Category Archives: Texas Properties

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达拉斯购买投资房: 8月投资总结

本月我们帮助了8位投资者在达拉斯购买投资房 – 以下是一个快速的亮点描述：

  1. 一栋在曼斯菲尔德（MANSFIELD）的4卧室3浴室的房屋

客户：当地的投资者

这是一个有趣的例子 – 这栋物业位于曼斯菲尔德，学生就读庞德小学，事实上，这所学校就在这栋房屋的对面。这栋房屋1,900平方英尺，它最大的优势是有3个完整的浴室。第四间卧室里面有一个完整的浴室 – 它基本上是一个客人套房。所以这个物业吸引了不少买家，因为即使是较大的房屋也很少找到带3间浴室的物业。交屋后，我们决定做些装修。我们刚刚完成对物业的装修，我们用层压地板（LAMINATE FLOOR）代替了客厅里的地毯，我们还用层压地板代替了厨房里的VINYL FLOOR，装修后，这个房子看起来真的是面貌一新。最后达到的租金是1800一个月，租给2个教师。

  1. 一栋在伯利森（BURLESON）的3卧室、2浴室的物业

客户：北加的科技公司员工

八月份我们在伯利森出售了3栋房屋。第一栋售价在15万美元左右，大约1,400平方英尺，建于20世纪70年代，房屋确实保养良好，以前的业主将所有的窗户改为节能窗户。後园宽敞，但涌有几颗漂亮的大树，我们不得不砍掉一些树枝，因为它们过度生长，总体而言，这是一个良好和建设完善的社区，我们有幸在一个星期内以$1,490美元把这栋房子出租给一对年轻夫妇。我们不需要为我们的客户做很多改进，只是一些小小的修饰、蒸汽清洁地毯、也改变了一些空调组件，这个房屋与到最大的问题是夏天天热，虫子特别多，所以找了公司做了2次喷药。

  1. 一栋在加兰的3卧室、2浴室物业

客户：澳大利亞的投资客

这是一个有趣的项目，它的定价低于市场价格，但它需要大量的工作。当我们第一次检查该物业时，我们预测存在潜在的屋基问题，所以我们安排了下水道检查。有趣的是，下水道被以前的业主之一更换，而目前的卖家并不知道下水道被更换过，所以省了不少费用，最后只有一小部分需要修理，因为它被树根破坏了。前院的大树随后被拆除，以防止下水道进一步被损坏。其余的更新主要是装饰性的，我们重新粉刷了整栋房子，更换了客厅和厨房的灯具，并更换了一些区域的地板。我们拥有不少澳大利亚的客户，因为我本身也是从澳大利亚搬来的，澳大利亞不少客户是将资金从他们的个人退休金提出来美国买房投资。

Thomas Su

Keller Williams Realty – Dallas Preston Road

Email: rwpglobal@gmail.com

Phone: (469) 347 1839

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Dallas Fort Worth (DFW) – Investment Summary

August was a huge month for us, with a lot of clients visited us from California, Canada, Idaho, Seattle and Michigan. In August, we helped 8 clients investing in DFW area, here is a quick summary on what they had done:

  1. 4 bedroom, 3 bathroom property in Mansfield

Investor: Local investor

This is an interesting case study for other investors to consider – this property is located in Mansfield location attending Ponder Elementary, in fact, the school is right across this property. It is a 1900 sqft home, and the biggest advantage is it has 3 full bathrooms. The layout is really, the 4th bedroom has a full bathroom inside – it’s basically a guest suite. It is rare to find a 3 bathroom property even for larger homes these days. We have just finished renovation to the property, we replaced living room carpet with laminate floors, and we also replaced kitchen vinyl areas with laminate floors, the transformation was really nice, with a fresh look. Property was purchased below $200,000 in total and rent was $1800 a month.

  1. 3 bedroom, 2 bathroom property in Burleson

Investor: Californian Investor

We sold 3 homes in Burleson in August. The first one was sold at around $150,000, it is a around 1400 sqft, built in 1970s, it was really well kept, and previous owner changed all the windows to energy efficient windows. The yard was really nice, and we had to cut back some tree limbs as they were overgrowing, overall, it is a nice and well established neighborhood, and we were fortunate to rent this property out at $1490 within a week to a young couple. We didn’t need to do much improvements for our client, it was just some touch ups, steam clean carpet and changed some HVAC components to improve efficiency.

