Real Estate Investing Performance In Seguin
Anybody getting into real estate is always curious to know the financial returns to be expected. Here is a table showing you the average returns you might get after investing in Seguin real estate properties:
|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)||425000||3% - 5%||2% - 5%||115000|
|Long Term Rental (SFH)||250k - 275k||5% - 6%||4% - 8%||$62,500|
|Househack (2-4 Units)||150k - 175k per door||n/a||n/a||$12,500 per door|
|Househack (SFH)||275k - 325k||n/a||n/a||$17,000|
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Best Real Estate Investment Tips in Seguin
You can also get into real estate as long as you have enough capital. However, there are a few things to consider before getting into the business. First, think of the area to invest in. Seguin, TX, is a potential area for real estate investors. Anybody who taps into the developments around the area is sure to make a profit.
Seguin is filled with new multi-family construction, especially around the intersection of Route 90 and 123. Other construction projects happening are at the North of Rt 90 and South of I10. You will also find undeveloped grounds around the area, including value-add single-family houses along the Guadalupe river.
Investors planning to invest in properties near the river should check out the properties on the streets of the Guadalupe between Sam Flores Dr and Stockdale Highway. The South and North sides of the river have some cool properties, except that there are new constructions on the Southern side. The best part is that the communities are quiet and peaceful, making them an ideal place for people to settle.
Also, check the activities happening around the communities. This will help you know whether the area has growth potential and if prices of houses will appreciate.
Main Activities, Attractions, and Employers in Seguin, TX.
Seguin is considered a bedroom community because it receives millions of visitors each year. There are many employers in the area, making the place a hotbed for people looking for employment. This provides an excellent opportunity for those looking to get into Seguin real estate, as these people will want a place to rent. Here are some of the best employers, attractions, and activities that make Seguin an excellent place for real estate investors:
Local School District Hospital
The local school district hospital in Seguin, Texas, is located on the campus of Seguin High School. The hospital offers medical services to the students as well as residents of Seguin and other nearby communities.
The hospital has also employed a lot of doctors and nurses who live around the community. The local school district hospital is a great employer that allows real estate investors to feel confident investing in nearby areas. People always want quality healthcare services and won’t hesitate to rent and purchase property around the district hospital.
CMC Steel Manufacturing
CMC Steel Manufacturing is a Seguin, Texas-based manufacturer of stainless and carbon steel products. The company has been in business for a long time, and it is the reason why many people are moving to Seguin, Texas. This is because of employment opportunities. The company has employed 900 people and is looking forward to growing to employ more people.
With this alone, any serious investor should see why Seguin is a great place to invest in real estate. The higher the population, the easier it is to sell and rent a property.
Major Metros and Sub Markets
As much as there are many properties to rent in Seguin, you won’t be surprised to find people commuting. The good news is that the place is easily accessible. Anyone can move in and out of Seguin via 3 major metros and sub-markets, including San Marcos, Austin, Houston, New Braunfels, Katy, and San Antonio. Real estate investors should take advantage of this because it makes investing in Seguin and surrounding areas easier for them.
The Municipality is Yet to Bring a Flagship Employer
Many communities in Texas focus on large fortune 500 companies, and so is Seguin municipality. Fortune 500 companies refer to the largest or top companies in the United States. For example, in Lockhart, Texas, there is Micron Technology, a multibillion-dollar industry that focuses on producing computer memory and data storage solutions.
It is only a matter of time before Seguin sees a major employer. The real estate cost in the area is low, and the place offers expansive development potential. If you are a real estate investor, this is the best time to buy properties because the prices of houses will rise in the future after such developments occur.
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.”
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!
Long Term Rental
The Best Investing Strategies in Seguin, TX.
As a real estate investor, it is crucial to research real estate investment strategies to put your money in the right places. In Seguin, Texas, we recommend you invest in the following:
Multi-family Inventory; Many constructions have been happening in Seguin in the past few years, and most of the buildings are duplexes with modern finishes. Investors know this is an asset Seguin needs, as most families will need to use them as a long-term housing solution. Therefore, you should not hesitate to purchase houses with floor plans of 4 by 4, 6 by 4, or 8 by 4.
The large floor plans may experience a low turnover, but you can buy and hold such properties and sell them in the future. Remember, Seguin is easily accessible from central Texas and is a quiet community, making it suitable for families.
Most buildings have also been recently constructed, meaning your maintenance expense will be very low if you buy and hold the property until it appreciates. With these investment strategies, you can never go wrong investing in Seguin real estate properties.
Is Seguin a Good Real Estate Investment?
Seguin is a good location to consider for your next real estate investment because it’s a growing city with a population of around 30,000 residents. The city is home to several small to medium-sized businesses and employers, with the largest employers being in the healthcare, education, and manufacturing sectors. Some of the largest employers in Seguin include:
Guadalupe Regional Medical Center – This is a regional healthcare provider that employs around 500 people. It was established in 1975 and provides a range of medical services, including inpatient and outpatient care, emergency services, and diagnostic testing.
Seguin Independent School District – This school district employs around 800 people and serves the education needs of the children in Seguin and surrounding areas. It was established in 1867 and has a long history of providing quality education to the local community.
Alamo Group – This is a manufacturer of outdoor power equipment, including mowers, tractors, and other equipment. Alamo Group employs around 500 people in Seguin and was founded in 1969.
Texas Lutheran University – This is a private liberal arts university that employs around 200 people. It was established in 1891 and offers undergraduate and graduate programs in a range of fields.
Solvay Specialty Polymers – This company is a manufacturer of specialty polymers, including materials used in the aerospace and automotive industries. Solvay Specialty Polymers employs around 200 people in Seguin and was established in 1948.
Is it a Good Time to Invest in Seguin?
It’s a good time to invest in Seguin because according to the US Census Bureau, the population of Seguin was estimated to be 38,288 in 2019, which is an increase from the estimated population of 26,272 in 2010. This represents a growth rate of approximately 45% over the last decade. The city’s population has grown steadily over the years, attracting new residents and businesses to the area. This growth has contributed to the city’s strong and diverse economy, which is based on a mix of agriculture, manufacturing, retail, and other sectors. The housing market in Seguin, Texas, has been growing and changing over the years, with a variety of homes available to meet the needs of residents and potential home buyers. There is a mix of older homes and new constructions, with options ranging from single-family homes to apartments and townhouses. Home prices in Seguin tend to be lower compared to nearby cities like Austin and San Antonio, making it a more affordable option for those looking to buy a home. The median home value in Seguin is around $200,000, which is lower than the state average. This, combined with its proximity to larger cities and its growing economy, makes Seguin an attractive option for home buyers and real estate investors.
Best Neighbourhoods to Invest in Seguin
The three best communities in Seguin for investors to consider are Starcke Park, Country Acres, and Park Place. These communities are also known for their great schools, convenient shopping, and easy access to local amenities, making them highly desirable for families and individuals looking for a great place to call home. Starcke Park is one of our favorite targets for investors in Seguin because:
Location: Starcke Park is conveniently located in the heart of Seguin, making it easy for residents to access local amenities and services.
Natural Beauty: Starcke Park is situated along the banks of the Guadalupe River and is surrounded by mature trees and lush vegetation, making it an attractive and peaceful place to live.
Family-friendly: The community is known for its strong sense of community and family-friendly atmosphere, making it a popular choice for families with children.
Amenities: Starcke Park offers a range of recreational amenities, including a swimming pool, playground, and picnic areas, that are popular with residents.
Affordability: Compared to other communities in Seguin, Starcke Park is considered to be more affordable, making it a popular choice for those looking for good value for their money.
Financing Information for Seguin 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.