Renovated 11 Unit Property - Lakewood (East Dallas)

Solid property on the main thoroughfare our of Downtown Dallas, near Lakewood Entertainment District.

11 Total units - Seven ONE Bed, Four TWO Bed - separate electric, shared water meter.

Price is high on what taxes would eventually be. Being marketed at $1.5M. Fair price to get it to 6.5% Cap would be $1.4M. Overall clean property with updated units and will get plenty of drive traffic on a daily basis to keep it rented.

Email me for details.

16 Units Class C - good Traffic Count - Mansfield

Older Class C property for sale in SW Mansfield. 16 units. Located in between brand new City buildings and a new high school. Lots of growth on this side of Mansfield. On a well trafficked road. 100% Occupied.

TEXAS CASH FLOW PROPERTY UPDATE - MID JANUARY 2020

Texas Real Estate Commission Information About Brokerage

Thanks for visiting the DFW Investment Blog,

Welcome to 2020, I hope everyone had a great holiday season and ready for 2020. As I mentioned last year, the Texas market remains strong for growth and population increase. Multi-family property continues to be strong as rental rates have continued to increase. Pricing, as always, remains to be in flux. Properties priced in a 7+% Cap range typically sell pretty quickly and with multiple offers. Properties priced in the 5-6% Cap range will typically sit on market for longer periods of time. To get deals, YOU MUST MAKE OFFERS. Sellers are not typically getting their inflated list price, but will work offers that make sense.

Let me know what I can do for you in 2020.

Below is the MID JANUARY 2020 update. Sellers looking to sell.


If you have specific parameters (area/property type/size/price/etc), please let me know.

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

MID JANUARY 2020 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 01/15/2020

0. 15 Townhome package in North Euless off Hwy 360 - $2M - Off Market (Great location).
1. Brand new 4-plexes and Duplexes south Dallas, next to Google Data Center - Ready 2020….Lots of Options, solid builder
2. New build 4-plex, Northwest Houston - Year 2018 - $689,000 - 6.9% Cap - Hot Area
3. New build duplexes in New Braunfels, north of San Antonio - $355K - decent selection
4. San Antonio 4-plex - $656,000 - Brand New Build
5. Denton Townhomes - packages of 7 and 10 - $1.5M - Newer build - Residential surroundings
6. 2 duplexes in Bastrop (outside of Austin) - $650,000
7. Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.650M - Large Units - $38,400 gross annual rents per duplex ($153,600 all 4 duplexes)
8. 4 unit property Texas A&M - on TAMU Bus Route - $365,000 - 8% Cap
9. 4 plex East Austin - $439,000 - 7% Cap
10. 3 duplex package in Weatherford (west of Ft Worth) - Year 2009 build - $1.250M
11. 12 duplex package in Weatherford, built 2009 - $3.2M (24 units) Solid location.
12. 14 units Central Denton, near colleges - $1.350M
13. Full renovated duplex in Central McKinney, near downtown - $399,000
14. Full duplex in Desoto, $370,000 - each unit 3/2 area rents $1600-$1700 per unit
15. Full duplex in Mesquite, year 2006 - 3/2 unit - $315,000

HALF DUPLEXES
This is becoming a more popular option than town homes. Typically better locations, lower price and No HOA fees gets them to a better cash flow number. Also popular for those investors working the AirBnB model to achieve higher cash flow.

FLAT FEE MLS LISTING (100s of Internet Sites) - $150 – GREAT WAY TO LIST FOR SALE AND FOR LEASE PROPERTIES
I offer a Flat Fee MLS service to list your investment property or unit for rent on MLS. First listing is a flat $150 and each listing after is $125. 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 - 1% Listing Fee
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.



Texas Real Estate Commission Information About Brokerage

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).


Texas Income property, duplexes, 4-plexes, apartment complex, quad plex, quads, duplex, single family investment, Dallas Real Estate, Fort Worth Real Estate, DFW income property, austin duplexes, houston income property, san antonio duplexes

Off Market - Package of 4 duplexes - 2018 Build

A seller contacted me about selling his package of 4 duplexes (8 units). Off market, not on MLS.

Each duplex is 3 beds, 2.5 bath, 2 car garage, built in 2018/2019. Properties are in a residential community north of Denton,TX. They are in Sanger, TX, off I-35. Single family residential surrounds the properties.

Package price is $1,650M.....
Owner is getting $1600 per unit, $3200 per duplex and $38,400 annual rent. Some other units getting $1650 in rents in the neighborhood.

Builder warranties in place.

Expenses per owner:
Taxes: $7,000 (you would budget higher, I would say $9,000 - 2.3% tax rate)
HOA: $55 per duplex (keeps the community in line with properties being maintained) $660 annual
Insurance: $1,500 (approximate)
Maintenance: Approx $500 per duplex (newly built and low maintenance).


