Far Southeast / Del Valle pockets

Lower-priced outer pockets with paper appeal as the metro expands, but well outside the established demand core.

Long break-even horizons, new-supply competition, variable condition, and a metro-wide cap-rate average near 3% mean advertised returns rarely materialize for a remote owner. Taxes and insurance compound the carry.

Investors who understand that the highest advertised yields often come with the highest execution risk.