  1. 3 bedroom, 2 bathroom property in Garland

Investor: Australian investor using his self-superannuation fund

This is an interesting project, it was priced below market price, but it needed a lot of works. When we first inspected the property, we predicted potential foundation issues, so we arranged sewer line inspection from plumber. Interestingly, the sewer line was replaced by one of previous owners and current seller has no idea that this was replaced, so only a small section needed to be repaired, as it was damaged by tree roots. Big tree in the front yard was removed subsequently to prevent further damages to sewer line. The rest of updates were mainly cosmetics, we repainted the whole house, changed light fixtures for living room and kitchen, and changed flooring in some areas. We did find a tenant paying $1750 a month to lease this property, he signed 3 year lease with my client.

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达拉斯-沃思堡大都市（DFW）十个投资地区

达拉斯-沃思堡大都市（DFW）十个投资地区 达拉斯正在蓬勃发展，你会一直不断地听到这个消息。该城市以前所未有的速度增长，每天都有家庭搬迁到这里。房地产投资者也青睐达拉斯，达拉斯多年来一直是房地产投资者最受欢迎的目的地。我们的团队极力专注于帮助投资者，我们90％以上的交易都是帮助投资者在达拉斯-沃思堡大都市进行购买，以下是我们的投资者在过去两年中所购买的地方的总结。

  1. 布兰诺(PLANO)

    (PLANO) 是一个很受欢迎的地区，因为很多人已经知道布兰诺。它有许多战略优势 – 持续的增长、优秀的学校评级、越来越多的公司迁移到布兰诺、增加的就业机会和便利将使布兰诺继续成为非常受欢迎的房地产选择。我们的客户在布兰诺西部和东部地区都有购买，布兰诺东部较老旧，其估值比布兰诺西部要缓慢。布兰诺东部的学校正在赶上西部的学校，许多金融行业的总部，特别是保险和技术公司，正在布兰诺东部扩张，这使得布兰诺东部正在成为一个非常受欢迎的投资地区。布兰诺东部的大部分物业建造于20世纪60年代至80年代，其中有些房屋需要进行大型装修，包括屋基修理和需要新的空调系统。這是很多華人投資的地段，從租金來看，並不是最好的選擇，但從地理位置來看，是個很值得投資的地帶。

    1. 弗里斯科 （FRISCO）

    弗里斯科（FRISCO）是德克萨斯州北部成功的另一个例子，该城市的人口在过去十年中增长了十倍。弗里斯科是一个拥有数百家总部的主要地区，每次我开车带我的客户查看四周正在进行的所有开发项目时，都给他们留下深刻印象，他们都想在那里购买物业。这是一个主要用于资本增长的地区，因为租金的增长并没有赶上升值。我今年已经向几名投资者发出警示，如果他们正在寻求租金收益，他们应该在别处寻找。尽管增长强劲，但随着越来越多的公司在此落户，信息技术和网络基础设施已经很好地为未来的扩张做好了规划，我仍然非常喜欢弗里斯科，并看好其进一步的潜力。FRISCO也是值得投資商業地產的一個好選擇。

    3 加兰 (GARLAND)

    加兰是一个混合的城市，您可以找到从7万美元到50万美元的物业。我们更专注于寻找15万美元至20万美元之间的机会。这些房屋足够体面，一些甚至拥有4间卧室，一些带3个浴室。加兰校区是一个有趣的校区，学生不被分配到特定的学校，居民可以到该地区的任何一所学校上学。加兰几个地区的学生也可以到理查德森校区上学，这些物业是加兰地区最受欢迎的物业。我的客户往往专注于火轮购物中心附近的物业，Firewheel Mall购物中心是加兰的中心，可方便前往所有就业中心和学校。我们通常不喜欢加兰的15万美元以下的物业，因为它们往往是位于您会遇到更多问题的地方，我们也远离经过布局或结构转换的物业，例如将车库转换为卧室、添加第二层楼或在物业的后面增加额外的日光浴室, 很多在原先格局上更改太多的房屋經常不好脫手。

