|
|
Invest in Steiner Ranch
Steiner Ranch offers fantastic single family residence investment opportunities. Steiner Ranch investors can expect A-credit tenants, low vacancy rates, and an advantageous Gross Rent Multiplier. Typically, investors should expect to put 25-30% down in order to cash flow a property in Steiner Ranch.
Steiner Ranch has seen strong growth since 2004, with no signs of slowing. The recent mortgage crunch created a slight slow-down of appreciation, but Steiner properties have not seen any decline in price. Steiner is located in a fantastic setting, close to major employers, and is widely recognized as a premier neighborhood, in an acclaimed school district. The property really has nowhere to go but up. Take a look at the statistics below, and please contact us for more information. |
|
Steiner Ranch Real Estate Sales Statistics |
| Year |
2005 |
2006 |
2007 |
| Sold Homes |
323 |
306 |
303 |
| Price Sold High |
$890,000 |
$1,122,500 |
$1,558,992 |
| Price Sold Low |
$195,000 |
$200,850 |
$225,900 |
| ADOM |
70 |
79 |
73 |
| Avg. Asking Price |
$364,878 |
$399,304 |
$448,229 |
| Avg. Sold Price |
$354,728 |
$388,494 |
$435,643 |
| Avg. Sq. Ft |
3075 sq. ft. |
3098 sq. ft. |
3175 sq. ft. |
| Avg. Price/SF |
$115.35/s.f. |
$122.55/s.f. |
$134.92/s.f. |
Information obtained from the Austin MLS. Believed to be accurate, but not guaranteed. |
|
|