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Updated about 7 years ago on . Most recent reply

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Lalit K.
  • Campbell, CA
4
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35
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Zip codes recommendations for buying rental property in Dallas

Lalit K.
  • Campbell, CA
Posted

What are good Zip codes recommendations for buying rental property in Dallas? 

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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
4,460
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5,104
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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

Best zip codes can mean different things to different people.  I could tell you the highest appreciation is in the Park Cities, but then the minimum to get in is $1,000,000 and rents are probably in the 1/2% range.  That doesn't help you a lot if your budget is $100,000.   Since your question is pretty general, you might check out this article from DMN and Steve Brown who is our Real Estate reporter and a very good one in my opinion who has been doing it for a long time.  I think most of the time he is right on.  However there are lots of variables that can skew numbers too.   Here are some potential areas for you from some of these articles.

Flipping Zip Codes:

75216 Dallas

75224 Dallas

75241 Dallas

76106 Fort Worth

75232 Dallas

A Rated Zip Codes (maybe better for buy and hold or higher end flips):

75019 Coppell

76034 Colleyville

76092 Southlake

76226 Argyle

76244 Keller

75028 and 75022 Flower Mound

75078 Prosper.

75009 Celina

75454 Melissa

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