Texas Property Insider- Austin Real Estate and Texas Coastal Real Estate Blog

Welcome to Texas Property Insider. The purpose of this blog is to provide accurate and helpful information about market trends and issues important to property owners in Central Texas and on the Texas Coast. You hear a lot of talk out there. You see the statistics, read the stories in the newspaper and you see practitioners regurgitate those same stories and statistics. There is more information available then ever before. But why is it, even after all of the stories and pundits have had their say, you still feel you can’t grasp what’s really happening in the real estate market?


There is a lot more to it than simple statistics and market info. These numbers are helpful and vitally important, but if taken at face value they can be misleading, even deceiving. As Mark Twain once said, “There are lies, damned lies and then there are statistics.” I created this blog to pull back the curtain on Texas real estate, interpret the market information and present it to you in a format that is both pithy and easy to digest.

Monday, January 11, 2010

The Preliminary 2009 Village Walk Rental Numbers are Out!


The Village Walk Port Aransas has just released the preliminary 2009 average rental numbers. Village Walk rental units performed very well this year. The community provides a rare cash-flow opportunity on the Texas coast. Here is an overview...

+Two-Story 3BR models would have gross rental revenue in the $25k range. Starting in the $240’s.

+Two-Story 4BR models would have gross rental revenue in the $33k - $36k range. Starting in the $280’s.

+Three-Story 4BR model would have gross rental revenue in the $45k range. Starting in the $390’s.

NOTE: These are based on Y-T-D 2009 performance. Most of the property management companies take 21% - 25% off the top line number for their services.

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1 comment:

  1. 0-0January 16, 2010 at 2:22 PM

    For more information on Village Walk:
    http://www.gotexascoast.com/Village_Walk/page_2182357.html

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