’s Hospital is yet another thing that makes Georgetown an excellent place for real estate investors.

Proximity to Austin, Dallas, and San Antonio

Many people enjoy staying in areas where they can move to other cities quickly and easily. Georgetown offers just that. You can freely and quickly move to 3 large cities, which are Austin, Dallas, and San Antonio, through the 130 at any time you want to.

This is one of the biggest attractions for people who want to relocate to Georgetown. It is also a fantastic opportunity for investors who want to tap into different sectors in Georgetown.

Success stories investing in this area

“Used Victor in finding and purchasing my first investment property. Victor and his team were knowledgeable in providing help along the way especially toward the end while getting everything squared away.”

Investor

Logan Hicks

Strategy

Long Term Rental

Victor was an awesome realtor! We were first time investors in Texas and he was very responsive, experienced, and pleasant. Every question we had he answered promptly and from start to finish Victor guided us thorough the whole process and made the buying transaction as smooth as possible for us! You will not be disappointed by working with Victor Steffen, thank you Victor!

Investor

Janeth Quintero

Strategy

Long Term Rental

The Best Investment Strategies in Georgetown

Many investors who want to get into real estate do not know the best investment strategies that will allow them to recover in the shortest time possible. This usually depends on the area you plan to purchase a property. When it comes to Georgetown real estate, we only recommend two investment strategies: single-family BEAF (Breakeven Appreciation Focused) and rent-by-room.

Rent by room investment strategy is best if you can find a five-plus-bedroom house for a price of $400k and below. However, you do not have to do this if you cannot find a house at that price. Simply purchase a high-quality property in a good area and ensure it has 0% cash on cash return for a year. Optimize your purchased property, wait for its value to increase, and rent it.

Is Georgetown a Good Real Estate Investment?

Georgetown is considered a good place to invest in rental properties for several reasons:

Strong job market: Georgetown has a strong and diversified economy, with a growing number of businesses and job opportunities. This has created a growing demand for rental housing as more people move to the area for work.

Georgetown Independent School District: Georgetown Independent School District is the largest employer in Georgetown and employs a significant number of teachers, administrators, and support staff.

St. David’s Georgetown Hospital: St. David’s Georgetown Hospital is a major healthcare provider in Georgetown and employs a significant number of healthcare professionals, including doctors, nurses, and support staff.

City of Georgetown: The City of Georgetown is another major employer in Georgetown and employs a variety of workers, including police officers, firefighters, and administrative staff.

Southwestern University: Southwestern University is a private liberal arts university in Georgetown that employs a significant number of faculty and staff.

H-E-B: H-E-B is a Texas-based grocery store chain that operates a store in Georgetown and employs a variety of workers, including cashiers, stockers, and managers.

High quality of life: Georgetown is known for its high quality of life, with a variety of recreational and cultural attractions, excellent schools, and a low crime rate. This has made it a popular destination for families and retirees, and has increased demand for rental housing.

Affordable housing: Georgetown offers a wide range of housing options, including affordable single-family homes and apartments, making it an attractive option for people of all income levels. This can increase demand for rental housing and make it easier for investors to find tenants.

Convenient location: Georgetown is located in the Austin metropolitan area, providing easy access to major highways and a variety of job opportunities, cultural attractions, and amenities in the surrounding cities. This has made it a popular destination for people seeking a convenient and affordable place to live.

Growing population: Georgetown has seen significant population growth in recent years, as more people have moved to the area for work or to enjoy its high quality of life. This has increased demand for rental housing and has made it easier for investors to find tenants for their properties. Georgetown, Texas has experienced significant population growth over the last 10 years. According to data from the U.S. Census Bureau, the population of Georgetown increased from 47,400 in 2010 to 71,788 in 2020, representing a growth of over 50% during that time period.

This population growth has been driven by a number of factors, including the city’s strong and diversified economy, high quality of life, and affordable housing. Additionally, Georgetown’s convenient location in the Austin metropolitan area has made it an attractive option for people seeking a convenient and affordable place to live, and has helped to drive population growth in the city.

It’s important to note that population growth can have both positive and negative impacts on a community, and it’s important for cities to carefully manage growth to ensure that it is sustainable and meets the needs of residents. However, overall, the significant population growth in Georgetown over the last 10 years is a positive indicator of the city’s strength and appeal as a place to live and work.

Is it a Good Time to Invest in Georgetown?

Now is a good time to buy rental properties in Georgetown for several reasons:

Low interest rates: Currently, interest rates are at historic lows, making it an attractive time to finance a real estate purchase. This can increase affordability and make it easier for investors to buy rental properties in Georgetown.

Strong housing market: The housing market in Georgetown, as well as in the Austin metropolitan area as a whole, has been strong and is expected to continue to grow in the coming years. This can lead to increased demand for rental properties, which can in turn increase rental income for investors. Median home prices in Georgetown, Texas have been rising over the last 10 years, reflecting the growing demand for housing in the city. According to data from Zillow, the median home value in Georgetown was $239,000 in February 2021, which is up from $197,000 in February 2011, representing an increase of over 20% during that time period.

It’s important to note that median home prices can be affected by a variety of factors, including changes in the local housing market, economic conditions, and government policies. Additionally, median home prices can vary widely depending on the location, type, and size of the homes being considered.

Despite these factors, the rising median home prices in Georgetown over the last 10 years are a positive indicator of the growing demand for housing in the city, and suggest that investing in real estate in Georgetown may be a good option for those looking to build wealth over the long term. However, as with any investment, it’s important to thoroughly research the local housing market and carefully consider your own financial goals and risk tolerance before making a decision.

Growing population: Georgetown has seen significant population growth in recent years, and this trend is expected to continue in the coming years. This can increase demand for rental housing, making it easier for investors to find tenants for their properties.

High quality of life: Georgetown is known for its high quality of life, with a variety of recreational and cultural attractions, excellent schools, and a low crime rate. This has made it a popular destination for families and retirees, and has increased demand for rental housing.

Convenient location: Georgetown is located in the Austin metropolitan area, providing easy access to major highways and a variety of job opportunities, cultural attractions, and amenities in the surrounding cities. This has made it a popular destination for people seeking a convenient and affordable place to live, and has increased demand for rental housing.

Best Neighbourhoods to Invest in Carrollton

Georgetown, Texas has a variety of communities, each with its own unique features and attractions. Here are the most popular communities in Georgetown:

Sun City

Sun City is a 55+ age-restricted community that is known for its golf courses, recreational amenities, and active adult lifestyle. This community is popular among retirees and empty-nesters looking for a low-maintenance lifestyle.

Berry Creek

Berry Creek is a well-established community that is known for its spacious homes, mature trees, and proximity to parks and golf courses. This community is popular among families and is considered one of the most desirable neighborhoods in Georgetown.

Rancho Sienna

Rancho Sienna is a newer community located in the southern part of Georgetown that is known for its affordable homes, convenient location, and easy access to major highways.

Fountainwood

Fountainwood is a well-established community that is known for its affordable homes and convenient location.

Financing Information for Georgetown Real Estate Investors

If you’re looking for financing, you’ll be glad to learn that JJVM can finance owner-occupied loans for single-family or house hackers’ investments. Such a loan will attract a 20% down payment.

Positive Cashflow in Appreciating Markets

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Positive Cashflow in Appreciating Markets

Ready to invest in central Georgetown real estate?

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