Feature Article: 10 x DFW Properties built after 2000

Here is a list of 10 properties under $125,000 to consider:

1) 9724 Checota Dr Dallas

Price: $105,000 (Original LP: $76,500!!)

Likely Price: Around $80,000 – some updates were done since original listing

Category: Residential Type: RES-Single Family Orig LP: $76,500
Area: 13/4 Also for Lease: N
Subdv: St Augustine Park Estates Lease MLS#: Lst $ / SqFt: $91.62
County: Dallas Lake Name:
Parcel ID: 00000626495720000 Plan Dvlpmnt:
Lot: 12 Block: 56714
Legal: ST AUGUSTINE PARK ESTATES NO 3
Multi Prcl: No MUD Dst:No Unexempt Taxes: $1,566
Bedrooms: 3 Tot Baths: 1.1 Liv Areas: 1 Stories: 2
Fireplaces: 0 Full Baths: 1 Dining Areas: 1 Pool: No
Sec Sys: No Half Baths: 1
SqFt: 1,146 / Tax Appraiser Name: Hdcp Am: No
# Gar Spaces: 1 Yr Built: 2004 / Preowned
# Carprt Spcs: 0 Cvrd Park: 1
Acres: 0.140 Lot Dimen: Will Subdiv: No
HOA: None HOA Dues:

1.9724 Checota Dr Dallas

Style: 3 Bedroom / 1.1 Bathroom / 1 car space

City: Dallas

Likely Rent: Approx. $900 to $1,000 per month – but depending on the school district.

Recommendation: Consider it if it is at lower price.

Crime Rate: Not Very Good – The Middle School had a shooting last week.

Please Click Here To See SpotCrime Map

2) 1133 Redman Ct Mesquite

Price: $107,900

This is a half-plex in Mesquite, very nice inside.

Rental: $1250 to $1300 per month as likely range

Category: Residential Type: RES-Single Family Orig LP: $107,900
Area: 5/9 Also for Lease: N
Subdv: Pleasant Ridge Ph 01 Amd Lease MLS#: Lst $ / SqFt: $68.16
County: Dallas Lake Name:
Parcel ID: 381590700A05A0000 Plan Dvlpmnt:
Lot: 5A Block: A
Legal: PLEASANT RIDGE PH 1 AMND BLK A
Multi Prcl: No MUD Dst:No Unexempt Taxes: $2,692
Bedrooms: 3 Tot Baths: 2.1 Liv Areas: 1 Stories: 2
Fireplaces: 0 Full Baths: 2 Dining Areas: 2 Pool: No
Sec Sys: No Half Baths: 1
SqFt: 1,583 / Tax Appraiser Name: Hdcp Am: No
# Gar Spaces: 2 Yr Built: 2005 / Preowned
# Carprt Spcs: 0 Cvrd Park: 2
Acres: 0.096 Lot Dimen: Will Subdiv: No
HOA: Mandatory HOA Dues: $30 / Monthly
Accessory Unit: Accessory Unit Type:

2. 1133 Redman Ct Mesquite_Front 2A.1133 Redman_Back 2B.1133 Redman_Living

3. 8618 Torreon Street, Dallas (3/2/2)*** (HOMEPATH)

Built in 2004. Listing Price: $109,950 This is a HomePath property so price is negotiable.

School: Dallas ISD

Crime Rate: Not too Good

Click Here For The Crime Map

Category: Residential Type: RES-Single Family Orig LP: $119,900
Area: 13/4 Also for Lease: N
Subdv: Coahuila Lease MLS#: Lst $ / SqFt: $71.03
County: Dallas Lake Name:
Parcel ID: 00633500040180000 Plan Dvlpmnt:
Lot: 18 Block: 4/633
Legal: COAHUILA BLK 4/6335 LT 18 INT2
Multi Prcl: No MUD Dst:No Unexempt Taxes: $1,546
Bedrooms: 3 Tot Baths: 2.0 Liv Areas: 1 Stories: 1
Fireplaces: 0 Full Baths: 2 Dining Areas: 1 Pool: No
Sec Sys: No Half Baths: 0
SqFt: 1,548 / Tax Appraiser Name: Hdcp Am: No
# Gar Spaces: 2 Yr Built: 2004 / Preowned
# Carprt Spcs: 0 Cvrd Park: 2
Acres: 0.115 Lot Dimen: Will Subdiv: No
HOA: None HOA Dues:

FRONT VIEW KITCHEN LIVING ROOM

4. 9983 Rio Doso Drive Dallas (4/2.1/2)

Listing Price: $110,000, Built in 2008. Not the best neighborhood, but lower crime rate compared to those in the further westside.

