Thursday, March 31, 2016

APRIL 2016 Investment Property Update - DFW, Austin, San Antonio

Hello and thanks for visiting the DFW Investment Blog,

Below is the APRIL 2016 list of properties of interest. As always, if you see something of interest or have questions, please let me know and will get answers/comps. Inventory on the 2-4 unit properties is still tight.

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.

When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.

APRIL 2016 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 3/31/16

1. College Station (Texas A&M) – 21 Quads for sale as package or individual at $430,000 per
2. Brand New duplexes – New Braunfels (South of Austin, North of San Antonio) - $320-$345K - $1400-$1500 rent per unit. NOW ONLY 5 LEFT in New Braunfels!!!
3. Brand New Duplexes – Kyle, TX - $335-$365K – POURING FOUNDATION
4. Brand new duplexes – Crowley,TX (10 min south of downtown Ft Worth) Packages of 5 or more. Very clean area.
5. 2 Builder Homes in SW Arlington (next to Tiera Verde Golf Course) $285k FOR EACH – Tenants in place – Gated community
6. 8 Quads to Be Built in Princeton,TX (15 miles to new Cowboys/Toyota facility in Frisco) – Large 3 bed units. Located in CENTRAL Princeton - $550K
7. San Antonio – New build 4-plexes - $440,000 – 9% Cap
8. San Antonio – luxury duplexes - $350K – to be built
9. College Station duplex - $267K – on A&M Shuttle route
10. Year 2004 – Bridgeport – 39 units $3.175M – 7.5% Cap
11. 16 units in Denton – 8 acres – room to build more - $1.5M
12. 8 Unit – BRAND NEW – Lubbock, close to Texas Tech - $810,000
13. 24 units in Sequin (north of San Antonio) - $1.5M
14. 23 Unit – Class A area (7th St) $1.9M – Very good location
15. 32 units in Hurst - $1.3M
16. 6 duplex package in North Dallas – Will break into packages of 3. $210K per duplex. $1100 rent per duplex unit – 3 bed/2bath


NEW SINGLE FAMILY RENTAL LIST (Popular option with lower 2-4 unit inventory)
This time of year sees tighter inventory with the Owner Occupant market very hot on primary residence. There are always a couple out there. I have a builder selling 2 newer homes with tenants in place. He has marked them down to $285,000 bottom dollar and getting $2700 and $2900 rents on them.


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 2016, 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).