Thursday, January 14, 2021

MID JANUARY 2021 - Duplexes, Quads, Commercial MF List - Texas

I hope your 2021 is off and running. Starting to see new listings hit the market and talk of more. Pricing of course still to be determined but a much faster start than last year this time.


Below is the MID JANUARY 2021  property update.  Please let me know any questions.
   

 
MID JANUARY 2021  PROPERTY UPDATE








OTHER PROPERTIES FOR SALE –  Updated 1/15/2021
 
     0.       15 Townhomes in North Euless - $2.1M…. 7 units updated…$15,500 in monthly rents - 100% occupied (currently) - next door to newer $300K+ homes (pictures)
     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.        AirBnB Duplex - Lewisville Lake - $575,000 
           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.        REHAB PLAY - Two duplexes - East Dallas - Rehab Play - Solid location near Arboretum - $270k each (high but worth working)
          10.       REHAB PLAY - Two duplexes in Bishops Arts - across from park - $315k each (high but worth working)
          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.


 
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.