    4 梅斯基特 （MESQUITE）

    梅斯基特在不同的价格范围内为客户提供多种选择，该市的租赁基础也非常强劲，这也是为什么它非常受投资者欢迎的原因。我们已经在梅斯基特出售了至少30栋房屋，我们没有在该地区找到租户方面碰到问题。该市距离达拉斯市中心只有很短的通勤路程，我们的租户在市中心、加兰、梅斯基特甚至布兰诺地区工作。梅斯基特市确实有更严格的租赁检查标准，您需要在租户搬入之前获得入住证明，否则城市可能会终止对租户的供水。這是要注意的風險，所以一定要在租戶搬進前把維修都做好，以免被斷水。

    5 罗利特 （ROWLETT）

    罗利特有两个部分，我们在罗利特的東邊地区出售了不少房屋，该地区与加兰接壤，距离火轮购物中心很近，该地区部分学生在加兰校区上学，另一部分学生在罗利特校区上学。我们发现这个地区在通勤方面比较方便，但选择非常有限，因为这是一个非常受屋主欢迎的地区。半岛一侧更靠近东部，需要穿越一座桥才能到达，那里的物业趋向于更宽敞、通常更新，前面有小湖或湖面景观。许多社区还配有社区设施，但因为在桥上所花费的行驶时间，单程通勤时间会增加20分钟。半岛一侧有不同的校区，除了加兰校区和罗利特校区之外，一些物业也被分配到罗克沃尔校区。ROWLETT的大部分房屋在80年代到90年代，甚至2000年代完成，整體來說沒有GARLAND和RICHARSDON的房屋的老舊。

    6 曼斯菲尔德 （MANSFIELD）

    曼斯菲尔德现在是我们对投资者最畅销的地区 – 曼斯菲尔德校区分布在多个城市 – 曼斯菲尔德、阿灵顿（ARLINGTON）和大草原（GRAND PRAIRIE）。曼斯菲尔德校区是一个高度认可的学区，是吸引新家庭的主要动力。曼斯菲尔德还位于主要就业中心的中心位置，包括阿灵顿、沃思堡和欧文/机场等地区，距离市中心30分钟通勤路程。价格范围有所不同，我们已出售从$145,000美元到24万美元的房屋，平均价格在20万美元左右。在20万美元的范围内，您可以买到一栋漂亮的房屋，大多较新，通常4间卧室，曼斯菲尔德的租赁也相当不错，租金从每月$1600美元到$2000美元不等。曼斯菲尔德划分为几个区域 – 曼斯菲尔德校区的大多数小学评估很高，他们的优质学校评级通常是10分中的8到10分。這是一個很多華人投資者不知道的地區，因為這附近並沒有太多華人的社區。住這的居民很多在航太業或是醫療業工作。

    7 阿灵顿（ARLINGTON）

    我们一直在选择性的阿灵顿地区购买，特别是那些就读曼斯菲尔德校区的著名细分社区。我们特别喜欢的一个地区是南风细分社区（Southwind Subdivision)，另一个地区就在街对面，叫做哈里斯交叉处(Harris Crossing)。我们也喜欢与曼斯菲尔德校区接壤的阿灵顿校区地区。总的来说，您可以在就读曼斯菲尔德校区的阿灵顿找到物有所值的物业，我们刚刚在就读莫里斯(Morris)和戴维斯(Davis)小学的阿灵顿出售了几栋物业，这些地区非常受投资者的欢迎，容易出租。我们的重点更多在于找到较小的房屋而不是大型豪宅。我們剛賣了一套23萬的房給一個投資者，整修後，每個月的租金達到2000，校區非常好，小學是10星的學校。

    8 大草原 (Grand Prairie)

    我们最畅销的地区之一是叫做米拉拉各斯(Mira Lagos)的细分社区，学生被分配到曼斯菲尔德校区(Mansfield ISD)，就读高度评价的科罗斯潘塞小学(Cora Spencer)。我们的团队在這幫投資者投資了不少房，最受歡迎的房型是單層樓，4臥，在1500到2200尺上下的房型。这是一个家庭尤其是专业人士需求旺盛的地区。许多住在这里的家庭就业于医疗行业、学校、航空航天公司。我们关注的另一个细分社区更向北，该地区也深受欢迎，因为他们离大草原地区的主要雇主缩短大约10分钟，这些雇主都是沿着360号公路，其中包括正在扩大其员工队伍的洛克希德·马丁。我们也喜欢半岛的科夫(Penningsula Cove)，这是一个高档邻里，但他们对出租物业有一个屋主协会限制。

