Mediaboss Marketing

Austin, Texas, is getting eccentric, and new ways of profiting from its boom are opening up.

Since 2010, the greater Austin metropolitan area has nearly doubled its gross domestic product (GDP) and witnessed a huge population influx. With a 36% increase in residents, it is Americas fastest-growing metro area. These statistics underscore the tremendous momentum and attractiveness of the Austin region, making it a prime destination for opportunity and prosperity.

Tesla Inc. CEO Elon Musk has reportedly bought 6,000 acres of land just outside of Austin where he plans to build his own town and add thousands of jobs to the area, after opening Teslas Gigafactory in 2016. Samsung is also building a $17 billion semiconductor facility, further accelerating the areas growth.

The Texas capitals real estate prices are following suit, with home appreciation hitting 170% since 2010 double the national average. With the supply constraints in some parts and increasing demand from the high-earning populace, it looks like Austin homes are going to grow in value even if the broader real estate market takes a hit.

This is great news for those who invest in Austins Cityfund. Cityfunds are a way to go bullish on an urban areas real estate market without taking on the commitment or risk of owning a single unit. Nonaccredited and accredited investors can buy shares of area-specific funds made up of many single-family homes and profit from appreciation realized on sales and rental income.

Austins Cityfunds boasts a portfolio of 23 single-family homes that have appreciated in value by 14.4% as of Jan. 31. In line with the companys vision to increase access to real estate gains, the barrier of entry is set to the bare minimum. As little as $100 is enough to own a piece of Austins Cityfund.

Nada, the company behind Cityfunds, sidestepped one of the greatest drawbacks of real estate investing illiquidity. Generally speaking, hold periods of up to 10 years are common for similar securities. But you can sell Cityfunds shares within Nadas app and instantly pull out your funds and the profits.

"Austin is a fast-growing sector for entrepreneurs to move into, which means there will be lots of new development and potential to benefit from the Cityfund," said one reviewer after acquiring shares of Austins Cityfund. Click here to do the same.

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

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Elon Musk Is Bullish On Austin. Here's How To Invest In The City's ... - Benzinga