Tuesday, September 4, 2018
SEPTEMBER 2018 - CASH FLOW PROPERTY UPDATE - DFW to San Antonio
Texas Real Estate Commission Information About Brokerage
Thanks for visiting the DFW Investment Blog,
Below is the SEPTEMBER 2018 update. Slow summer but things are picking up with sellers loading more inventory to clear by end of year. Also time to look at the rising interest rates, looks like 2 more rate hikes in 2018.
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.
SEPTEMBER 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 9/4/18
1. 6 Duplex Package - Midlothian, Fast Growing Area - $1.5M - 7% Cap
2. 10 townhome portfolio - Texas A&M - 4 bed Units - $2.6M
3. 5 DUPLEXES (10 Units) - next to TCU Campus in Ft Worth. Large Units, Recent Updating - $2.8M
4. New build 4-plexes in San Antonio - $575K - 7% Cap Rate - BRAND NEW
5. NEW 4-Plex Project - Cypress, TX - 4-plex community being built - high end finish - mgmt in place - $699k per 4-plex
6. Texas A&M Rental Townhomes - New Build - Amenity filled community - Package of 2 units ($550,000), 3 units, and 4 units
7. New Build duplexes in New Braunfels, Gruene Hall - $365,000 - PRE-SELLING - Great area off I-35.
8. New Build 4-plexes in San Antonio - $575,000 - $1,250-$1,300 rent per unit - tenants pay utilities.
9. Granbury package of 4 duplexes - $250K each, Year 2011 build, 3 bed
10. 22 Units - College housing in Huntsville (North of Houston). Just Built - $3.3M - 7% Cap (NEW PRICE)
11. 12 units in Central Grapevine - 6% Cap - $2.3M
12. 14 Townhomes in Garland - 2 bed and 3 bed mix. $1.9M - Upside in rents.
13. Tri-plex in Central Arlington - $375,000
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 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 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).
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