Sunday, March 4, 2018
MARCH 2018 Cash Flow Property Update - New Listings
Texas Real Estate Commission Information About Brokerage
Thanks for visiting the DFW Investment Blog,
If you are thinking of selling any of your Texas investment properties, please keep in mind my discount listing programs.
Below is the MARCH 2018 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.
MARCH 2018 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 3/2/18
0. Eight (8) brand new 4-plexes in North San Antonio - $560,000 each. Rents in the $1230 range. BRAND NEW!
1. 16 Townhome package - NEW BUILD - Burleson, TX $3.2M - $1,700 rent per unit
2. 24 Brand New Townhomes - $3.9M - Close to Medical District - $1,450 unit rent
3. 6 townhome units in Canyon Lake - 8% Cap - $900,000 - West of San Marcos
4. Coming Soon - 12 duplex package (24 units) in Lancaster/Desoto - $220K per (approx). HOPEFULLY SOON - Class C
5. San Marcos - 12 units - small MF Commercial - great location - $1.2M - 7% Cap - EXTRA LAND TO BUILD 60 MORE UNITS
6. Coming Soon- New Build student housing in Huntsville - North of Houston - 22 units - $3.3M - 7.25% Cap
7. NEW - 11 duplex package in Mineral Wells (west of Ft Worth) - solid rents - own whole block - $1.8M
8. 14 newer build town home units in Denton - $2.6M
9. New Build duplexes in New Braunfels - $350-$400K - Incredible growth.
11. Texas A&M Rental Townhomes - New Build - Amenity filled community - Package of 2 units ($550,000), 3 units, and 4 units
12. 4 duplexes (8 units), built 2013 in Bryan, TX/College Station - each on 1 acre - $1.8M package - 6.7% Cap
13. 4 duplex package in Copperas Cove (outside of Ft Hood) - Class C - $565K
14. 4 duplex package in Marble Falls (west of Austin) - $780K - listed as 9% cap but waiting on financials.
15. New Build duplexes in New Braunfels, Gruene Hall - $365,000 - $410,000 - Incredible growth, high demand
16. New Build duplexes in Bastop (just east of Austin) - $370,000 - stable long term cash flow. Will go fast!
17. Duplex & Single Family Portfolio in S. Arlington/Mansfield - $1.5M
18. NEW 25 new build duplexes in Killeen/Ft Hood Area (North of Austin) - $212,000 each. 3bed/2bath units - $1000-$1100 rent per unit
19. Five (5) 4-plexes - 2016 build - North of Tyler - Extra Land to Build more. $21,000 rents - $2.35M
21. Listed Incorrectly - Full Duplex in Crowley - $340,000 - each unit 3bed,2bath - 2016 build
23. Brand New 4-plexes in Spring, TX (north Houston) Large Units - $650,000 per 4-plex.
24. 31 unit MF in Waxahachie - $2.5M - 7% Cap - Growing area
25. Duplex, 4-plex, 5-plex LOTS FOR SALE - Denton, TX - Plans available approved by City.
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).