Welcome to 2021, let’s get this year rolling. Texas continues to explode with company relocations and job growth.
Below is the JANUARY 2021 property update. Please let me know any questions.
Short list of cash flow property below (FULL LIST available at http://investdfw.blogspot.com/).
JANUARY 2021 PROPERTY LIST
OTHER PROPERTIES FOR SALE – Updated 1/1/2021
1. Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.660M ($415,000 per) - Fast growing area, 15 minute drive the the crazy growth of Oklahoma Casino (Winstar) but in Texas.
2. 32 units in San Marcos (between Austin & San Antonio) great growth area. $3.6M - 6.3% Cap
3. Brand new duplex community in Sequin, TX (south of Austin, off the Tollway where Tesla is building) - $380,000 per duplex - $2.850 rent per duplex
4. New 2-4 unit community - south of Mansfield, another high growth area - Duplexes - SOLD OUT - 4-plexes are $685K - (13 left) - Seasoned Builder
5. New 4-plex community in NW Houston, near Woodlands, $760,000 - Expected rents of $1,500 per unit - $6000 per quad - great area - gated
6. TCU area - Year 2018 duplex - Long Term Leases - $91,000 NOI - $1.5M - upside in rents scheduled to increase
7. Another duplex New Build community in the Woodlands (Houston) - marketing hasn’t been released yet - will sell out fast - $455,000
8. 24 units in Waco - $2.2M - Built 2015 - solid units, great location
9. San Antonio - builder with new build duplexes $335,000 - 4-plexes - $615,000 - Class C areas, lots of renters.
10. 9 units in Conroe (north Houston) - Class C - 8% Cap per list agent
11. Lake Granbury (West Ft Worth) - development opportunity - ON THE WATER - 3 Lots
12. 6 townhome units (year 2020 build) - Conroe area - $1,350M
13. 8 condo units, Magnolia area of Ft Worth (great area) - $2.4M (price too high) but worth a look, regular rental or AirBnB possibilities
14. 5 year 2003 townhomes on the Tobin Park Trail - $1.55M - one town home is 12,000 sqft, 3 story and could be split up to 3 units.
15. COMING SOON: 4-plex in Denton - Two units are 3/2, two units are 2/2 - $5,000 Gross Rents, Upside on new leases to market of $1300 per... $675,000
LIST ON MLS (Hundreds of Websites) FOR FLAT FEE OF $175 – FOR SALE OR FOR RENT PROPERTIES…… (http://flatlistingfee.blogspot.com/)
I offer a Flat Fee MLS service to list your investment property For Sale or Rent on MLS. As of January 1st, 2021, the MLS Listing Fee is $175 for all listings….. 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 – Only 1%
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.
