investment pockets in Dallas surrounding area

[Peter Bocian]

Hi everyone, I have multiple investment properties in Phoenix but currently in Dallas for a few weeks and Im trying to get a feel and understanding on surrounding towns, suburbs/areas that may be at a good price point for future appreciation. Love to get feedback and connect with anyone knowledgable in this market. Thank you in advance!  

[Greg R.]

Hey @Peter Bocian thanks for starting this thread. I was just out in Richmond and Rockwall for about a week and a half (1 week ago). Up in those parts or town I was very disappointed with what I was seeing. Basically full on bidding wars and extremely low inventory. Perfect storm for generating over inflated prices for subpar properties. Even the FSBO and off market listings that I came across were significantly over priced. Don't forget about the property tax in TX. I don't know much about the Phoenix market, but I'm willing to bet taxes in TX are quite a bit higher than AZ.