Bastrop County is one of the most innovative and entrepreneurial places in Texas when it comes to real estate investing. From Bastrop's "Old Town" area to the rural areas outside of town, there are a number of opportunities for investors to get involved in the local real estate market.
One opportunity that has been gaining popularity in recent years is "tiny home" investing. Tiny homes are small homes that are typically less than 400 square feet in size. They can be built on a traditional foundation or on a trailer chassis, making them highly mobile.
Tiny homes have become popular among a wide range of people, from young professionals who want an affordable starter home to retirees who want to downsize and simplify their lives. The tiny home movement has also been driven by a desire for more sustainable and environmentally friendly living.
There are a number of companies that build tiny homes in Bastrop County, and there is also a growing community of DIY builders. Investors who are interested in this opportunity can either buy finished homes or vacant land to build their own tiny homes on.
Another type of real estate investment that is popular in Bastrop County is Airbnb rentals. Due to the high demand for vacation rentals in the Austin area, many investors have started buying properties specifically for Airbnb rental purposes. These properties can be single-family homes, apartments, or even just rooms within a house that can be rented out separately.
Many investors choose Airbnb rentals because they offer higher returns than traditional long-term rentals. They also tend to be less hassle and more flexible, since guests typically only stay for a few days or weeks at a time.
Price Index: Austin-Round Rock-Georgetown, TX