Investing in Hays County
Hays County covers 3 rental markets we actively finance in Texas — Kyle, San Marcos, Wimberley. Across those markets the median investment basis averages $410,000, a long-term lease averages $2,025/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $3,251. That produces a county-wide average DSCR ratio near 0.67x.
Basis varies more inside Hays County than the average suggests. Kyle is the lowest entry point at roughly $330,000, while San Marcos currently models the strongest coverage ratio in the county at 0.89x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.