Monday, August 31, 2015

SEPTEMBER 2015 Investment Property List - Dallas/Ft Worth/Austin

Hello and thanks for visiting the DFW Investment Blog,

I hope you and your family had a great summer. Sept-November is a big purchase season for investors in Texas, add in the recent stock market volatility and real estate continues to be a sound place for investment capital. Below is the SEPTEMBER 2015 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.

Texas continues to outpace the rest of the United States in job growth and population growth. The DFW area alone will double in size in the next 25 years (current 6.7 million residents and trending toward 14 million by 2040). Great opportunity to take advantage of sound and growing economy and robust real estate sector.


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.

As always, if you see something of interest or have questions, please let me know and will get answers/comps. When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.

SEPTEMBER 2015 LIST

SHORT LIST OF DUPLEXES

FULL LIST OF DUPLEXES

SHORT LIST OF TRI/QUAD PLEXES

FULL LIST OF TRI/QUAD PLEXES

FULL LIST OF COMMERCIAL MULTI-FAMILY


OTHER PROPERTIES FOR SALE – Updated 8/31/15

1. 14 Townhome Units – 2014 Build – Arlington, TX $2.65M
2. 200 lots in Midland, TX – Zoned residential, possible re-zone to duplexes
3. 97 units in Denton – UNT – $5.9M
4. 24 units and land for additional 24 units – Little Elm - $2.5M
5. 22 Units – East Austin Development - $1.8M
6. North Austin/Georgetown 4 PLEX - $375,000
7. 8 Units – Ross/Greenville Ave in Dallas - $825,000 – 9% Cap
8. 9 Units in Denton/TWU Campus - $824,000
9. 34 units in NE Austin - $1.895M
10. 18 units in Georgetown (north of Austin) - $1.8M
11. 6 duplexes in Tyler (next to UT Tyler) - $1.6M
12. 44 Units CLASS A Austin location - $9.4M – Great Location – Hedge Play
13. Seven 4-plexes in North Richland Hills - $2.7M – Over Priced but good location and worth a look to see about working price down
14. San Antonio – New build 4-plexes - $440,000 – 9% Cap
15. 6 duplex package in Waco - $1.1M Newer build
16. 15 units – Waco, near Baylor – Newer build
17. 6 Duplex Package – North Central Dallas - $1.3M
18. 9 Duplex Package – West Ft Worth - $1.725M
19. 37 units in Lewisville – Class B area - $1.85M
20. 32 units – new build – Sanger,TX – 9 months out
21. 20 units in North Austin/Georgetown - $1.83M
22. Central Austin/MOPAC – 4 plex, build townmhomes, zoned MF - $1.125M
23. New Build Rental Homes – TCU Campus – 5 beds - $525k-$550k – rents in the $4800-$5200 month range.


NEW SINGLE FAMILY RENTAL LIST – 2015 UPDATE - (Popular option with lower 2-4 unit inventory) Single family rental continues to be a popular option with the growing DFW market. My parameters for finding single family rental property are communities with ($.80+ rental rates per sqft, Days on Market under 40 days, and a SOLD price per sqft lower than the average).

These properties are moving too quick to keep a running list. I’m running it for the good communities in ISDs that I like each day. If you have a specific area, let me know and will just add you to that list. In these better communities, homes are selling in 7 days if priced correctly (in the range we would want as Investors).




FLAT FEE MLS/REALTOR.com LISTING - $125 – GREAT WAY TO LIST FOR SALE AND FOR LEASE 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.


FULL SERVICE LISTING

In 2015, If you need more than the MLS Flat Fee service, I will be offering Full Service listing for only 1% on the listing side (still reserve 2-3% for buyer broker). Reduced commission but full representation of photos, signs, lockbox, negotiations, etc.

Please call/email for details.

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).

Saturday, August 1, 2015

AUGUST 2015 Cash Flow Property Update - Dallas/Ft Worth/Austin

Hello and thanks for visiting the DFW Investment Blog,


Below is the AUGUST 2015 list of properties of interest. The Dallas/Ft Worth and Texas market in general has been leading the way and will only continue to grow. If you have friends/family needing anything please keep me in mind. I will handle anything from residential single family to investment property of any size.


