Wednesday, March 31, 2021

APRIL 2021 - Duplexes, Quads - Commercial Multi-Family Update

 Thanks for visiting the site. Below are links to updated investment properties throughout Texas. If you have specific parameters on your property search, please let me know so I can reach out to specific sellers on property data.

Please always feel free to call or email with any questions. Thanks.


APRIL 2020 UPDATED LIST:

SHORT LIST DUPLEXES

FULL LIST DUPLEXES

SHORT LIST QUADS

FULL LIST QUADS

FULL LIST COMMERCIAL MF (5+) UNITS


OTHER PROPERTIES FOR SALE –  Updated 4/1/2021
 
     0.       3-5 unit slabs in Desoto - 55+ community being built - approx. $600k-$1M -  3 slabs max per investor
     1.        Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.7M ($425,000 per) - Fast growing area, 10 minutes to Denton, 15 minutes to the Winter Casino area of Oklahoma - $154,600 Gross Annual Rents 
     2.        8-plex - Class C - Bryan, TX - Walk to Texas A&M - $680,000
           3.        8 Unit - new build construction - East, TX - $1,250,000
           4.         12 units in Irving - $850,000
           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 - New Build Townhouses - $400K - 3 bed units
           7.        Another duplex New Build community in the Woodlands (Houston) - marketing hasn’t been released yet - will sell out fast - $455,000 - 10 remaining lots as of 3/14.
           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.       18 units in Bryan, TX (Texas A&M) - $950,000 - Walkable location to restaurants and retail
          11.        TCU Rental home - $500,000 - Long term lease - $3,100
          12.       8 condo units, Magnolia area of Ft Worth (great area) - $2.4M (price too high) but worth a look, regular rental or AirBnB possibilities 
  13.       3 duplex package in San Marcos - 1 block from college - $975,000
          14.       5 newer build townhomes - Great North San Antonio area. Properties on popular running trail. $9,200 monthly rental revenue - $1.55M
          15.       8 unit property in South San Antonio - $550,000 - Some units remodeled, a couple as Airbnb.
          16.       4-plex in College Station (Texas A&M) - fully occupied at 8% Cap - $365,000
          17.       30 unit class C apartment complex - Conroe, TX  (NE Houston) - Fast Growing area.
          18.       14 single family home portfolio for sale in Stephenville, TX -  $235,000  NOI
          19.       4 single family home portfolio (Mckinney, Little Elm, Denton, Rockwall) - $130,000 Gross Annual Rent - $1.646 List Price


 
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.


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Monday, March 15, 2021

4 single family home portfolio for sale - $1.646M

 4 single family home portfolio (Mckinney, Little Elm, Denton, Rockwall) - $130,000 Gross Annual Rent - $1.646 List Price...off market....ask for details..

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MID MARCH 2021 - 2-4 unit, Commercial Multi-Family Update

Below is the MID MARCH 2021  property update.  I'm currently traveling but checking email/texts when I can. Please let me know any questions. Jim


 
 
MID MARCH 2021  PROPERTY UPDATE








OTHER PROPERTIES FOR SALE –  Updated 3/15/2021
 
     0.       3-5 unit slabs in Desoto - 55+ community being built - approx. $600k-$1M -  3 slabs max per investor
     1.        Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.7M ($425,000 per) - Fast growing area, 15 minute drive the the crazy      growth  of Oklahoma  Casino (Winstar) but in Texas.
     2.        4-plex on Lake Granbury - 4 boat slips included, recently updated - $6,700 month rents - walk to Granbury Square - Great Location - $950,000 
           3.        Central Austin - 8 studio units - rehabbed 2020 - $1.1M
           4.         12 units in Irving - $850,000
           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 - New Build Townhouses - $400K - 3 bed units
           7.        Another duplex New Build community in the Woodlands (Houston) - marketing hasn’t been released yet - will sell out fast - $455,000 - 10 remaining lots as of 3/14.
           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.       18 units in Bryan, TX (Texas A&M) - $950,000 - Walkable location to restaurants and retail
          11.        TCU Rental home - $500,000 - Long term lease - $3,100
          12.       8 condo units, Magnolia area of Ft Worth (great area) - $2.4M (price too high) but worth a look, regular rental or AirBnB possibilities 
  13.       3 duplex package in San Marcos - 1 block from college - $975,000
          14.       5 newer build townhomes - Great North San Antonio area. Properties on popular running trail. $9,200 monthly rental revenue - $1.55M
          15.       8 unit property in South San Antonio - $550,000 - Some units remodeled, a couple as Airbnb.
          16.       4-plex in College Station (Texas A&M) - fully occupied at 8% Cap - $365,000
          17.       30 unit class C apartment complex - Conroe, TX  (NE Houston) - Fast Growing area.
          18.       14 single family home portfolio for sale in Stephenville, TX -  $235,000  NOI
          19.       4 single family home portfolio (Mckinney, Little Elm, Denton, Rockwall) - $130,000 Gross Annual Rent - $1.646 List Price


 
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.


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Friday, March 12, 2021

Need COMPS?

 Hope all is well. When buying a property - personal or investment, it is essential to have COMPS. I do this for a lot of investors and home owners. When running comps, I ask if you can send:


1. sqft
2. 1 or 2 story home
3. Subdivision name
4. Zip code

If you can’t provide that, I can always find the data, but it saves time. I run comps plus/minus 500 sqft of the property size. MLS is most accurate.