    1. 沃斯堡西北部(Northwest Fort Worth)

    沃思堡是一个非常广大的地区，到目前为止，我们的重点一直集中在就读西北校区(Northwest ISD)的沃思堡地区，但不会向西太远，因为那样距离就业中心就会太远。我们客户正在购买的地区靠近Alliance Gatway Rd，接近海滩街(Beach Rd)。我们发现这些地区非常理想。随着许多公司搬到沃思堡，其中一些正在沿着联盟门户地区扩大业务。您仍然可以找到20万美元以下的机会，但这些通常是3间卧室的物业。4卧室、1层楼的物业是最受欢迎的式样，这是我们的客户一直在寻求的。航太公司LOCKHEED MARTIN的主要飛機裝配廠， F－35戰機的生產線在此，也因此造就了不少就業機會。

    1. 伯利森（BURLESON）

    伯利森是一个新地区，我们最近在此出售了很多物业。伯利森位于曼斯菲尔德和南沃思堡之间，地理位置屬於在3大工作地點的中間點，家庭花费相等的通勤时间和距离（30分钟以内）到沃思堡、阿灵顿或大草原（GRAND PRAIRIE）上班。价格范围也很合理，你可以花$16万美元买到一栋很不錯的房子。我们八月份在伯利森出售的房屋从14万美元到16万美元不等，我们以每月$1,390美元到$1,600美元出租这些房屋。这是一个很多投资者还不了解的地区，它不是一个大城市，所以选择往往有限，有時市場上連10個房源都沒有，但由于有很多家庭搬到该地区，这是一个有趣的投资地方。我們的租客群裡，有不少在BURLESON醫院工作。

Contact Us  

Thomas Su

Keller Williams Realty

Email: rwpglobal@gmail.com

Phone: (469) 347 1839

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10 Areas to invest in Dallas-Fort Worth Metroplex (DFW)

Dallas is booming, you will hear that in the news all the time, this city is growing in an unprecedented rate, with families moving here on daily basis. Real estate investors also love Dallas, and Dallas has been the most popular destination for real estate investors for many years. Our team is highly focused in helping investors, more than 90% of our transactions were helping investors to purchase in Dallas-Fort Worth Metroplex, here is a summary of where our investors had been buying over past 2 years.

1. Plano

Plano is a popular area because lots of people already know about Plano. Rental wise, it’s probably not the best area as it has appreciated a lot, but it has many strategic advantages – consistent growth, excellent school rating, ever growing number of companies moving to Plano, increasing employment opportunities and convenience will make Plano continue to be a very popular choice for real estate. Our clients are buying in both West and East Plano areas, East Plano is a much older side, and its valuation is slower than West side of Plano. Schools in Plano are now catching up to the Westside, and many financial headquarters especially insurance and technology companies are expanding in East Plano, this is making East Plano a very popular place to invest. Most properties in East Plano were built in 1960s to 1980s, some of them require major renovations, including foundation repairs, and new HVAC systems.

2. Frisco

Frisco is another example of North Texas success, its population increased tenfolds last decade. Frisco is a major area with hundreds of headquarters, my clients are impressed by the growth everytime I drive them to see all the developments happening around and they all want to buy a property there. It is an area mostly for capital growth, as rental growth is not catching up to the appreciation. I had warned several investors this year that they would need to look elsewhere if they are looking for rental yield. Despite of the strong growth, I still like Frisco a lot, and see further potential as more companies are setting up over there, and its IT & Network infrastructure is well planned for future expansions.

