Tuesday, February 25, 2020

Duplex in Arlington with Decent #s - $366,000

Full duplex (2 units) in South Arlington. Nice large units.

Great location in South Arlington.

Both units are 3 beds, 2.5 bath. Garage Parking.

Unit 1 rent is $1500
Unit 2 rent is $1550

Tenants pay all utilities.

Price is $366,000 - good cash flow on this one.

Wednesday, February 19, 2020

Off Market Properties that I know of.......

Some off market opportunities that I have been contacted about....

3 Duplexes in SW Ft Worth, solid location. $190k per duplex ($570,000), $1800 rent per duplex. 1980s build. Seller would sell as a package.

. 4 duplex package in North DFW (Sanger, off I-35). High growth corridor along I-35. Lots going on in Denton area these days. These duplexes are in a single family community. All units leased with upside in rents. Current rents are $3,200 gross per duplex, upside of $50 in market rent. Seller asking $415,000 per duplex ($1,660,000) for package. 2018-2019 builds. Very clean and clean area.

Duplex next to TCU, $560,000, $4,200 gross rents. New Updates. Easy walk to campus or Blue Bonnet Circle.

Single Family house 2 minute drive to TCU, 3bed, 2 bath, getting $3,250 rent. Asking $415,000. Large lot and good street traffic to advertise for renters.


Some that I liked that are marketed on other public sites: 1. 11 units in East Central Dallas at $1.5M - 5.8% Cap - worth watching as updates already done on it and solid area.

2. 11 single family portfolio in North Dallas/Garland - $1.5M - 6% Cap. I havent had chance to visit them all, looks interesting if price gets down a bit.

3. 5 plex in Old San Antonio - waiting on actual numbers but advertised at $480K and 6.4% Cap in solid location.

4. 9 duplexes in Killeen, TX (90 miles from Austin and military base area). $1.93M - Its an interesting sub market that has stabilized over time. The military is a huge presence in that area.

New Build 4-plex in NW Houston, last one in the development, build starts in 45 days. It has been a very successful community. 6.7% Cap - $690,000


I'm tracking some others and will add to site when I see actual data. Jim

Thursday, February 13, 2020

MID FEBRUARY 2020 INVESTMENT PROPERTY UPDATE



Texas Real Estate Commission Information About Brokerage

Thanks for visiting the DFW Investment Blog,

Below is the MID February 2020 Update

Let me know what I can do for you in 2020.

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 FEBRUARY 2020 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 2/14/2020

0. 3 duplexes - SW Ft Worth - off market - Solid Area - $900 rent per unit - $200K per property
1. Brand new 4-plexes and Duplexes south Dallas, next to Google Data Center - Ready 2020….Lots of Options, solid builder
2. New build 4-plex, Northwest Houston - Year 2018 - $689,000 - 6.9% Cap - Hot Area
3. New build duplexes in New Braunfels, north of San Antonio - $355K - decent selection
4. San Antonio 4-plex - $656,000 - Brand New Build
5. Denton Townhomes - packages of 7 and 10 - $1.5M - Newer build - Residential surroundings
6. 2 duplexes in Bastrop (outside of Austin) - $650,000
7. Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.650M - Large Units - $38,400 gross annual rents per duplex ($153,600 all 4 duplexes)
8. 4 unit property Texas A&M - on TAMU Bus Route - $365,000 - 8% Cap
9. 4 plex East Austin - $439,000 - 7% Cap
10. 3 duplex package in Weatherford (west of Ft Worth) - Year 2009 build - $1.250M
11. 12 duplex package in Weatherford, built 2009 - $3.2M (24 units) Solid location.
12. 14 units Central Denton, near colleges - $1.350M
13. Full renovated duplex in Central McKinney, near downtown - $399,000
14. 5-PLEX IN North San Antonio, solid location - $480,000
15. Full duplex in Mesquite, year 2006 - 3/2 unit - $315,000


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).


Texas Income property, duplexes, 4-plexes, apartment complex, quad plex, quads, duplex, single family investment, Dallas Real Estate, Fort Worth Real Estate, DFW income property, austin duplexes, houston income property, san antonio duplexes

Monday, February 3, 2020

FEBRUARY 2020 - CASH FLOW PROPERTY UPDATE



Texas Real Estate Commission Information About Brokerage

Thanks for visiting the DFW Investment Blog,

Below is the February 2020 Update

Let me know what I can do for you in 2020.

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.

FEBRUARY 2020 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 2/4/2020

0. 3 duplexes - SW Ft Worth - off market - Solid Area - $900 rent per unit - $200K per property
1. Brand new 4-plexes and Duplexes south Dallas, next to Google Data Center - Ready 2020….Lots of Options, solid builder
2. New build 4-plex, Northwest Houston - Year 2018 - $689,000 - 6.9% Cap - Hot Area
3. New build duplexes in New Braunfels, north of San Antonio - $355K - decent selection
4. San Antonio 4-plex - $656,000 - Brand New Build
5. Denton Townhomes - packages of 7 and 10 - $1.5M - Newer build - Residential surroundings
6. 2 duplexes in Bastrop (outside of Austin) - $650,000
7. Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.650M - Large Units - $38,400 gross annual rents per duplex ($153,600 all 4 duplexes)
8. 4 unit property Texas A&M - on TAMU Bus Route - $365,000 - 8% Cap
9. 4 plex East Austin - $439,000 - 7% Cap
10. 3 duplex package in Weatherford (west of Ft Worth) - Year 2009 build - $1.250M
11. 12 duplex package in Weatherford, built 2009 - $3.2M (24 units) Solid location.
12. 14 units Central Denton, near colleges - $1.350M
13. Full renovated duplex in Central McKinney, near downtown - $399,000
14. 5-PLEX IN North San Antonio, solid location - $480,000
15. Full duplex in Mesquite, year 2006 - 3/2 unit - $315,000


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).


Texas Income property, duplexes, 4-plexes, apartment complex, quad plex, quads, duplex, single family investment, Dallas Real Estate, Fort Worth Real Estate, DFW income property, austin duplexes, houston income property, san antonio duplexes