Under $500K Investment Properties for Sale in Converse, TX
647- 4 Bed
- 3 Bath
- 2440 sft
97- 3 Bed
- 2 Bath
- 1588 sft
116- 3 Bed
- 2 Bath
- 2187 sft
494- 4 Bed
- 2 Bath
- 1386 sft
Why Invest in Converse, Texas?
Discover investment opportunities in Converse, TX under $500k, where median home prices hover around $240k-$260k, well below the threshold. Texas single-family rents remain stable at $2,200-$2,300 monthly, supporting solid cash flow potential. With state population growth of 1.2%-1.6% and home price appreciation projected at 1.5%, these affordable properties offer entry-level appeal for investors. Renter-occupied rates are strong amid Bexar County demand, complemented by cap rates around 6-7%. Proximity to San Antonio enhances long-term value in this growing suburb.
Frequently Asked Questions
Median prices range $240k-$260k, offering ample options under $500k. This affordability supports entry-level investments. Statewide trends project 1.5% appreciation to $350k median.
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