MID SEPTEMBER Edition - Single Family, 2-4 Unit & Comm Multi - Cash Flow Update

Hello and thanks for visiting the DFW Investment Blog,

North Texas down to San Antonio remains very strong economic environment spurring the constant influx of people moving to Texas for jobs. I don’t see this slowing anytime soon as the cities continue to expand further out to accommodate.

Below is the MID SEPTEMBER 2017 update. If you have specific parameters (area/property type/size/price/etc), please let me know.

When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.

MID SEPTEMBER 2017 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 9/14/17

1. Off Market - New Build Duplexes in Brock, TX (west of Ft Worth next to Weatherford). VERY GOOD ISD - Rents $1650-$1750 per unit - each unit is 3beds,2.5bath, 2 car garage - lots of growth out west.
2. Off Market - North Dallas Duplex - $280,000 2/2 units - Richardson ISD.
3. 5 new town homes in Georgetown - higher end - sold as one deal - 6.1% cap (15 more units available as well)
4. New build duplexes in Bastrop, TX (east of Austin) - $360K per
5. 9 duplex portfolio - Sherman, TX - $1.8M
6. Brand New Duplexes – Kyle, TX - $335-$365K
7. 50 Brand New 4-plexes in NW Houston (Spring, TX) - $650,000 per - 7% Cap - NOT FLOODED
8. San Antonio – New build 4-plexes - $440,000 – $540,000
9. Off Market - TWO 5 Bedroom newer build homes - $5400 monthly leased to 5/31/18 - Next to TCU in Ft Worth - $650,000 each - they lease out a year in advance.
10. New Build duplexes in Bastrop/Austin area - $360,000
11. 14 newer build town home units in Denton - $2.6M
12. New Build duplexes in New Braunfels - $350-$400K - Incredible growth.
13. Off Market - duplexes in South Ft Worth - 5 total duplexes (12 units) - Class C assets
14. Off Market - South Ft Worth - 6833/35 South Creek Dr - $146,000 - $1,450 monthly rent - new roof 2016, new fence, new inside HVAC unit
15. Texas A&M Rental Townhomes - New Build - Amenity filled community - Package of 2 units ($550,000), 3 units, and 4 units
16. 4 duplexes (8 units), built 2013 in Bryan, TX/College Station - each on 1 acre - $1.8M package - 6.7% Cap
17. 8 trailer homes on 5 acres in Weatherford, TX (West of Ft Worth) - all rented - $350K - $4200 a month in rent
18. 17 newer build townhome units in single family community - $2.9M (bit pricey) - 5% cap - Mesquite,TX
19. 4 duplex package in Copperas Cove (outside of Ft Hood) - Class C - $565K
20. 4 duplex package in Marble Falls (west of Austin) - $780K - listed as 9% cap but waiting on financials.
21. 3 duplex package in North San Antonio - $660,000
22. Remodeled 16 unit asset in San Antonio, assumable loan - price is $1.995M
23. New build North San Antonio duplexes - $300k


NEW SINGLE FAMILY RENTAL LIST – BETTER SCHOOLS
Best ISDs to consider right now on Single Family are Keller ISD, Mansfield ISD, Northwest ISD, McKinney ISD, Birdville ISD

BUILDER INVENTORY
This time of year we start to see the builders get more aggressive on SPEC inventory. This has been limited since the Housing Bust of 2008 but I am getting more and more emails from builders with discounts on increasing inventory. Some still don’t allow investors but worth a look if wanting a newer product.

HALF DUPLEXES
This is becoming a more popular option than town homes. Typically better locations, lower price and No HOA fees gets them to a better cash flow number. Also popular for those investors working the AirBnB model to achieve higher cash flow.

FLAT FEE MLS LISTING (100s of Internet Sites) - $150 – GREAT WAY TO LIST FOR SALE AND FOR LEASE PROPERTIES
I offer a Flat Fee MLS/Realtor.com service to list your investment property or unit for rent on MLS. First listing is a flat $150 and each listing after is $125. 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. If you would like information on this program, please call or email.

FULL SERVICE LISTING - 1% Listing Fee
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).