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11 Cheap Places to Own A Profitable Vacation Home!

 

9) Austin, Texas

Home to Austin City Limits, the world-famous South by Southwest music festival, and the notorious 6th Street, Austin is known as the “Live Music Capital of the World.” It’s an excellent place to check out live concerts and performances by up-and-coming bands and musicians. Music scene aside, Austin has tourist attractions that people from all corners of the world visit, like the Barton Springs Pool, Zilker Park, and the State Capitol building. Because of all this, owning a vacation home here has the potential to be very profitable. The average home price in Austin is above the national average now, but that’s because the value of living in this city has sky-rocketed. While $300,000 seems like a lot to shell out, the returns to be made on the investment are high. Between all the cool stuff to do plus the influx of college students, renting your place should be a piece of cake!

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