Click Here To See SpotCrime Map

Category: Residential Type: RES-Single Family Orig LP: $110,000
Area: 13/4 Also for Lease: N
Subdv: Parkway Village Ph 2 Lease MLS#: Lst $ / SqFt: $56.47
County: Dallas Lake Name:
Parcel ID: 00679800020500000 Plan Dvlpmnt:
Lot: 50 Block: 2/6798
Legal: PARKWAY VILLAGE 2 BLK 2/6798 L
Multi Prcl: No MUD Dst:No Unexempt Taxes: $2,924
Bedrooms: 4 Tot Baths: 2.1 Liv Areas: 2 Stories: 2
Fireplaces: 0 Full Baths: 2 Dining Areas: 1 Pool: No
Sec Sys: Yes Half Baths: 1
SqFt: 1,948 / Tax Appraiser Name: Hdcp Am: No
# Gar Spaces: 2 Yr Built: 2008 / Preowned
# Carprt Spcs: 0 Cvrd Park: 2
Acres: 0.079 Lot Dimen: Will Subdiv: No
HOA: Mandatory HOA Dues: $150 / Annual

FRONT OF PROPERTY REAR OF PROPERTY VIEW FROM FRONT DOOR TO THE DEN

5. 2704 Clemson Cir #A Rowlett

This is a half-plex in Rowlett, location and neighborhood are both good. The size of this half-plex is very big. This is over 1,700 sq.ft. Rent in Rowlett is increasing, this one should be over $1,300 per month. This property was built in 2003.

Category: Residential Type: RES-Half Duplex Orig LP: $114,900
Area: 8/1 Also for Lease: N
Subdv: College Park 02 Lease MLS#: Lst $ / SqFt: $66.53
County: Dallas Lake Name:
Parcel ID: 440012900E0440100 Plan Dvlpmnt:
Lot: 44 Block: E
Legal: COLLEGE PARK 2 BLK E PT LT 44
Multi Prcl: No MUD Dst:No Unexempt Taxes: $1,942
Bedrooms: 4 Tot Baths: 3.0 Liv Areas: 1 Stories: 2
Fireplaces: 1 Full Baths: 3 Dining Areas: 1 Pool: No
Sec Sys: No Half Baths: 0
SqFt: 1,727 / Tax Appraiser Name: Hdcp Am: No
# Gar Spaces: 2 Yr Built: 2003 / Preowned
# Carprt Spcs: 0 Cvrd Park: 2
Acres: 0.151 Lot Dimen: Will Subdiv: No
HOA: None HOA Dues:

5. 2704 Clemson Cir #A Rowlette

6. 1510 Cedarcrest Cir. Mesquite

Great fist time homeowner property or investment property. Price has been adjusted for work that is needed. Selling as is, seller will give buyer a $2000 carpet allowance.

Rent in this area goes around 0.75 to 0.80 per sq.ft – it can be around $1250 to $1,400 per month once the carpet has been changed and updated.

Category: Residential Type: RES-Single Family Orig LP: $125,000
Area: 5/11 Also for Lease: N
Subdv: Spring Ridge Estates Lease MLS#: Lst $ / SqFt: $69.75
County: Dallas Lake Name:
Parcel ID: 381982500B0030000 Plan Dvlpmnt:
Lot: 3 Block: B
Legal: SPRING RIDGE ESTATES PH 4 BLK
Multi Prcl: No MUD Dst:No Unexempt Taxes: $2,734
Bedrooms: 3 Tot Baths: 2.0 Liv Areas: 1 Stories: 1
Fireplaces: 1 Full Baths: 2 Dining Areas: 1 Pool: No
Sec Sys: No Half Baths: 0
SqFt: 1,706 / Tax Appraiser Name: Hdcp Am: No
# Gar Spaces: 2 Yr Built: 1999 / Preowned
# Carprt Spcs: 0 Cvrd Park: 2
Acres: 0.186 Lot Dimen: Will Subdiv: No
HOA: None HOA Dues:

6. 1510 Cedarcrest Cir Mesquite 6A. Kitchen

7. 237 Stoneridge Drive Mesquite (3/2/1)

Listing Price: $127,500

Likely Rent: $1,250 to $1,350 per month

Beautiful well cared for home! This home is ready for a new buyere and ready to be moved into! Built in 2000 and still in good condition, features 3 bedrooms 2 full baths and garage for 2 cars!! 3rd bedroom at front can be a study or hobby room! Kitchen features an open plan with dining area and has appliances such as stove,vent-a-hood & dishwasher! Nice fence yard makes this perfect for kids & parties!

