OCTOBER 2015 UPDATE - Cash Flow Investment Property - Dallas/Ft Worth/Austin

Hello and thanks for visiting the DFW Investment Blog,

Below is the OCTOBER 2015 list of properties of interest. The single family market has softened a bit, especially with left over inventory that didn’t sell in summer. Starting to see more motivated sellers and less bidding wars. As always, if you see something of interest or have questions, please let me know and will get answers/comps.

Texas only continues to outpace the rest of the United States in job growth and population growth. The DFW area alone will double in size in the next 25 years (current 6.7 million residents and trending toward 14 million by 2040). Great opportunity to take advantage of sound and growing economy and robust real estate sector.


I am always happy to customize a search specific to your needs. I know some people want full investment properties while others are looking to Owner Occupy one unit as a primary residence and rent the other unit for extra income (so the other tenant is paying the mortgage for you) – because of this parameters vary from deal to deal.

As always, if you see something of interest or have questions, please let me know and will get answers/comps. When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.

OCTOBER 2015 LIST

SHORT LIST OF DUPLEXES

FULL LIST OF DUPLEXES

SHORT LIST OF TRI/QUAD PLEXES

FULL LIST OF TRI/QUAD PLEXES

FULL LIST OF COMMERCIAL MULTI-FAMILY



OTHER PROPERTIES FOR SALE – Updated 10/1/15

1. 14 Townhome Units – 2014 Build – Arlington, TX $2.65M, 10 additional units to be built
2. 8 Quads to Be Built in Princeton,TX (10 miles to new Cowboys/Toyota facility in Frisco) – Large 3 & 4 bed units.
3. 10 DUPLEXES in Burleson – 10% down upon contract, 90% due at closing. $250K Per. NEW BUILD
4. 24 units and land for additional 24 units – Little Elm - $2.5M
5. North Austin/Georgetown 4 PLEX - $375,000
6. 8 Units – Ross/Greenville Ave in Dallas - $825,000 – 9% Cap
7. 18 units in Georgetown (north of Austin) - $1.8M
8. 6 duplexes in Tyler (next to UT Tyler) - $1.6M
9. 44 Units CLASS A Austin location - $9.4M – Great Location – Hedge Play
10. Seven 4-plexes in North Richland Hills - $2.7M – Over Priced but good location and worth a look to see about working price down
11. San Antonio – New build 4-plexes - $440,000 – 9% Cap
12. 6 duplex package in Waco - $1.1M Newer build
13. 15 units – Waco, near Baylor – Newer build
14. 6 Duplex Package – North Central Dallas - $1.3M
15. 9 Duplex Package – West Ft Worth - $1.725M
16. 32 units – new build – Sanger,TX – 9 months out
17. Central Austin/MOPAC – 4 plex, build townhomes, zoned MF - $1.125M
18. New Build Rental Homes – TCU Campus – 5 beds - $525k-$550k – rents in the $4800-$5200 month range.
19. 50 Units – Central Austin – 7% Cap
20. 61 Units – South Central Austin – near St. Edwards Univ – 6% Cap
21. Rental Home next to TCU - $450,000 – 2970 SQFT – 4bed/3bath – Currently rented at $3300 per month
22. Off MLS 4-plex in Haltom City - $220,000 - $2200 Gross Monthly Income


NEW SINGLE FAMILY RENTAL LIST – 2015 UPDATE - (Popular option with lower 2-4 unit inventory)
THE HOT SUMMER BUYING SEASON IS OVER, TIME TO LOOK AT OLDER INVENTORY TO SEE WHO IS READY TO MAKE A DEAL. SEEING SOME MOVEMENT IN PRICING NOW
………Single family rental continues to be a popular option with the growing DFW market. My parameters for finding single family rental property are communities with ($.80+ rental rates per sqft, Days on Market under 40 days, and a SOLD price per sqft lower than the average).

These properties are moving too quick to keep a running list. I’m running it for the good communities in ISDs that I like each day. If you have a specific area, let me know and will just add you to that list. In these better communities, homes are selling in 7 days if priced correctly (in the range we would want as Investors).


FLAT FEE MLS/REALTOR.com LISTING - $125 – GREAT WAY TO LIST FOR SALE AND FOR LEASE PROPERTIES

I offer a Flat Fee MLS/Realtro.com service to list your investment property or unit for rent on MLS. First listing is a flat $125 and each listing after is $99. The flat fee gets the property on MLS/Realtor.com and all the sites that pull feeds from those sources. Great exposure for your property. The flat fee is only for listing the property. Showings, negotiations, contract issues, etc are handled direct with you and the buyer. If you would like information on this program, please call or email.


FULL SERVICE LISTING

In 2015, 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).