3. Garland

Garland is a mixed city where you can find properties from $70,000 to $500,000. We are more focused in finding opportunities between $150,000 to $200,000 range. These homes are decent homes, some even have 4 bedrooms, and some have 3 bathrooms. Garland ISD is an interesting ISD, where it is not assigned to a particular school, residents can attend any school within the area. Several areas of Garland also attend Richardson ISD, these properties are the most popular properties in the Garland area. My clients tend to focus on properties near Firewheel Mall, which is the center of Garland with easy access to all employment centers and schools. We generally don’t like properties under $150,000 in Garland as they tend to be areas where you have more problems, and we also stay away from properties that underwent layout or structural conversions – such as converting garage into bedroom, adding 2nd story or adding extra sunroom at back of the property.

4. Mesquite

Mesquite has many choices for clients at different price range, it also has very strong rental base, which is why it is very popular for investors. We have sold at least 30 homes in Mesquite and we never had issues in finding tenant for the area. It is within short commuting distance to Dallas downtown, our tenants work in Downtown, Garland, Mesquite and even in Plano areas. City of Mesquite does have more stringent rental inspection criteria, you need to obtain Certificate of Occupancy prior to tenants move in, otherwise, the City may terminate their water.

5. Rowlett

There are 2 parts of Rowlett, we have sold homes in the “mainland” area of Rowlett which borders Garland and within very short distance to Firewheel Mall, parts of these areas attend Garland ISD, another part attend Rowlett ISD. We found this area more convenient in terms of commuting, but choices are very limited as this is a very popular area for homeowners. The peninsula side is further east, which needs to cross a bridge to reach, properties over there tend to be larger, and often newer, and with lake fronts or lakeviews, many communities also have community facilities, but the commuting time will be increased by 10 to 20 minutes each way because of the travel time on bridge. The peninsula side has different school districts, in addition to Garland ISD and Rowlett ISD, some properties are also assigned to Rockwall ISD.

6. Mansfield

Mansfield is now our top selling area for investors – Mansfield ISD is spread across several cities – Mansfield, Arlington and Grand Prairie. Mansfield ISD is a highly recognized school district and is a major magnet to attract new families. Mansfield is also centrally located to major employment centers including Arlington, Fort Worth and Irving / Airport areas, and it’s within 30 minutes commuting distance to downtown. Price range varies, we have sold homes from $145,000 to $240,000, with average price at around $200,000. At $200,000 range, you can buy a nice homes, mostly updated and often 4 bedroom homes already, and rental has been quite good in Mansfield too, rent ranges from $1600 to $1900 a month. Mansfield is divided into several areas – majority of elementary schools in Mansfield ISD are highly rated, their Great School rating is generally 8 out of 10 to 10 out of 10.

7. Arlington

We had been buying in selective Arlington areas, particularly those prestigious subdivisions attending Mansfield ISD. One area we like a lot is Southwind Subdivision, another area is just across the street called Harris Crossing. We also like Arlington ISD areas that bordering Mansfield ISD areas. Overall, you can find good valued properties in Arlington attending Mansfield ISD, we had just sold several properties in Arlington attending Morris and Davis elementary schools, these areas are very popular for investors and easy to rent out. Our focus are more in finding smaller homes instead of large mansions.

8. Grand Prairie

One of our top selling areas is a subdivision called Mira Lagos, it is assigned to Mansfield ISD attending highly rated Cora Spencer Elementary School. Our team is now top selling agent in the area, this is an area that are in high demand from families, particularly professionals. Many families live here work for medical industries, schools, aerospace companies. The other subdivision we are focusing on is further north, which is also popular as they are about 10 minutes quicker to major employers in Grand Prairie areas, which are all along Highway 360, including Lockeed Martin which is expanding its workforce. We also like Cove at Peninsula which is an up-sacle neighborhood, but they do have a HOA limitation for rental properties.

9. Northwest Fort Worth

Fort Worth is a very big area, and so far, our focus have been focusing in Fort Worth areas that is attending Northwest ISD, but not too far west as that is too far from employment centers. The area our clients are buying are near Alliance Gateway, and close to Beach St. We found these areas quite desirable, and with many corporations moving to Fort Worth, many of them are expanding their operations along Alliance Gateway areas. You can still find opportunities under $200,000, but these are often 3 bedroom properties. 4 bedroom, 1-story property is the most popular style, and this has been what our clients have been seeking.

