Tuesday, June 3, 2014

JUNE 2014 Property Investment Update - Dallas/Ft Worth/Austin Areas

Hello and thanks for visiting the DFW Investment Blog,

Below is the JUNE 2014 Property Update. If you need an AUTO ALERT set up to notify you immediately of properties hitting your parameters or if you need COMPS, please let me know so I can make sure you don’t miss anything. Parameters to included property type, area, price, etc.

Again, I am a State of Texas licensed Realtor that works with buyers to locate property. My focus throughout the Dallas/Ft Worth Metroplex are duplexes, 4-plexes and small commercial multi-family property. This blog is updated bi-monthly (I also send out a bi-monthly email with the latest property update, let me know if you would like to be added to that list).

I am always happy to customize a search specific to your needs. I know some people want full investment properties while others are looking to Owner Occupy one unit as a primary residence and rent the other unit for extra income (so the other tenant is paying the mortgage for you) – because of this parameters vary from deal to deal.

Below is the JUNE 2014 list of properties of interest. As always, if you see something of interest or have questions, please let me know and will get answers/comps.


SHORT LIST OF DUPLEXES PRICED UP TO $160K

FULL LIST OF DUPLEXES PRICED UP TO $160K

SHORT LIST OF DUPLEXES PRICED OVER $160K

FULL LIST OF DUPLEXES PRICED OVER $160K

SHORT LIST OF TRI/QUAD PLEXES

FULL LIST OF TRI/QUAD PLEXES

FULL LIST OF COMMERCIAL MULTI-FAMILY


OTHER PROPERTIES FOR SALE – Updated JUNE 1st

1. TCU rental homes – Brand New - $425K-$530K – rent ratio of 1 to 1 – They will Cash Flow
2. 36 duplexes in North Dallas - $7.5M package price
3. 18 townhomes in Denton – Brand New – Leased - $2.7M
4. Sanger – 11 units – clean - $500K. Cash Flow
5. 22 units in Oak Lawn area - $2.19 – 7% Cap – Stable and Growing area
6. 50 townhome units – NW Austin - $6.5M – Very stable area. Solid long term.
7. 72 units Class C in Granbury - $3.3M
8. 78 units in Mid Cities - $2.335M – 7.5% Cap
9. SMU Housing opportunity – 6 units - $1.5M
10. 12 units in Central Austin – Great Location - $1.98M – 7% Cap
11. 35 townhome units in Denton - $2.5M – 7% Cap






SINGLE FAMILY INVESTMENT PROPERTY – 2014

I tried to keep an up to date list of SEVERAL areas I like for SINGLE FAMILY INVESTMENT but just too much to keep track and post. On single family homes I look for good areas/ISD’s with homes below market value and then cross check rental data to make sure they will also cash flow. These will be regular sales, short sales and foreclosures. Shape of the home to be determined on visit. This is becoming a popular segment for appreciation and cash flow. What I currently do is have the investor send me the parameters they want (price, location, size, etc) and then set up specific searches to pull new listings so we don’t miss anything. The ones priced below market will move fast.



*****LIST ON MLS/REALTOR.COM FOR FLAT FEE OF $125 – FOR SALE OR FOR RENT PROPERTIES……


I offer a Flat Fee MLS/Realtro.com service to list your investment property or unit for rent on MLS. First listing is a flat $125 and each listing after is $99. The flat fee gets the property on MLS/Realtor.com and all the sites that pull feeds from those sources. Great exposure for your property. The flat fee is only for listing the property. Showings, negotiations, contract issues, etc are handled direct with you and the buyer. If you would like information on this program, please call or email.