NOTE: Please visit the http://investdfw.blogspot.com/ - I keep posting additional properties on the website.
Well, the 2-4 unit market is unreal. Tough time to be a buyer. I listed two duplexes this past week and each had 10+ offers, appraisal waivers and more. Deals are getting done but be ready to give your best offer. Texas is seeing a lot of West Coast 1031 buyers bringing cash to float these deals.
IF YOUR SELLING, let me know. Great opportunity to take some money off the table in this current environment.
Below is the MID APRIL 2021 property update.
Short list of cash flow property below (FULL LIST available at http://investdfw.blogspot.com/).
MID APRIL 2021 PROPERTY UPDATE
OTHER PROPERTIES FOR SALE – Updated 4/15/2021
1. Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.7M ($430,000 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. Year 2019 build - 8 unit Property next to TCU (Ft Worth) - $1,500,000
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)
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.