With 25% down, these properties offer a long term stable investment with room to grow the rents. New builds, low maintenance.

Cash Flow Property List - JANUARY 2020 Edition - Texas

Texas Real Estate Commission Information About Brokerage

Thanks for visiting the DFW Investment Blog,

Welcome to 2020, I hope everyone had a great holiday season and ready for 2020. As I mentioned last year, the Texas market remains strong for growth and population increase. Multi-family property continues to be strong as rental rates have continued to increase. Pricing, as always, remains to be in flux. Properties priced in a 7+% Cap range typically sell pretty quickly and with multiple offers. Properties priced in the 5-6% Cap range will typically sit on market for longer periods of time. To get deals, YOU MUST MAKE OFFERS. Sellers are not typically getting their inflated list price, but will work offers that make sense.

I hope to do a better job of posting more “properties of interest” on the website with more detailed break down of data I have on hand and pricing that makes sense. As usual, for buyers on my list that are in BUY NOW MODE, I will send properties with break down as I see them come up for sale.

Let me know what I can do for you in 2020.

Below is the JANUARY 2020 update. Sellers looking to sell.


If you have specific parameters (area/property type/size/price/etc), please let me know.

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

JANUARY 2020 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 01/01/2020

0. 15 Townhome package in North Euless off Hwy 360 - $2M - Off Market (Great location).
1. Brand new 4-plexes and Duplexes south Dallas, next to Google Data Center - Ready 2020….Lots of Options, solid builder
2. New build 4-plex, Northwest Houston - Year 2018 - $689,000 - 6.9% Cap - Hot Area
3. New build duplexes in New Braunfels, north of San Antonio - $355K - decent selection
4. San Antonio 4-plex - $656,000 - Brand New Build
5. Denton Townhomes - packages of 7 and 10 - $1.5M - Newer build - Residential surroundings
6. 2 duplexes in Bastrop (outside of Austin) - $650,000
7. 9 Units in Denton, next to TWU - $975,000
8. 7 units in Krum - next to Denton - $875,000

HALF DUPLEXES
This is becoming a more popular option than town homes. Typically better locations, lower price and No HOA fees gets them to a better cash flow number. Also popular for those investors working the AirBnB model to achieve higher cash flow.

FLAT FEE MLS LISTING (100s of Internet Sites) - $150 – GREAT WAY TO LIST FOR SALE AND FOR LEASE PROPERTIES
I offer a Flat Fee MLS service to list your investment property or unit for rent on MLS. First listing is a flat $150 and each listing after is $125. 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 - 1% Listing Fee
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.



Texas Real Estate Commission Information About Brokerage

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).


Texas Income property, duplexes, 4-plexes, apartment complex, quad plex, quads, duplex, single family investment, Dallas Real Estate, Fort Worth Real Estate, DFW income property, austin duplexes, houston income property, san antonio duplexes

DECEMBER 2019 INVESTMENT PROPERTY LIST - TEXAS

Texas Real Estate Commission Information About Brokerage

Thanks for visiting the DFW Investment Blog,

Below is the DECEMBER 2019 update. Sellers looking to sell.


If you have specific parameters (area/property type/size/price/etc), please let me know.

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

DECEMBER 2019 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 11/30/2019

0. 15 Townhome package in North Euless off Hwy 360 - $2M - Off Market (Great location).
1. Brand new 4-plexes and Duplexes south Dallas, next to Google Data Center - Ready 2020….Lots of Options, solid builder
4. New build 4-plex, Northwest Houston - Year 2018 - $689,000 - 6.9% Cap - Hot Area
6. New build duplexes in New Braunfels, north of San Antonio - $355K - decent selection
14. San Antonio 4-plex - $656,000 - Brand New Build
16. Duplex in Central Plano, TX - $450,000
17. 8 unit MF in Bishop Arts of Oak Cliff - Location/Location - $1.1M
18. 24 units - built 2016 - Next to UNT in Denton - $3.5M
19. Walk to Baylor - 12 units in 2 buildings - Year 2015 build - $935,000
20. 13 Units in San Marcos - Close to Texas State University - $1.59M - stays near 100% Occupancy
23. 16 Unit - High End - Next to Northgate and Texas A&M - Great Location - $2.5M
25. 8 Class B Garden Homes - Great North San Antonio location - $725,000
29. Off market duplex in Old East Ft Worth - $199,000 - both units on new 1 yr leases at $995 per month
31. 19 unit new builder Apartment Complex - Denton, TX - next to UNT. $3.55M - 5.4% Cap
32. 9 duplexes, 18 units in Kileen, TX (NW of Austin) - Large Military Base - Built 2014 - $1.935M
35. 7 units in Krum - next to Denton - $875,000

HALF DUPLEXES
This is becoming a more popular option than town homes. Typically better locations, lower price and No HOA fees gets them to a better cash flow number. Also popular for those investors working the AirBnB model to achieve higher cash flow.

