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Dallas Housing Market 2019: Home Prices, Trends & Forecasts

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How is The Dallas Real Estate Market 2019?

Real estate can be a worthy investment opportunity. With research, a plan and the right price, just about anyone can be a real estate investor. If you are looking at investing in the Dallas real estate market as a potential investment opportunity, you must read till the end.

Dallas real estate market offers some great profit-generating opportunities to all types of  real estate investors. Whether you’re buying your first income property or just adding another one to the portfolio, Dallas housing market is a great place to do so as it doesn’t get any more “location” than this.

Dallas has a strong economy and a constant population growth and will make your pockets bigger. As rents goes up smart investors should invest in Dallas real estate.

Purchasing an investment property in the Dallas real estate market, whether it a single family home or a multifamily apartment is an investment that can pay out some huge benefits in the event that you have some experience and education in real estate investing.

You have to know the best places to put your money in real estate so you must do some extensive research to find out the best neighborhoods in Dallas real estate market. There are a number of reasons to consider investing in the Dallas real estate.

Is Dallas going to be one of the hottest real estate markets for investors in 2019? To answer this question, let’s take a look at the latest Dallas housing market trends and find out the prospects of investing in the Dallas real estate in 2019.

Top Reasons to Invest In Dallas Real Estate

  • Population Expected to DOUBLE in Next 15 Years
  • Dallas is one of the leaders in the U.S. for employment and population growth.
  • 52.9% of Dallas rents vs. 33% nationally.
  • Newly remodeled REOs (2004 or newer).
  • Properties 5% – 15% below market value.
  • 3-year appreciation forecast of 11.4%.

Dallas Real Estate Properties For Sale

Dallas Real Estate Market Forecasts 2019 & 2020

Dallas Real Estate Market

Original Photo via Pixabay

The median home value in Dallas is $214,900 on Zillow. Dallas home values have gone up 16.9% over the past year and their Dallas real estate market prediction is that they will fall -9.2% within the next year.

The median list price per square foot in Dallas is $205, which is higher than the Dallas-Fort Worth-Arlington Metro average of $137. The median price of homes currently listed in Dallas is $379,900. The median rent price in Dallas is $1,618, which is lower than the Dallas-Fort Worth-Arlington Metro median of $1,695.

 

Dallas Real Estate Market Forecast

Graph Credits: Zillow.com

Dallas housing market in 2019 is shaping up to continue the trend of the last few years as one of the strongest markets in the United States. Despite some fluctuations in the market, demand and sales have continued to climb at a feverish pace for more than two years and show no signs of stopping.

Dallas Housing Market Forecast

According to LittleBigHomes.com, Dallas real estate market forecast for the 12 months ending with the 3rd Quarter of 2019 is positive. The Accuracy of the Trend Projection for Dallas is 82%. Accordingly, they estimates that the probability for rising home prices in Dallas is 82% during this period. If this Dallas Housing Market Forecast is correct, home prices in Dallas will be higher in the 3rd Quarter of 2019 than they were in the 3rd Quarter of 2018.

Dallas Housing Market Forecast 2019 – 2021

The forecast Dallas housing market forecast for the 3 years ending with the 3rd Quarter of 2021 is also positive. The Accuracy of the Trend Prediction for Dallas is 76%. Accordingly, LittleBigHomes.com estimates that the probability for rising home prices in Dallas is 76% during this period. If this Housing Market Forecast is correct, home values will be higher in the 3rd Quarter of 2021 than they were in the 3rd Quarter of 2018.

Check this page each quarter for updates to the Dallas Real Estate Market Forecast.

Dallas Real Estate Market Trends

Dallas real estate market trends show a 2% week-over-week rise in average listing price and a 3% rise in median rent per month. Trulia has 4,455 resale and new homes for sale in Dallas, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

Dallas Real Estate Market Trends

Graph Credits: Trulia.com

As per the real estate company named Redfin, the Dallas housing market is somewhat competitive. Homes in Dallas receive 1 offers on average and sell in around 32.5 days.

Homes typically receive 1 offer. Homes for sale in Dallas, TX sell for about 13% below list price and go pending in around 33 days. Hot Homes in Dallas, TX can sell for about 2% below list price and go pending in around 21 days.

