The state capital of Texas and the self-proclaimed Live Music Capital of the World, Austin is a haven for renters and property owners, as it is filled with oft-visited attractions, Fortune 500 companies and much more which appeals to residents and property investors.
The city is home to the main campus of the University of Texas, the Austin City Limits Music Festival, South by Southwest and a multitude of other interesting cultural events. The "Keep Austin Weird" movement pushes for residents to continue Austin's progression as an eccentric city, as well as promote the development of small businesses citywide.
Though Austin may lack a professional sports team, it's numerous college-area and amateur teams are ones area residents take immense pride in. If locals aren't busy cheering for the home team, there likely checking out the city's substantial number of museums, theaters, parks and other one-of-a-kind attractions.
Property Management in Austin
After taking your time to find the appropriate property to purchase in Austin, your next move should be to investigate which property management firm to entrust your residence to.
Austin's experienced property managers know how to find and screen tenants, maintain properties, and deal with emergencies.
Austin Rental Market at a Glance
Average One-Bedroom, One-Bathroom Apartment Rent, June 2011: $772
Average One-Bedroom, One-Bathroom Apartment Rent, June 2010: $636
Average Two-Bedroom, Two-Bathroom Apartment Rent, June 2011: $1,043
Average Two-Bedroom, Two-Bathroom Apartment Rent, June 2010: $861
Occupancy Rate, June 2011: 96 percent
Occupancy Rate, June 2010: 95 percent
Statistics courtesy of Capitol Market Research.
Finding Austin Property Management Companies
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