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Tulsa Oklahoma Real Estate

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.

 

 

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