Dallas Housing Market Statistics

Average Listing Price $563,152 (Trulia)
Median Rent Per Month $1,695
Homes For Sale 4,455 (Trulia)
Median Household Income $41,745
Home Owners 55%
Single Residents 35%
Median Age 33
College Educated 23%
Transportation 95% people commute by car, public transport available

There are 5,822 homes for sale, ranging from $9.9K to $29.5M on Realtor.com. 479 of which were newly listed within the last week. Additionally, there are 2,120 Dallas rental properties, with a range of $529 to $18,000 per month. In December 2018 the housing market in Dallas, TX was a balanced market, which means there is a healthy balance of buyers and sellers in the market.

Dallas Housing Market Trends

Graph Credits: Realtor.com

The median list price of homes in Dallas, TX was $350K in December 2018, trending down -5.4% year-over-year. The median listing price per square foot was $193. Homes in Dallas, TX sold for 9.89% below asking price on average in December 2018. On average, homes in Dallas, TX sell after 67 days on the market. The trend for median days on market in Dallas, TX is flat since last month, and flat since last year.

Dallas Housing Market Trend

Graph Credits: Realtor.com

The median list price in Dallas is $465,000 on Movoto.com. The median list price in Dallas went up 3% from February to March. Dallas’s home resale inventories is 3,330, which increased 3 percent since February 2019. The median list price per square foot in Dallas is $231. February 2019 was $228. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in March.

Dallas Real Estate Market Trend

Graph Credits: Movoto.com

Dallas, TX Single Family & Multi-Family Homes

Dallas is one of the nation’s largest metropolitan areas. With a population of more than 7 million in the Dallas-Fort Worth CMSA, there has been a tremendous amount of real estate development activity to support this growth over the past 65 years.

As per the data from the real estate company called Neigborhoodscout.com, the median house value in Dallas is $181,646 and it is near the national average.

Large apartment complexes or high rise apartments are the single most common housing type in Dallas, accounting for 44.88% of the city’s housing units.

Other types of housing that are prevalent in Dallas include single family detached homes ( 44.27%), duplexes, homes converted to apartments or other small apartment buildings ( 5.96%), and a few row houses and other attached homes ( 3.70%).

Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

People in Dallas primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Dallas has a mixture of owner-occupied and renter-occupied housing.

Currently, there are 3,230 single family homes for sale in Dallas, TX on Zillow. Additionally, there are 498 single family homes for rent in Dallas, TX.

Dallas is among those US cities where renting is more reasonable than buying. One of the many reasons Dallas has been growing over the years is because young people have moved there and continue to do so, and the preferred starting out with rental properties before buying their own home.

The demand for rental units has increased 14% over the last year, so it’s the perfect opportunity to invest in Dallas real estate. The Metro area is growing and its expected that at least 20000 new homes in this area and in Dallas a total of 50000 new single family homes and 50000 apartments.

Dallas, TX Foreclosures And Bank Owned Homes 2019

According to Zillow, in Dallas 0.2 homes are foreclosed (per 10,000). This is lower than the Dallas-Fort Worth-Arlington Metro value of 0.3 and also lower than the national value of 1.2.

The no. of foreclosures or bank owned properties in Dallas is equal to 87. They may be listed for sale very soon. The no. of pre-foreclosures proceedings are 213.

The percent of delinquent mortgages in Dallas is 1.3%, which is higher than the national value of 1.1%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth.

The percent of Dallas homeowners underwater on their mortgage is 5.7%, which is higher than Dallas-Fort Worth-Arlington Metro at 4.4%.

Foreclosures in Dallas 468
Homes for Sale in Dallas 3,943 (RealtyTrac)
Recently Sold 10,089
Median List Price $364,388 (0% ⇓ vs May 2018)

There are currently 468 properties in Dallas, TX that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 3,943. In June 2019, the number of properties that received a foreclosure filing in Dallas, TX was 51% higher than the previous month and 7% lower than the same time last year.

Home sales for May 2019 were up 0% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home in Dallas was $0. The median sales price of a foreclosure home in Dallas was $0, or 0% higher than non-distressed home sales.

Dallas Home Prices And Real Estate Appreciation 2019

The median sale price for a house in Dallas-Fort Worth rose 6.31 percent from $236,100 in November 2016 to $251,000 in November 2017, according to the data from the Texas A&M Real Estate Center.

Dallas-Fort Worth homebuilders started 33,891 houses in 2017, an increase of 4,488 houses or 15.3 percent above 2016 home starts of 29,403, according to a report from the housing analysis firm of Residential Strategies.