Category: Residential Type: RES-Single Family Orig LP: $127,500
Area: 5/11 Also for Lease: N
Subdv: Idlewyld Place Ph 02 Lease MLS#: Lst $ / SqFt: $77.13
County: Dallas Lake Name:
Parcel ID: 381108900A0170000 Plan Dvlpmnt:
Lot: 17 Block: A
Legal: IDLEWYLD PLACE PH 2 BLK A LT 1
Multi Prcl: No MUD Dst:No Unexempt Taxes: $2,377
Bedrooms: 3 Tot Baths: 2.0 Liv Areas: 1 Stories: 1
Fireplaces: 0 Full Baths: 2 Dining Areas: 1 Pool: No
Sec Sys: Yes Half Baths: 0
SqFt: 1,653 / Tax Appraiser Name: Hdcp Am: No
# Gar Spaces: 2 Yr Built: 2000 / Preowned
# Carprt Spcs: 0 Cvrd Park: 2
Acres: 0.117 Lot Dimen: 51 x 100 Will Subdiv: No

7. 237 Stoneridge Dr 7A. Inside 7B. Living Room

8. 1953 Timber Oaks Dr Garland

Very spacious duplex, wonderful home or investment property. New carpets to be installed throughout. Kitchen appliances stay. Very well kept, more photos to come. Market rent: $1200 to $1300 a month.

Category: Residential Type: RES-Half Duplex Orig LP: $135,000
Area: 24/2 Also for Lease: N
Subdv: Centerville Duplex Add 02 Rep Lease MLS#: Lst $ / SqFt: $88.62
County: Dallas Lake Name:
Parcel ID: 26084360010190000 Plan Dvlpmnt:
Lot: 19 Block: 1
Legal: CENTERVILLE DUPLEX 2ND REPLAT
Multi Prcl: No MUD Dst:No Unexempt Taxes: $2,019
Bedrooms: 3 Tot Baths: 2.0 Liv Areas: 1 Stories: 2
Fireplaces: 1 Full Baths: 2 Dining Areas: 1 Pool: No
Sec Sys: No Half Baths: 0
SqFt: 1,467 / Tax Appraiser Name: Hdcp Am: No
# Gar Spaces: 2 Yr Built: 2004 / Preowned
# Carprt Spcs: 0 Cvrd Park: 2
Acres: 0.092 Lot Dimen: Will Subdiv: No

8. 1953 Timber Oaks Dr Garland 8A. Living Room 8B.Living Space

 

9. 1709 Quail Dr Garland

This one has been on market for many days, it is in a nice subdivision,spacious & open layout, the backyard needs some works. Likely Rent: $1300 to $1400 per month.

Category: Residential Type: RES-Single Family Orig LP: $133,000
Area: 24/2 Also for Lease: N
Subdv: Quail Creek 03 Lease MLS#: Lst $ / SqFt: $86.08
County: Dallas Lake Name:
Parcel ID: 26461500160150000 Plan Dvlpmnt:
Lot: 15 Block: 16
Legal: QUAIL CREEK 3 BLK 16 LT 15 INT
Multi Prcl: No MUD Dst:No Unexempt Taxes: $2,686
Bedrooms: 3 Tot Baths: 2.0 Liv Areas: 2 Stories: 1
Fireplaces: 1 Full Baths: 2 Dining Areas: 1 Pool: No
Sec Sys: No Half Baths: 0
SqFt: 1,545 / Tax Appraiser Name: Hdcp Am: No
# Gar Spaces: 2 Yr Built: 2002 / Preowned
# Carprt Spcs: 0 Cvrd Park: 2
Acres: 0.164 Lot Dimen: Will Subdiv: No

9. 1709 Quail Dr Garland 9A.Kitchen Area 9B_Living Space

 10. 1044 Cavern Dr Mesquite

Cozy home in the Hills at Tealwood! Open floorplan, split bedrooms, oversized family room, wood burning fireplace, spacious master with garden tub, separate shower, super clean, great starter home, easy access to highway 635, move in ready!

This is a nice subdivision of Hillwood, with many families moving here.

The rent is likely to be $1,300 to $1,400 per month here.

