Techies Will Soon Flood Austin Even Harder. Here's How To Invest In Its Real Estate Before That Happens

Austin, Texas, is becoming America’s newest tech hotbed, and it has real estate surges to show for it. 

Invest in Austin’s real estate market with as little as $100

Tesla CEO Elon Musk spearheaded the migration of large capital from California to Texas when he made Gigafactory Texas in Austin Tesla’s headquarters. Many others followed suit.

Samsung's $1.8 billion semiconductor factory is currently under construction and the 1.5 million square feet of office space that Google will own in the Texas Capitol city by the end of 2023 are bringing thousands of jobs to the city.

Amazon.com, TikTok and Austin’s own 20 unicorns, will contribute in their own right, providing more reasons for people to relocate to America’s so-called youngest big city. Already, 130 people do so every day.

Naturally, real estate prices are on the rise, despite global economic turmoil. Redfin reports a year-over-year increase in median home prices of 4.5% in October. Despite that, investing in Austin’s overall real estate market yielded a 15.5% return year-to-date.

Make sure you’re there when it happens again!

How To Get A Piece Of The Austin Real Estate Market With As Little As $100

Nada, a Dallas-based startup, recently launched a new way of investing in real estate called Cityfunds. It allows anyone to buy $10 shares in the entire Austin residential real estate market. Essentially, it’s a fund made up exclusively of cherry-picked Austin units.

This exchange-traded fund-like method has already made billions for wealthy investors able to shell out hefty minimal investments. Nada enables anyone with $100 to get their slice of the pie. That’s how much will be enough to add Austin real estate to your portfolio through Cityfunds — a far cry from the median home price, which stood at $535,000 in March.

While this price point may be unfeasible for many Americans, it’s well within the wheelhouse for a huge chunk of Austin’s residents. More than half report a household income greater than $75,000, with 24.3% earning more than $150,000 annually — a whopping 6.6% more than the national average.

These numbers could go even higher with the skilled workforce that will soon be calling Austin home. Thousands of Austin’s Cityfunds investors will be looking forward to that, as Nada will soon roll out stock trading — the key feature that will provide liquidity and possibly drive the price per share up.

Austin’s Cityfund stocks are currently priced at $10 per share. After they are left to the market forces, they might become much less affordable.

Click here to invest in Austin before the rollout!

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