Got two bids selected in Austin, scratching my head to pick a one. It will be my first home.

1. 453k, 2615 sqft, green belt backyard. Elementary & middle school walking distance, ISD is decent, property tax 2.29 hoa 27, not much developed but I see growth.
2. 515k, 2950 sqft, corner lot - little bigger than above, elementary school is by 1 mile - best ISD, property tax 2.59, hoa 147. Lot of commercial development in 3 miles in next 5 years.

Combined income 170k & 10% down payment.

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I would go with #1; an underdeveloped neighborhood will grow rapidly.

I invested in Houston in a developing neighborhood and now with over 40+ new constructions, this place is bustling. Also consider HOA fees, #2 is high and it never drops

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what part of houston ?

Get both and rent one out?

Is there a friend whi can pool in? Esp you won the bid, so more value,.

Where are you finding properties for such a low price/ sqft?

North Austin

Option 2

Are they so basic you don’t have a natural pull towards one? Idk when I walked into the house that would eventually become my first home I fell in love and just knew. If I had compared stats it would have not helped make the decision. I feel like buying a first home was like finding a husband. It took a lot of time and what I said I wanted on paper was not what I eventually fell in love with. I could only see being this logical about an investment property. I had no idea some people were so removed emotionally. Interesting!

Market is so brutal. There is no way I find my dream home within my budget. I can only be rational in this crazy market.

Is this actually in Austin or a suburb north. ?

North suburb

What district? Round rock? Leander? Liberty hill??

#1 Georgetown
#2 Leander

Haha what high school do these plug into? Georgetown and leander hs? I grew up in austin/round rock and wouldn't consider either district drastically better than the other

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