Thursday, September 24, 2020

16 unit MF in Granbury (west of Ft Worth) - $1.1M

 16 units MF just listed for sale in Granbury,TX - fast growing area, 45 minutes from Ft Worth, popular lake. I'm waiting on financials from the list agent.


16 units, all 2 bed, 1 bath.

Comes with vacant land for possible additional builds.

Price is $1.1M - 

Rents average $750. Depending on the utility break down, should be in range. Older units will need rehab most likely.

Very few come on market like this, would expect it to go quickly. Let me know interest level.

Tuesday, September 15, 2020

Duplexes, Quads, Commercial MF - MID SEPTEMBER 2020 UPDATE

   Texas Real Estate Commission Information About Brokerage



Thanks for visiting the DFW Investment Blog,

Below is the MID SEPTEMBER 2020 property update. 


When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.


MID SEPTEMBER 2020 LIST








OTHER PROPERTIES FOR SALE –  Updated 9/15/2020
 
0.       32 units in San Marcos (south Austin) - Near College - $4M

1.       10 duplex portfolio (20 units) - Amarillo - $1.250 - 7.2% Cap

2.       22 unit MF - newer build in Huntsville - Next to Sam Houston St - 100% Occupancy - $2.9M - 7% Cap

3.       THREE duplex package (6 units) - South Arlington near hospitals/retail/entertainment - Year 2005 - $357,000 each - overpriced but worth a look...

4.       Single Family Builder Homes around Ft Worth - $180K range price point  - brand new builds - $180K price poin

5.      BRAND NEW - sixteen 4-plexes in NW Houston (Out of Hurricane zone) - $760,000 - 7% Cap

6.      Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.650M - Fast growing area, 15 minute drive the the crazy growth of Oklahoma     Casino (Winstar) but in Texas.

7.    Waco MF package - 9 duplexes and 5 4-plexes - 38 units total - built from 2009-2016 - $4.3M

8.     New build commercial in San Antonio - 5 unit at $750K, 6 unit at $850K - $1,400+ rent per unit - commercial lender in place

9.     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

10.   30 duplex portfolio in Lubbock,TX - $215K per duplex, $2K rents on each duplex - Built 2002-2004 - owner will split up package (additional 20 duplexes in same community    available from another seller - also $215K per - Solid opportunity to own a complete subdivision of duplexes.

11.     40 renovated units - South Denton - $3M

12.     12 duplex portfolio (24 units) - Weatherford  (fast growing West Ft Worth) - $3.4M

13.     Brand new duplex in Sequin, TX (south of Austin, off the Tollway where Tesla is building) - $380,000 per

14.     6-plex in Weatherford on 2 acres - $1.2m - $90K NOI per list agent - additional acreage to build another 6-plex

15.     9-unit MF on TAMU (Texas A&M) bus route - Bryan, TX - $1.6M  - new construction

16.    15 duplex portfolio in Huntsville (Sam Houston St) - Solid income producing properties - $2.5M - 7.5% Cap - Year 2001 builds

17.    Brand new 4-plexes - South DFW - $690,000

18.    Class C duplex portfolio in Ft Worth - $190,000 per property. These are on MLS individually for $190K at varying rents. I would say the areas are Class C/C minus - traditional rental areas with lots of tenants. $190K is too much for the majority of these but guessing a package purchase would be for considerably less and grab a lot of duplexes at once.

19.  Single family new builds in Class C transition areas. Ideal for rentals. Price range $179,900-$190,000 - Ft Worth area.....




FLAT FEE MLS LISTING (100s of Internet Sites) - $200 – 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. Only $200 fee. 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.




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