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Updated about 1 year ago on . Most recent reply

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Ali Radoncic
  • Real Estate Agent
  • Dallas, TX
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A B C D Class areas in Dallas

Ali Radoncic
  • Real Estate Agent
  • Dallas, TX
Posted

What areas within Dallas would you consider to have c+ properties in B class areas?  I realize its a bit subjective, but just wanted to see some feedback from experienced land lords

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Jay Hurst
#2 Creative Real Estate Financing Contributor
  • Lender
  • Dallas, TX
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Jay Hurst
#2 Creative Real Estate Financing Contributor
  • Lender
  • Dallas, TX
Replied
Quote from @Bruce Lynn:

Great question....tough one though.  I would think parts of Richardson and Plano.  Perhaps south Irving.  Little Forest Hills in Dallas, L Streets in Dallas, maybe areas around Junius Heights in Dallas.  Plenty of places in Oak Cliff.   I'm still out on West Dallas, but WOW are there are a lot of people willing to take that bet it appears.  Lots of new homes being built in the area that is probably D area.  Sherman might fit that bill as well.

One thing I've been thinking about is the quality of city government and services.  Dallas proper is a concern for example with 1000 police officers short.  You call, they don't show up.  I expect some of the older cities will struggle.  Think about street repairs, water, sewer, gas lines.  School stock.  Do you want your kids to be cold or hot and distracted in old school buildings in older cities vs in newer nicer schools in newer cities.  Never seen any talk or research on this, but seems like kids might do better in school if the school is newer and in good repair and things work vs those that leak and fight temperature control and other issues.


 Northeast Dallas would fit this bill. So, Casa View area maybe. Lot of 50's boxes but value's are starting to rise as every where in closer east Dallas has already gotten very pricy. Lochwood, more or less the neighbor closer in but  are generally nicer  houses are going for 300+ a foot. Still get 150-180 in Casa View. 

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