10. Burleson

Burleson is a new area where we had been selling a lot of properties recently. Burleson is between Mansfield and South Fort Worth, it’s location is centrally situated, families can go to work in Fort Worth, Arlington or Grand Prairie for equal distance of commuting time (within 30 minutes). Price range is also reasonable, you can get a nice home for $160,000. The homes we had sold in August in Burleson ranged from $140,000 to $160,000 range, and we leased them out from $1390 to $1600 a month. It is an area a lot of investors don’t know about it yet, it’s not a big city, so choices are often limited, but it is an interesting area to invest as there is a lot of families moving to the area.

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Recent Transaction – 3251 Fluvia Grand Prairie (Mansfield ISD)

This is a project we did last few weeks, this property is located in a beautiful subdivision called Mira Lagos. This is a very desirable neighborhood, close to excellent schools, lake and great facilities.

We always love 1-story, 4 bedroom properties, so we got this for our client. The property was already in pretty good condition, but we did some renovations including – change all carpet areas to floors, and repainted the whole property to 1 consistent neutral color.

3251 Fluvia, Grand Prairie, TX 75054

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達拉斯地產分析: 1714 Hope Town Dr Mansfield

地址：1714 Hope Town Dr Mansfield
4間臥室，2間浴室
偏向於曼斯菲爾德南部
售價：179,100美元
尺寸：1533平方英尺
$每平方呎：約118元每平方呎

Property Information

Click here.

視頻鏈接（複製並粘貼到您的瀏覽器）

這個視頻不是很清楚，因為所有者在場，我們只有5分鐘。

https://www.dropbox.com/s/9cy8n5nanfep6zm/File%20Feb%2005%2C%207%2058%2020%20PM.png?dl=0

關鍵分析

這個社區並沒有太多4間臥室的物業 – 而這個房屋可在1533平方英尺擁有4個房間，空間的運用非常的有效率。


這個區域分析

我在這個區域售出了6個物業，租金來說，我所出租去的房屋介於$ 1550到$ 1650之間。這個地區非常接近Legacy高中，它在曼斯菲爾德南部，Mary Jo Sheppard是一個非常受歡迎和良好的小學。

該地區有3所高中 – 它被分配給Legacy有很好的體育項目，Ben Barber是STEM，和Frontier是高成就和學術為重點的學生。

房屋的分析

該房有4間臥室。主臥室的空間很大的，以及主浴室的空間也很大，為這個房屋的特色。其他3間臥室也是標準尺寸的臥室。然而相對來說，客廳較小，用餐區是早餐區而以，無法放更大的餐桌。如果租客有較大的家具可能就放不下，房屋的光線較暗一些，廚房有效地利用省下不少空間。

後院很大，有一個棚子（PORCH）和儲藏室（SHED），還有足夠的空間。

房屋內部的狀況：大多數房間都是地毯 ，看來是年份不少，可能都要替換，廚房和餐區的地板可能也需要更新。屋頂的狀況需要檢查。

此摘要也將很快發佈到我的網站上，您也可以訪問我的網站www.myusasset.com了解其他信息。

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1714 Hope Town Dr Mansfield

Address: 1714 Hope Town Dr Mansfield
4 Bedrooms, 2 Bathrooms
More in southern part of Mansfield
Asking Price: $179,100
Size: 1533 sqft
$ per sq.ft = approx $118 per sqft
Inline image 1Inline image 2
 
Property Information
Click here.
 
Video Link (Copy and Paste this to your browser)
 
This video is not very clear as owner was present and we only had 5 minutes.
 https://www.dropbox.com/s/9cy8n5nanfep6zm/File%20Feb%2005%2C%207%2058%2020%20PM.png?dl=0
 
Key Analysis
 
It is unusual to see a 4 bedroom property in this neighborhood – at 1533 sq.ft, it is a surprise to see a property can actually fit in 4 bedrooms.
 
