Anybody investing in Greenville TX ?

[Jesse Barahona]

Anybody investing in Greenville TX ? Been hearing a long of “growing” opportunity in Greenville, wanted to get some of yalls opinion on the matter. How much growth can we expect ? And how soon will this happen ? I’ve been looking at properties out there and I’ve seen really great prices, just a little concerned about the area.

[Jon Klaus]

Hi Jesse, I have several Greenville properties  I think the long-term outlook is very good, as growth out interstate 30 continues. I wouldn’t call it booming quite yet, but I do expect to see accelerated growth over the coming decades.  

Cash flow can be a better than in the closer DFW suburbs.  I would not be afraid of the edge towns around the major Texas metros. The macro trend for Texas is growth at about double the rate of the rest of the US, and some of the suburbs are growing even faster.  Greenville is not growing as fast as some, but it will come as DFW moves from 7.6 million to 10 million and beyond in the coming years.