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Updated over 8 years ago on . Most recent reply

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Alex Gordon
  • Fort Worth, TX
0
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7
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SFR Rentals in west Fort Worth

Alex Gordon
  • Fort Worth, TX
Posted

Hello All,

I am new to BP and also new to REI. I currently own a 3/2/2 SFR starter home in west Fort Worth, particularly White Settlement/Chapel Creek, in a great working class neighborhood. There are new homes going up all around, major highway road expansion just on the horizon, in addition to the Walsh Ranch being built just down the road. My question is whether anyone has experience with their own rentals in this part of town and whether there is a strong demand for them here. I bought my house in late 2012 at a great price and it has appreciated a good bit since that time. I have checked rentometer website for comps and feel pretty confident it will cash flow without yet running the hard numbers. I am considering starting my investment career renting my own home and then looking for a duplex to house hack as my next move. Thank you in advance for any replies and advice.

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208
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Tyler H.
  • Real Estate Agent
  • Fort Worth, TX
70
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208
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Tyler H.
  • Real Estate Agent
  • Fort Worth, TX
Replied

Yes, there is strong demand for clean, move in ready rentals, especially 3/2/2's in Brewer Schools, outside Loop 820 (Chapel Creek).

Good median rent range is $1195 and up, depending on location and condition.

If you happen to change your mind and consider selling, let me know, I have a retail client looking to buy in that area, all cash.

Best of Luck!

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