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Dallas Real Estate Forum
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Updated over 8 years ago on . Most recent reply

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76
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Eduardo Zepeda
  • Real Estate Broker
  • San Francisco, CA
50
Votes |
76
Posts

In search of SFH and looking to connect with agent

Eduardo Zepeda
  • Real Estate Broker
  • San Francisco, CA
Posted

Hello everyone! I'll be visiting Dallas in early January to spend time with friends and also for some work related matters. I'm employed by a group that owns property in the Dallas/FW area, mostly commercial and industrial, that I'll be tending to while there. In anticipation of my trip, I've been doing research on the purchase of single family homes for a personal investment. After a fair deal of digging around, I've narrowed my search primarily to Hurst, Watauga, Bedford, McKinney, and Garland. These look good on paper based on a few preliminary factors, and I plan to better acquaint myself with the neighborhoods while I'm there. Per my research, these have solid/good school districts and have a median list price per square foot that I'd be interested in with the amount I'm able to invest. In terms of property type, I'm looking at 3-4 bedrooms with minimum of 1.5 bathrooms, although 2 full baths would be preferred (a typical house essentially). I would prefer something turn key or close to it with a minimal amount of work to make it rent ready. Since it will be a rental, checking the 1% box would be ideal, but I know that current market conditions make this a more difficult feat, so I'm okay with deals that fall a bit shy of that. I would welcome your insight, input, or experience as it may relate to these neighborhoods, as well as any tip you may have for a TX rookie like myself. Furthermore, I'd welcome the opportunity to connect with a residential agent familiar with these submarkets as well as a property management sngle professional or team.

Most Popular Reply

User Stats

160
Posts
78
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Brandon Richards
  • Investor
  • Flagstaff, AZ
78
Votes |
160
Posts
Brandon Richards
  • Investor
  • Flagstaff, AZ
Replied

They are all very good areas, however the first 4, especially Mckinney are a bit pricy and will be difficult to get 1%. Shoot for North Garland

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