Duplex in uptown dallas tx

[Jake S.]

Hello,

I am a new investor looking to purchase my first duplex near the uptown area in dallas texas. I would like to live in one side and rent the other. I would greatly appreciate any advice or guidance.

Thank You

[Joe Butcher]

By Uptown I imagine you are speaking of Lemmon/Cole, West Village, Knox Street etc? I never thought of that as a duplex type neighborhood. Someone correct me if I'm wrong but it's mostly condo/townhome type buildings.

[Jake S.]

Yes somewhere within a few mile radius of the area (5 to 10 miles). I am brand new to the area and looking for a good spot to live rent free by renting the other half of a duplex out.

[Joe Butcher]

I see. In Dallas, a lot can happen in 5 miles....heck ,my neighborhood is awesome, but 1 mile from here....major difference.

If you are thinking duplex consider east Dallas, north of I-30.

[Jimmy Wilson]

I am curious about a brand new duplex being built in either Collin or Denton Counties. Do the brand new ones being built do well as investments in the northern suburbs?

[Jeffrey McKee]

Jimmy,

It would all depend on the price and rental income. I'm curious to know where these new builds are happening in Collin and Denton county? Regarding uptown i am not sure if there are duplexes, but condos are everywhere.

[Jimmy Wilson]

@Jeffrey McKee Look over in Princeton, TX on College ave.