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.
Thursday, March 4, 2021
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.
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
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.
Saturday, February 13, 2021
Texas Investment Property Update - MID FEBRUARY 2021
Below is the MID FEBRUARY 2021 property update. Please let me know any questions or specific property parameters you are looking for.
MID FEBRUARY 2021 PROPERTY UPDATE
OTHER PROPERTIES FOR SALE – Updated 2/14/2021
1. Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.660M ($415,000 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. REHAB PLAY - Two duplexes in Bishops Arts - across from park - $315k 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
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.
www.jgrealestatetx.com
Tuesday, February 9, 2021
Quad Plex on Lake Granbury - includes 4 boat slips
Newly listed property on Lake Granbury (West of Ft Worth). 4 units. Includes 4 covered boat slips. Seller said recent improvements made to property.
Unique in ON THE WATER and also able to walk to the Historic Granbury Square retail/restaurants.
They are asking $950,000. All units currently leased at $1675 per unit. Tenants pay utilities.
Long term, could be interesting to lease a couple of units at AirBnB (pending Granbury rules).
Tuesday, February 2, 2021
Texas Cash Flow Investment Property - Duplexes, Quads, Commercial MF - February 2021
Hello, hope all is well. Bitcoin is up and down, Reddit users are attacking Wall St…..what’s next? Real Estate remains a constant, especially in Texas. Pricing is higher but rates are lower. Deals still getting done. Inventory is in control allowing investors a stable investment vehicle.
Below is the FEBRUARY 2021 property update. Please let me know any questions.
FEBRUARY 2021 PROPERTY UPDATE
OTHER PROPERTIES FOR SALE – Updated 2/1/2021
1. Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.660M ($415,000 per) - Fast growing area, 15 minute drive the the crazy growth of Oklahoma Casino (Winstar) but in Texas.
2. AirBnB Duplex - Lewisville Lake - $575,000
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. REHAB PLAY - Two duplexes in Bishops Arts - across from park - $315k 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
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.
Thursday, January 14, 2021
MID JANUARY 2021 - Duplexes, Quads, Commercial MF List - Texas
I hope your 2021 is off and running. Starting to see new listings hit the market and talk of more. Pricing of course still to be determined but a much faster start than last year this time.
Below is the MID JANUARY 2021 property update. Please let me know any questions.
MID JANUARY 2021 PROPERTY UPDATE
OTHER PROPERTIES FOR SALE – Updated 1/15/2021
1. Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.660M ($415,000 per) - Fast growing area, 15 minute drive the the crazy growth of Oklahoma Casino (Winstar) but in Texas.
2. AirBnB Duplex - Lewisville Lake - $575,000
3. Brand new duplex community in Sequin, TX (south of Austin, off the Tollway where Tesla is building) - $380,000 per duplex - $2.850 rent per duplex
4. New 2-4 unit community - south of Mansfield, another high growth area - Duplexes - SOLD OUT - 4-plexes are $685K - (13 left) - Seasoned Builder
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 - Year 2018 duplex - Long Term Leases - $91,000 NOI - $1.5M - upside in rents scheduled to increase
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. REHAB PLAY - Two duplexes in Bishops Arts - across from park - $315k each (high but worth working)
11. Lake Granbury (West Ft Worth) - development opportunity - ON THE WATER - 3 Lots
12. 6 townhome units (year 2020 build) - Conroe area - $1,350M
13. 8 condo units, Magnolia area of Ft Worth (great area) - $2.4M (price too high) but worth a look, regular rental or AirBnB possibilities
14. 5 year 2003 townhomes on the Tobin Park Trail - $1.55M - one town home is 12,000 sqft, 3 story and could be split up to 3 units.
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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