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Updated almost 8 years ago on . Most recent reply
- Real Estate Investor/Agent and Web Developer
- Flower Mound, TX
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Rentals in Greyson County, TX
I'm looking at buying a rental in Sherman or Denison TX. The purchase price compared to rental prices seems to be right, providing about a 5-8% COC return with minimal to no rehab. Does anyone out there have experience in those or nearby cities? I live about an hour and a half away in Denton County and have little knowledge of the area.
Wondering if there are locals or landlords who could describe the community, job market, and rental industry.
Thanks everyone.
Most Popular Reply
#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
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#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
Ben, I have 3 investment houses up in Sherman, running the gamut from an ~1000 sq. ft. cheap one that I'll seller finance to a 5000 sq. ft. one that rents for $3,000 per month. It's a great rental/seller finance market, and growing fast. Happy to help if you have any questions.