Category: Residential Type: RES-Single Family Orig LP: $135,000
Area: 5/15 Also for Lease: N
Subdv: Hills At Tealwood Ph 03 Lease MLS#: Lst $ / SqFt: $81.37
County: Dallas Lake Name:
Parcel ID: 382008000u0230000 Plan Dvlpmnt:
Lot: 23 Block: U
Legal:
Multi Prcl: No MUD Dst:No Unexempt Taxes: $2,652
Bedrooms: 3 Tot Baths: 2.0 Liv Areas: 1 Stories: 1
Fireplaces: 1 Full Baths: 2 Dining Areas: 1 Pool: No
Sec Sys: Yes Half Baths: 0
SqFt: 1,659 / Tax Appraiser Name: Hdcp Am: No
# Gar Spaces: 2 Yr Built: 2005 / Preowned
# Carprt Spcs: 0 Cvrd Park: 2
Acres: 0.170 Lot Dimen: Will Subdiv: No
HOA: Mandatory HOA Dues: $77 / Quarterly

10. 1044 Cavern Dr Mesquite 10a. Living Room 10b_Bedroom

 

Thomas Su

Realtor

Keller Williams Realty

18383 Preston Rd. Ste 150

Dallas, TX 75252, USA

Email: rwp1688@gmail.com

(469) 347 1839

 

Area Analysis: Richardson near UTD

The pocket near UTD (University of Texas – Dallas) is a high-in-demand areas for families and investors. This area has generally homes built in 1950s to 1970s, with occassional newer homes.

Key Analysis

1. Closer to some of the best school districts – JJ Pearce is one of the highly rated high schools in the DFW metro, and has attracted many families to relocate here when their children are ready to attend High School.

2. Good elementary & middle schools – there is a wide selection of good elementary and middle schools in this area.

3. Very close to UTD – which is also helping many students to select these areas, hence creating another rental market.

4. International students as investors – this area is attracting many international students looking for investment properties in the U.S. as the price is very reasonable, many international students will rent for one year and purchase a house nearby eventually.

5. Telecommunications corridor – this area is also near the “telecommunications corridor” of Dallas, which has been a rapid increase of companies moving their headquarters to the nearby business parks including both telecommunications, IT Services and seminconductor firms. Many families here work at nearby companies.

6. Popular for university employees- UTD is also a major employer in the area, many employees working at UTD are also looking for nearby properties for themselves.

As such – areas near UTD have been very popular for investors due to strong rental demand from 3 to 4 different target groups.

Opportunities are scare here as they are always in high demand, however, opportunities are possible both for condos and single family homes, as well as some selective land developments.

If you are looking for properties in these areas, please contact me for more information:

Thomas Su

Realtor

Keller Williams Realty

Email: rwpglobal@gmail.com

Phone: (469) 347 1839

Investor Story: Australian Investor in U.S. properties

USA is a wonderful place for investments and is attracting lots of Australian investors – many had bought multiple properties in the U.S.

This is a story about an Australian retiree

John is from Tasmania, Australia, he wants to build up a strong cashflowing portfolio for his children, this is impossible to achieve in Australia, so he had decided to switch to the U.S.

His strategy has been investing in properties in Ohio and Texas – the proportion is around 60% to 40% as cashflow is more important for him.

He owns 10 propertues in total:

1) Ohio properties are generating between 15% to 18% net income each year, though the growth rate is modest at around 1% to 3% each year.

2) We the structured his investments to contain higher growth prooperties in very good areas which are appreciating between 3% to 4%, though the net income is around 13% to 16%, these areas do attract better tenants.

3) In Dallas, Texas – we had helped him to invest in some duplexes which prices around $120,000 to $140,000, and cashflowing around 15% gross and nets around 10% each year.

4) Texas is a very fast growing area so their properties are appreciating beteeen 6% to 8% a year at moment, so the appreciation rate makes up the cashflow difference compared to Ohio.

He is very happy about the return as all the properties are providing positive cashflow as opposed to negative cashflow in Australia.

As USD had also gained strength, his portfolio had grown by more than 20% including the change in exchange rate and with strong income, he had achieved over 35% growth in his asset already.

These income become a very strong part of his cashflow every month as living costs continue to climb rapidly in Australia.

If you are looking for investment opportunities in the U.S. from Australia, please contact us for more information:

Thomas Su

Keller Williams

(469) 347 1839

Email: rwpglobal@gmail.com

Visit www.harbourviewcapital.com for Ohio Properties Information

Visit www.globalrealty.kwrealty.com for Texas Properties Information

Thomas Su is licensed through Keller Williams in Dallas Texas, he is a licensed realtor in the State of Texas. He partners with other teams in Ohio and specializes in finding high-income producing properties in Ohio for investors.