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Updated over 5 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • New Jersey
6
Votes |
18
Posts

Arlington TX 76014 zip code -does it have appreciation potential?

Account Closed
  • Rental Property Investor
  • New Jersey
Posted

Looking to buy a property in the 76014 Arlington TX zip code. 185Kish. 3BR 2BR. Is this area a bad play for long term buy and hold for appreciation? 

Most Popular Reply

User Stats

8
Posts
25
Votes
Michael S.
  • Dallas, TX
25
Votes |
8
Posts
Michael S.
  • Dallas, TX
Replied

I don't have a crystal ball, but if you want some backward looking data I can help. I bought a property in 76013 exactly 3 years ago for $140,000. It's probably worth about $160k today. About 14% in 3 years (~4.7% a year). My advice: make sure it cash flows. 

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