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.

As always, if you see something of interest or have questions, please let me know and will get answers/comps. When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.

AUGUST 2015 LIST

SHORT LIST OF DUPLEXES

FULL LIST OF DUPLEXES

SHORT LIST OF TRI/QUAD PLEXES

FULL LIST OF TRI/QUAD PLEXES

FULL LIST OF COMMERCIAL MULTI-FAMILY


OTHER PROPERTIES FOR SALE – Updated 7/31/15

1. TO BE BUILT duplexes – Burleson – Package of 10 duplexes (20 units) – 3bed/2bath each - $250K each. Market rents are $1200-$1300 per unit – Package
2. 200 lots in Midland, TX – Zoned residential, possible re-zone to duplexes
3. 58 units in Euless - $1.85M – 8% Cap
4. 10 Units in North Austin - $1.3M – 7% Cap
5. North Austin/Georgetown 4-plex - $375,000 – 9% Cap
6. 34 units in NE Austin - $1.895M
7. 18 units in Georgetown (north of Austin) - $1.8M
8. 6 duplexes in Tyler (next to UT Tyler) - $1.6M
9. 44 Units CLASS A Austin location - $9.4M – Great Location – Hedge Play
10. Seven 4-plexes in North Richland Hills - $2.7M – Over Priced but good location and worth a look to see about working price down
11. San Antonio – New build 4-plexes - $440,000 – 9% Cap
12. New build duplex in Grapevine - $549,000 – buyer can still pick options.
13. 6 duplex package in Waco - $1.1M Newer build
14. 15 units – Waco, near Baylor – Newer build
15. 11 units – new build – townhomes – Denton - $1.8M
16. 6 Duplex Package – North Central Dallas - $1.3M
17. 9 Duplex Package – West Ft Worth - $1.725M
18. 37 units in Lewisville – Class B area - $1.85M
19. 32 units – new build – Sanger,TX



NEW SINGLE FAMILY RENTAL LIST – 2015 UPDATE - (Popular option with lower 2-4 unit inventory)
Single family rental continues to be a popular option with the growing DFW market. My parameters for finding single family rental property are communities with ($.80+ rental rates per sqft, Days on Market under 40 days, and a SOLD price per sqft lower than the average).

These properties are moving to quick to keep a running list. I’m running it for the good communities in ISDs that I like each day. If you have a specific area, let me know and will just add you to that list. In these better communities, homes are selling in 7 days if priced correctly (in the range we would want as Investors).

SINGLE FAMILY LIST (Active as of 7/30/15) – all solid rental areas/rents
1. Keller – 4bed/2bath – 1800 sqft - $195K
2. Keller – 4bed/2.5bath – 2350 sqft - $225K
3. Roanoke – 3bed/2bath – 1850 sqft - $189K
4. Roanoke – 4bed/2.5bath – 2180 sqft - $210K
5. Plano – 3bed/2.5bath – 2600sqft - $270K
6. Frisco – 4 bed/2bath – 1641 sqft - $185K
7. Frisco – 4bed/3.5bath – 2040 sqft - $229K - (1/2 duplex, very good area/rents)
8. Frisco – 3 bed/2bath – 2066 sqft - $246K
9. Frisco – 4bed/2bath – 2600sqft - $292K
10. Allen – 4 bed/2bath – 1970 sqft - $208K
11. Allen – 4 bed/2bath – 1800 sqft - $210K
12. Trophy Club – 4 bed/2bath – 2118 sqft - $245K



FLAT FEE MLS/REALTOR.com LISTING - $125 – GREAT WAY TO LIST FOR SALE AND FOR LEASE 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.


FULL SERVICE LISTING

In 2015, If you need more than the MLS Flat Fee service, I will be offering Full Service listing for only 1% on the listing side (still reserve 2-3% for buyer broker). Reduced commission but full representation of photos, signs, lockbox, negotiations, etc.

Please call/email for details.

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).