Wednesday, July 28, 2021

AUGUST 2021 - Duplexes, Quads, Commercial Multi-Family Property Update

 NOTE: Please visit the  http://investdfw.blogspot.com/ - I keep posting additional properties on the website.



Below is the AUGUST 2021  property update. A handful of new listings to review. It's slowing down a bit and that is usual for this time of Summer. Still deals getting done, if something looks interesting, let me know and will dig into it.

Short list of cash flow property below (FULL LIST available at http://investdfw.blogspot.com/).
 
 
AUGUST  2021  PROPERTY UPDATE









OTHER PROPERTIES FOR SALE –  Updated 7/29/2021
 
STILL VERY SLOW ON THIS LIST…...
     
  
 
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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Wednesday, July 14, 2021

MID JULY - INVESTMENT PROPERTY UPDATE - DUPLEXES, QUADS, COMMERCIAL MF

 NOTE: Please visit the  http://investdfw.blogspot.com/ - I keep posting additional properties on the website.


Below is the MID JULY investment property update. Starting to see some "stale" listings - especially on the commercial side that would be open to negotiation. Longer on market, it might just take the right offer.

Short list of cash flow property below (FULL LIST available at http://investdfw.blogspot.com/).
 
 
MID JULY  2021  PROPERTY UPDATE








OTHER PROPERTIES FOR SALE –  Updated 7/15/2021
 
1.  10 Units in Ennis, TX - growing area, solid investment

THIS AREA OF OFF MARKET AND OTHER SELLER DATA HAS BEEN SLOW. COMMON IN THE SUMMER…...
     

 
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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Tuesday, June 15, 2021

MID JUNE - Duplexes, Quads, Commercial Multi-Family - Updated List

 I hope everyone’s Summer is off and running. Below is the MID JUNE 2021  property update.  I’ve seen in increase in duplex inventory, quad inventory remains very low and overpriced. Commercial Multi-Family is holding steady. With any of these, showing a strong buyer with good lending in place is key to begin negotiations with a seller. Sellers want to know the buyer is serious and lending is locked in.


Short list of cash flow property below (FULL LIST available at http://investdfw.blogspot.com/).
 
 
MID JUNE  2021  PROPERTY UPDATE










OTHER PROPERTIES FOR SALE –  Updated 6/15/2021
 
     1.        Off Market Duplex - SW Arlington, Great Area. 3/2/2 - $400,000 - One unit $1,500 - other unit vacant, updated
     2.        Sanger duplexes - $465,000 per…. Year 2018/2019 builds
     3.       5 newer build townhomes - Great North San Antonio area. Properties on popular running trail. $9,200 monthly rental revenue - $1.55M
     4.       14 units in Denton next to UNT - $1.4M
     5.        20 units, updated in Tyler - $2.35M - good unit mix of 2/1, 2/2, 3/2
     6.        6 units in Central Ft Worth - small commercial MF….Great Location - Don’t have price yet
     7.        3428 W 6th (listed in Commercial Link above) - Great Location on this property - still overpriced at $849K. Worth keeping an eye on or bring a low offer to see if seller will  entertain. Very good area.
  


 
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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Thursday, May 13, 2021

MID MAY - Updated List for Duplexes, Quads & Commercial Multi-Family

Thanks for visiting the Texas Investment Real Estate site. Always happy to answer questions.....

Below is the MID MAY 2021  property update.  


Short list of cash flow property below (FULL LIST available at http://investdfw.blogspot.com/).
 
 
MID MAY 2021  PROPERTY UPDATE










OTHER PROPERTIES FOR SALE –  Updated 5/14/2021
 
     1.        Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - ($435,000 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
           6.        TCU area - New Build Townhouses - $400K - 3 bed units
           8.        Brand new Townhome Community for 55+ age group - $900K for 5 units
          11.        TCU Rental home - $500,000 - Long term lease - $3,100
          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.
          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.


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Friday, April 30, 2021

MAY 2021 - DUPLEXES, QUADS, COMMERCIAL MF - UPDATE

Below is the MAY 2021  property update.  Still a tough market on offers. Buyers are differentiating themselves by paying for Seller Title Policy, signing appraisal waivers and closing as fast as possible.  

 
MAY 2021  PROPERTY UPDATE








OTHER PROPERTIES FOR SALE –  Updated 5/1/2021
 
     0.       8 unit property in New Braunfels - great area, high growth - $949,000
     1.        Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.7M ($432,000 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.        Brand new Townhome Community for 55+ age group - $900K for 5 units
          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.


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Wednesday, April 14, 2021

MID APRIL - TEXAS - Duplexes, Quads, Comm MF Update

 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
 
     0.       8 unit property in New Braunfels - great area, high growth - $949,000
     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.




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Thursday, April 8, 2021

TWO Duplexes - COMING SOON - For Sale - Fort Worth and Waxahachie

 Two duplexes coming to market. Waiting on final photos.


Duplex # 1 - 76134  (South Ft Worth). Easy access to I-35 and I-20. 


Year 2015 build - each unit is 3 beds, 2 baths, 1 car garage. Very clean. Street of duplexes that stays rented.


Current rents are $1,100 and $1,110  ($2,210 gross) - current street market rents are $1,250 per unit.


List price will be $289,900.



Duplex #2 - 75165 - Waxahachie - Right off I-35 - high growth area and lots of renters.


Year 1984 build - each unit is 2 beds, 1 bath.


Current rents are $875 (long term tenant) and $1050 - $1,925 gross


List price will be $249,900.


I expect to have these listed by the weekend with photos. Please email with any questions.


Thanks.


Jim

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