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Updated over 6 years ago on . Most recent reply

User Stats

90
Posts
8
Votes
Michael H.
  • Dallas, TX
8
Votes |
90
Posts

Quadplex in Upscale part of Dallas

Michael H.
  • Dallas, TX
Posted

My wife and I recently moved to Dallas, TX. We love the area and want to purchase a primary residence within a year. We love the idea of "house hacking". However, we want to live close to the city that is more upscale. We really like Highland Park area. Over the weekend, we drove by this property. It is a $1.2mm quadplex. From a cash flow perspective, this property will never work. However, are there any special scenarios where this might be a good investment? Appreciation or just having someone pay a portion of your mortgage?

https://www.realtor.com/realestateandhomes-detail/3428-Potomac-Ave_Dallas_TX_75205_M87614-21458

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