Wow Inspiring me, im also intersted in RE i just turn 19 and in Dallas.

Lower taxes, lots of acreage available, more pleasant weather.Get a TX map and look west of SAT around Bandera/Medina, draw a line from there north that parallels Interstate 35, to about San Saba.

I have a property in collinsville that might interst you.

.*** Street: 2 Minutes North of Congo Exit off I-30 (Extremely Easy Access To Interstate) City: Benton Zip: 72019 3 Bed / 2 Bath / 2 Car Garage 1,440 sqft Built in 2005 MY ARV Estimate: $104,000 - $110,000 Zillow Zestimate: $115,000 Condition: "Great" - (Seller states move in ready, but it's still sight unseen at the moment.)

Right off the interstate, tucked up in an industrial zone, and across the street from the Kearney Police station.

There are back roads without getting on the interstate you might could use when you live here to avoid traffic jams and go to work and home at regular hours.

It is semi rural acreage 1 mi from interstate. 100 ft wide x 600 ft .

Mainly transportation.We've got a deep water sea port, multiple interstate freeways, rail lines, and an airport that will take an USAF C-5 Galaxy heavy lift transport plane.  

Here is what the prospective property for the case study is like:Large commercial Big Box retail property (its a BIG place) Located in the suburbs of Des Moines, Iowa Des Moines is one of the most up and coming business hubs in the country and is bustling with growth.Former American TV and Appliance storeThey are the current owner and went out of business in this location about 5 months agoDirectly off the interstate (I 80 35)*** FUN FACT - Des Moines is the only place in the nation where Interstates 80 and 35 conjoin ***Directly across from a business parkIncludes a hotel, restaurants, office space, a movie theatre, grocery store, barsNear residential neighborhoods as well (adjacent to my house)Here are some of the numbers on the property:Asking Price: $7.2 MPrevious Sales Info: Sold in 2013 for $5,310,500146,003 Total Square Foot$49/SF10.21 AcresYear Built: 2000Current Assessed Value: $9.2 MCurrent Tax Information: $371,976 annual payment (EXPENSE)Water Payment Information:Summer Months: $3000 (EXPENSE)Winter Months: $400 (EXPENSE)TOTAL EXPENSE UTILITIES: $450,890AVERAGE RETAIL RENT - DES MOINES METRO: $12.32 / Square Foot / YearPROSPECTIVE PROPERTY AVERAGE ESTIMATED RENT: $1,798,756 / YearESTIMATED CAP RATE: 25%Based on previous sales price during 2013 of $5,310,500I wanted to first of all make sure I calculated these numbers correctly and wanted to get more opinions on what these numbers are like for a property like this and if anyone here has had any experience with a similar property.Thanks for all your help BP!

Conveniently located close to interstate and shopping.