FLAT FEE MLS LISTING (100s of Internet Sites) - $150 – GREAT WAY TO LIST FOR SALE AND FOR LEASE PROPERTIES
I offer a Flat Fee MLS service to list your investment property or unit for rent on MLS. First listing is a flat $150 and each listing after is $125. 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 - 1% Listing Fee
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.



Texas Real Estate Commission Information About Brokerage

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).


Texas Income property, duplexes, 4-plexes, apartment complex, quad plex, quads, duplex, single family investment, Dallas Real Estate, Fort Worth Real Estate, DFW income property, austin duplexes, houston income property, san antonio duplexes

MID NOVEMBER 2019 INVESTMENT PROPERTY LIST - TEXAS

Texas Real Estate Commission Information About Brokerage

Thanks for visiting the DFW Investment Blog,

Welcome to Mid November. Below is the MID NOVEMBER 2019 update. Sellers looking to sell. Pricing is still high...You need to make offers. Sellers need to see they are overpriced 10-15%. Might take making a few offers to find right deal, but deals are getting done that way.


If you have specific parameters (area/property type/size/price/etc), please let me know.

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

MID NOVEMBER 2019 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 11/14/2019

0. 15 Townhome package in North Euless off Hwy 360 - $2M - Off Market (Great location).
1. Brand new 4-plexes in New Braunfels, great location, 3 bed units - $725,000
2. 4-plex in Weatherford - Complete Hands Off - HOA runs it all - Owners Split All
3. 8 duplex package on same street in North Dallas - Currently overpriced but been on market a long time - Offer Time...
4. New build 4-plex, Northwest Houston - Year 2018 - $689,000 - 6.9% Cap - Hot Area
5. 7 unit MF - New Build - East Dallas - $1.3M - Vacant - Owner guaranteeing first year rents
6. New build duplexes in New Braunfels, north of San Antonio - $355K - decent selection
8. 22 units - Townhome style - next to Sam Houston St Univ - 7.8% Cap - $3.7M - newer build
10. 12 unit apartment complex - College Station (Texas A&M) - $1.555M
13. 4-plex in College Station - on the bus route - $345,000 - $2,975 monthly rent
14. San Antonio 4-plex - $656,000 - Brand New Build
16. Duplex in Central Plano, TX - $450,000
17. 8 unit MF in Bishop Arts of Oak Cliff - Location/Location - $1.1M
18. 24 units - built 2016 - Next to UNT in Denton - $3.5M
19. Walk to Baylor - 12 units in 2 buildings - Year 2015 build - $935,000
20. 13 Units in San Marcos - Close to Texas State University - $1.59M - stays near 100% Occupancy
23. 16 Unit - High End - Next to Northgate and Texas A&M - Great Location - $2.5M
25. 8 Class B Garden Homes - Great North San Antonio location - $725,000
28. 24 units - New Build MF - Denton - next to UNT - $4.9M
29. Off market duplex in Old East Ft Worth - $199,000 - both units on new 1 yr leases at $995 per month
31. 19 unit new builder Apartment Complex - Denton, TX - next to UNT. $3.55M - 5.4% Cap
32. 9 duplexes, 18 units in Kileen, TX (NW of Austin) - Large Military Base - Built 2014 - $1.935M
33. 8 Unit apartment complex in South Austin - $1.965M - 5% Cap - Some units renovated (another 6 unit next door for sale at $1.728M
34. 16 unit apartment complex in Arlington, next to UTA campus
35. 7 Unit MF in Krum - $875,000 (next to Denton)

HALF DUPLEXES
This is becoming a more popular option than town homes. Typically better locations, lower price and No HOA fees gets them to a better cash flow number. Also popular for those investors working the AirBnB model to achieve higher cash flow.

FLAT FEE MLS LISTING (100s of Internet Sites) - $150 – GREAT WAY TO LIST FOR SALE AND FOR LEASE PROPERTIES
I offer a Flat Fee MLS service to list your investment property or unit for rent on MLS. First listing is a flat $150 and each listing after is $125. 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 - 1% Listing Fee
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.



Texas Real Estate Commission Information About Brokerage

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).


Texas Income property, duplexes, 4-plexes, apartment complex, quad plex, quads, duplex, single family investment, Dallas Real Estate, Fort Worth Real Estate, DFW income property, austin duplexes, houston income property, san antonio duplexes