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Updated about 9 years ago on . Most recent reply
North Fort Worth single family investing
Hi BP members,
I am a huge fan of y'all and admire all the real estate knowledge sharing happening here.. (also big fan of podcast, thanks Brandon and Josh - you guys are doing an amazing thing here)...
I am starting out with a single family home where I plan to stay for few years and then move out or may be pay it off. Currently I have a house in contract in a community on hwy 114 which is 4 miles west of Texas motor speedway (zip 76247) and north of Alliance airport. This house falls under my budget of 155K and is almost brand new.
Being investing for the first time in life I am little nervous about following:
- The house is in Fort Worth city limit and comes under zip code 76247 (Justin, TX). So the question is - being too far north Fort Worth would it get city municipal services as frequent in metroplex?
- Not much familiar with DFW development history - does the area has future development prospects?
- The house is very close to Northwest ISD schools - elementary, middle and high school are within 0.5 miles. Nearest grocery stores are few miles away in Roanoke and near Alliance shopping area. But being little remote when its time to rent the house or sell off would it be a good potential?
Thank you,
Most Popular Reply
I would also recommend north Fort Worth and Watauga. I just bought a property and it leased quickly via Postlet. Just make sure you buy in locations with easy access to highways. People want to have access to Fort Worth without paying Fort Worth prices.