Tuesday, November 14, 2017
MID NOVEMBER Edition - Single Family, 2-4 Unit & Commercial Multi-Family - Cash Flow Update
Texas Real Estate Commission Information About Brokerage
Hello and thanks for visiting the DFW Investment Blog,
Below is the MID NOVEMBER 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 NOVEMBER 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 11/15/17
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. 15 duplex (30 Unit) package in fast growing Cleburne (South of Ft Worth) - 8.5% cap - $1.950M package price
3. Listed Incorrectly - Full Duplex (2 units) Central Ft Worth off Camp Bowie - $393,000 price - large units.
4. Coming Soon - 12 duplex package (24 units) in Lancaster/Desoto - $220K per (approx). More data coming soon.
5. Coming Soon - New Build Duplexes in Springtown,TX (North of Azle - Growing) - $300K, market rent of $1500 per door.
7. 6 Brand New 4-plexes in NW Houston (Spring, TX) - $650,000 per - 7% Cap - NOT FLOODED
11. 14 newer build town home units in Denton - $2.6M
12. New Build duplexes in New Braunfels - $350-$400K - Incredible growth.
14. Off Market - South Ft Worth - 2 duplexes - $150K each - 4 units total - 2018 close - Class C area
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
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 NorthEast San Antonio duplexes - $350k
24. Duplex & Single Family Portfolio in S. Arlington/Mansfield - $1.5M
25. NEW 25 new build duplexes in Killeen/Ft Hood Area (North of Austin) - $212,000 each. 3bed/2bath units - $1000-$1100 rent per unit
26. Off Market - West Ft Worth/White Settlement - Monthly Rent of $2,350 - $250,000 Price - Year 2008 build - 3/2.5 units
27. NEW - 12 unit apartment complex near Baylor University in Waco - $1.25M - $12,750 in monthly rents.
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.
Texas Real Estate Commission Information About Brokerage
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).