Area Analysis
I sold 6 properties in this neighborhood, I was able to lease out properties between $1550 to $1650 range. This area is very close to Legacy High School, it is in further south of Mansfield, Mary Jo Sheppard is a very popular and good elementary school here.
The area has 3 high schools – it is assigned to Legacy which has very good sports programs, Ben Barber which is for STEM, and Frontier which is for high achievers and very strong academic focused students.
About This Property
 
This property has 4 bedrooms. The Master Bedroom is huge as well as master bathroom. The other 3 bedrooms are also standard sized bedrooms. However, the living room is smaller, and the dining area is the breakfast area, the kitchen is efficiently designed to utilize space fully. It is a very “efficient” property. 
 
The backyard is big, with a shed and a porch, and still has plenty of space. 
 
Condition: Carpets for flooring in most rooms – probably need to be changed as they look like they are original condition.
Roof: Original (10 years old), this needs to be inspected.
 
This summary will also be posted onto my website shortly, you can also visit my website www.myusasset.com for other information. 
 

I do have the Floor Plan and SD for this property.

Thomas Su
Realtor
Keller Williams Realty
(469) 347 1839

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Property Blog – 605 Bushdale Dr Arlington

I went to check out 11 properties today – I have selected some for you.
 
605 Bushdale Dr Arlington
This is in Mansfield ISD – attending Mansfield ISD.
This is attending Brown Elementary
 
 
This is Southwind Addition, one of the hottest areas in Mansfield ISD areas.
 
Property Information
Click here. 
 
Video Link (Copy and Paste this to your browser)
 

Key Analysis
 
Main Points: As some of you know, I had sold many homes in Southwind Addition, and this area continues to be my top selling area – I sold 6 properties in this area last 2 months, and I had leased out properties at $1750, $1820, $1850 range.
 
Asking price is around $228,000 @ $120.13 per sq.ft, I thought this maybe a little bit high for a 3 bedroom homes, but this area is very high in demand.
 
I am hoping to achieve similar rent as other ones I had listed which were in $1800 range on average. I think it maybe able to achieve a bit higher if it is converted into 4 bedrooms by adding a closet. 
 
About This Property
 
This property has 3 bedrooms, 2 living areas. The 2nd living area can be potentially converted into a 4th bedroom which will increase the rentability. To do so, you add a closet to the 2nd living area, and it can be considered as 4th bedroom. 
 
Condition: Pretty Good, it is considered as move in condition.
Flooring: Tiles & Carpets – I always recommend change carpets to timber flooring, they are much more durable and lasts much longer.
Additional Feature: Backyard has a covered porch, lots of families like that in Texas
Roof: Original (10 years old), this needs to be inspected. 
 
This summary will also be posted onto my website shortly, you can also visit my website www.myusasset.com for other information. 

Thomas Su
Realtor
Keller Williams Realty
(469) 347 1839

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Analysis – 700 Richmond Dr McKinney

Hi All

I went to this property today, although it is well maintained and updated, I do feel price is a bit on higher side. That said, this area is selling like hot cakes (See Attached).
Inline image 1
See Photos
Analysis
1. Price – Looks like neighboring properties were sold more around $120 to $125 range, 1 was sold around $129, and one very small one was sold for $147 per sqft range.
2. School – This is in Prosper ISD – McKinney cuts into McKinney/Frisco/Plano/Prosper ISDs.
3. Rating – School rating is pretty good here, 9 out of 10
 
4. Rental – This has not been a strong rental market yet, most were leased out at around $1650 range to $1700 range, I will try to list at around $1800 range to test the market – as there were also very few properties rented out, so it depends what tenants are willing to pay.
 
5. Location – This is a bit further away from the main “McKinney” area, Prosper is a fast growing area, and families here go to work either in McKinney, Frisco, Plano, and nowadays, as Northern part of metroplex is also picking up, some families do work in Sherman as well.
 
6. 4 Bedrooms – As you know, I like 1-story, 4 bedroom properties – they do sell at premium, so it is likely this one will sell at listing price, and possibly even higher. 
 
7. Condition – Mostly updated, they did foundation repairs in the past and warranty will be transferred. Roof age was not disclosed. 
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Notes on 1905 Wahoo Dr Mansfield

These are my notes on 1905 Wahoo Dr Mansfiled, I sold a property nearby and was able to find tenants very quick, this is a high demand area.

Condition
1. Very much move in condition – carpets are clean
2. Layout – Open floor layout
3. Paint – all neutral color already which is really good
MLS

Click here.

Video Link