Duplexes

General Real Estate Investing
1

I have noticed that new duplexes in East Austin have an asking price of up to $106.00 per square foot.

Do Buyer’s actually exist and willing to pay such a high price?

I would be interested in buying a vacant lot in East Austin, building a duplex and selling it for $106.00 sf.

Just looking for some feed back, because I always believed that Investors only purchased properties with cash flow.

Thanks

2

If you’re close to IH35, people are paying some high prices, so yes. Most investors want 78702, 78722, and maybe 78723 depending on the area and how close the home is to the old airport development.