Viewing North DFW with microscope!!! & your comments please

[Naveen Desai]

Hi, 

   Having invested in Plano, TX between 2011 to 2013, I am not able to convince myself to buy there at current asking prices. However the region has potential and therefore now looking around, Carrollton, Farmer' Branch, Frisco, The Colony, Little Elm, Allen, McKinney and Lewisville.  Suppose there are properties in any of these cities- which one would you choose and why?

My preferences are below and want to see if it holds good. 

Frisco - definitely next best option to Plano and it is growing. Lots of new development moving this way. 

The Colony - Not too much heard of, but looks like mostly owner occupants. If i invest, will I be able to rent -or really have to advertise to rent.

Little Elm:  Sitting in the buld surrounded by lake, access into this region is limited, but properties vary from 200K to 1.5 mil range. Not sure if it is investors potential?

The Colony- Some new developments, some rehabbed properties, still an opportunity. My next bet after Frisco is here. 

Carrollton - Not great school districts like Plano, but also has some development coming up and in from airport toward Lewisville, this town is in good path for growth. 

Farmer's Branch - Alternative to Frisco, Plano.

Lewisville - Far from city. 

What do you have to say and where would you invest- if you are expecting appreciation- while renting out for few years? 

Appreciate your comments and time! 

Thanks. 

Naveen.