When your ready, I do my full service listings at 1%. I do the Flat Fee (seller handles all) at $175 plus $35 if you want CSS showing service.

15+ years as a Realtor, market knowledge, here to assist and save you money when listing. I also rebate back 30% of Buyer Agent Commission when purchasing.
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Thursday, March 11, 2021

55+ New Build Community - 3-5 units Per Slab - 3 slab limit per investor

 This is a new project coming up in South Dallas. Still getting details but this will be centered around the 55+ market (fast growing).

South Dallas location, great area for renters.

The builder has several plans to accommodate what the investor will want. You can put as many as 5 one bedroom units on one slab or mix and match the plans.

Investors limited to a total of 3 slabs.

Approximate pricing from $800-$1.2M

Email for details.

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Rents for the Sanger Duplexes loaded

 Some updated numbers on the Package of 4 duplexes in Sanger. These were built in 2018/2019.

Each unit is 3 bed, 2.5 bath, 2 car garage. Excellent location off I-35. Fast growing corridor.

You can't get a new build duplex in DFW for under $450,000.

Purchase 0f $425,000
25% Down - $105,000
Taxes - 2.3% - $9,550  (off $425,000 purchase price)
Insurance - $1,500 annual
Monthly Expense & HOA - $200

Rents of $3,200 per month ($1600 per unit) - market is $1700


4909 Sanger Cir-$1595
4911 sanger Cir -$1650
4913 Sanger Cir - $1600
4915 Sanger Cir- $1575
4904 Villas Dr - $1625
4906 Villas Dr - $1620
4908 Villas Dr - $1600
4910 Villas Dr - $1600


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Thursday, March 4, 2021

Grapevine Duplex for Sale - $500,000

Duplex in Grapevine just listed. $500,000 in Grapevine-Colleyville ISD.

Room to raise rents higher.

Unit 1 is 3 bed, 2 bath - rented at $2,000


Unit 2 is 2 bed, 2 bath - rented at $1,650  


Solid central area, great for investment or owner occupied.



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Tuesday, March 2, 2021

4 duplexes -- off market - 2018 build - $420k per....numbers attached.

 4 duplexes - 2018-2019 builds. North DFW in Sanger (15 minutes north of Denton). Great location off I-35. Fast growing area. Newer build duplexes requiring less maintenance. 


Each duplex is 3 beds, 2.5 baths, 2 car garage. Each unit rented out at $1,600 (kept low during Covid). Market is $1,700.

Price per duplex is $420,000

Sample financials below....

Purchase 0f $420,000
25% Down - $105,000
Taxes - 2.3% - $9,550 (off $420,000 purchase price)
Insurance - $1,500 annual
Monthly Expense & HOA - $200

Rents of $3,200 per month ($1600 per unit)

Based on above, approximate cash flow would be $6,580 annual ($548 per month).

Email if interested.
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Monday, March 1, 2021

Duplexes, Quads, Commercial MF - Texas Investment Property - March 2021 Update

 Below is the MARCH 2021  property update.  Inventory is still really low. There were only 17 Quads and 77 duplexes listed in North Texas right now. Low inventory is keeping pricing inflated. Still getting deals done and interest rates are still low.  Please let me know any questions.

    
 
MARCH 2021  PROPERTY UPDATE








OTHER PROPERTIES FOR SALE –  Updated 3/1/2021
 
     0.       15 Townhomes in North Euless - $2.2M…. 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 ($420,000 per) - Fast growing area, 15 minute drive the the crazy      growth  of Oklahoma  Casino (Winstar) but in Texas.
     2.        4-plex on Lake Granbury - 4 boat slips included, recently updated - $6,700 month rents - walk to Granbury Square - Great Location - $950,000 
           3.        Garland - 4-plex - $525,000
           4.        New 2-4 unit community - south of Mansfield, another high growth area - 4-plexes are $712K - (10 left) - Seasoned Builder, duplexes sold out
           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 - New Build Townhouses - $400K - 3 bed units
           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.       18 units in Bryan, TX (Texas A&M) - $950,000 - Walkable location to restaurants and retail
          11.        TCU Rental home - $500,000 - Long term lease - $3,100
          12.       8 condo units, Magnolia area of Ft Worth (great area) - $2.4M (price too high) but worth a look, regular rental or AirBnB possibilities 
  13.       3 duplex package in San Marcos - 1 block from college - $975,000
          14.       5 newer build townhomes - Great North San Antonio area. Properties on popular running trail. $9,200 monthly rental revenue - $1.55M
          15.       8 unit property in South San Antonio - $550,000 - Some units remodeled, a couple as Airbnb.
          16.       4-plex in College Station (Texas A&M) - fully occupied at 8% Cap - $365,000
          17.       30 unit class C apartment complex - Conroe, TX  (NE Houston) - Fast Growing area.
          18.       14 single family home portfolio for sale in Stephenville, TX -  $235,000  NOI


 
LIST ON MLS (Hundreds of Websites) FOR FLAT FEE OF $175 – FOR SALE OR FOR RENT PROPERTIES……    
 
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.

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