Thursday, May 14, 2020
INVESTMENT PROPERTY UPDATE - MID MAY 2020 - TEXAS
Texas Real Estate Commission Information About Brokerage
Thanks for visiting the DFW Investment Blog,
Below is the MID MAY 2020 property update.
Welcome to MID MAY. Things are still moving along in Texas. More traffic with most of the shelter in place being lifted. I have shown properties when allowed with max protection for Covid precautions. If you see a property you want to visit, please let me know.
Please let me know any questions and any updated parameters you have.
When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.
MID MAY 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 5/15/2020
0. 47 units in Lake Dallas (Right of I-35 E). Solid Location in the middle of everything - $3.4M
1. 14 units in Denton - $1,070,000 - Close to UNT
2. 8 units in Tyler (4 duplexes side by side) - $850,000
3. 12 units in Gainesville - Built 2019 - $.1.6M
4. 16 units in South Dallas - $1.3M - 7.9% Cap
5. 6 Unit Commercial MF - Stephenville, TX (Tarleton State College) - $800K - Great location
6. Red Oak, TX (south of Dallas) - 8 unit, year 2017 gated complex for 55+ ages - 100% Leased - $1,375,000
7. Sanger, TX (north of Denton) 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) - Fast growing area, 15 minute drive the the crazy growth of Oklahoma Casino (Winstar) but in Texas.
8. Arlington, TX - Central location, Year 2002 construction, $370,000 - market rents of $1500-$1600 range
10. Denton, TX - 12 unit MF in Central Denton, near UNT - $1.35M - 6.1% Cap
11. 12 duplex package in Weatherford, built 2009 - $3.2M (24 units) Solid location.
12. Austin, TX - North Austin 18 unit MF - updated in 2015 - $2.9M
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
18. 20 units in Amarillo at $1.250 - 7% Cap
19. NEW BUILD 2-4 UNIT - CONROE, VENUS (SOUTH DFW), NEW BRAUNFELS, SAN ANTONIO - Lots of options 20. New build commercial in San Antonio - 5 unit at $750K, 6 unit at $850K - $1,400+ rent per unit - commercial lender in place
22. Conroe, TX - (North Houston) - 36 unit mobile home park, 31 acres (12 acres left for build out) - 7.6% Cap - $3.0M - Fast Growing Area
23. Bryan, TX (Texas A&M area) - 16 unit MF - $960,000 - 7% Cap
24. 30 duplex portfolio in Lubbock,TX - $215K per duplex, $2K rents on each duplex - Built 2002-2004 - owner will split up package
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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