Dallas real estate appreciated 59.88% over the last ten years, which is an average annual home appreciation rate of 4.80%, putting Dallas in the top 10% nationally for real estate appreciation, according to NeighborhoodScout’s data.

Appreciation rates are so strong in Dallas that despite a nationwide downturn in the housing market, Dallas real estate has continued to appreciate in value faster than most communities.

A recent Dallas real estate market forecasts suggests that home prices in Dallas could rise faster than the national average in 2019. A separate forecast from Zillow ranked Dallas as one of the top ten hottest housing markets of 2019.

At the start of 2019, the median home price in Dallas was around $201,000 and it was a gain of more than 13% from a year earlier, according to data collected by Zillow.

The Dallas housing market predictions are pointing to continued home price growth in Dallas area throughout 2019. In fact, the Dallas real estate market is expected to outperform the nation this year, in terms of annual home value appreciation.

Dallas Home Prices Trends 2019

Dallas home prices have been on the rise in the last 10 years. In fact, over the last 6 years, 3 bedroom homes in Dallas have appreciated by 45%.

During the same period, 3 bedroom home prices in Dallas appreciated by 41% nationwide. This shows us that home prices in Dallas are rising more quickly than the most other cities across the nation.

7.4% 11.2% 15.0% 18.7%
Next 24 Months Next 36 Months Next 48 Months Next 60 Months

The above Dallas Home Prices Trend is from Metropolitan Statistical Area.

Dallas home prices are up just over 5 percent in a latest survey. Strong economy has buoyed home prices in Dallas beyond their fundamental levels for a sustained period, according to a report by Florida Atlantic University associate dean Ken Johnson.

Home prices in Dallas are still appreciating in but at a decreasing rate, suggesting that the current upward pattern in property appreciation is nearing an end.

A bubble is not likely but a significant slowdown in home price increases is most likely, according to James Gaines, chief economist with the Real Estate Center at Texas A&M University. He said that the things may slow down in Dallas, but it would take a major economic event to do that.

The university study isn’t the first to warn of a home price correction in the Dallas area. But other reports by CoreLogic and Fitch Ratings have said North Texas home prices are overheated.

As the home prices in Dallas continue to rise faster than the national average, however, there is clearly a cooling trend taking place. But if the inventory continues to grow in the Dallas real estate market, it will likely lead to smaller home price gains in Dallas in the future.

And that’s probably a good thing. When home prices rise at a much faster pace than local wages and income, it can create affordability problems. So a cooling trend could actually be beneficial at this point.

Dallas Home Prices

Graph Credits: Altos Research

Looking at just the latest twelve months, Dallas appreciation rates continue to be some of the highest in America, at 6.75%, which is higher than appreciation rates in 70.03% of the cities and towns in the nation.

Based on the last twelve months, short-term real estate investors have found good fortune in Dallas. Dallas real estate appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.76%, according to NeighborhoodScout.com

Is Dallas A Good Place To Invest In Real Estate?

dallas real estate market

Purchasing an investment property in Dallas real estate is a little different from shopping for your car or primary residence. While you still want to get the most for your money, if you are looking to make a profit, you don’t want to buy the most expensive property on the Dallas real estate market and expect to make a good profit on rents.

Perhaps you are looking for a slightly different hold-over, a turnkey property in Dallas that you might move into or sell at retirement in the future! Either way, knowing your profit potential and purpose is the first thing to consider. Here are the top reasons to invest in the Dallas real estate.

1. Best Place To Live 

Why should you invest in Dallas real estate is a question that most of the real estate investors need an answer for. You should invest in Dallas real estate because Zillow.com ranked Dallas at number 12 in the list of the best places to live in the country in 2017.

2. Diverse Economy

You should think of investing in Dallas real estate because it has a very diverse economy so there is a niche’ for people of every income level. It is estimated that 340 people move to Dallas-Fort Worth every-day. Dallas has the lowest home ownership rate in the country, with renting more affordable than buying.

3. Huge Tenant Pool To Invest in Traditional or Airbnb Rentals

If you buy an investment property in Dallas, there are the statistics that there is no shortage of people looking for a place to live here, which means there is no dearth of prospective tenants for your Dallas investment property.

4. Low Annual Vacancy Rates

The annual vacancy rate of rental properties in Dallas is very low as compared to other cities which is another good reason of investing in Dallas real estate market.

5. Flourishing Tourism Sector

Tourism is on the rise in Dallas, Texas  which promotes job growth to towns and neighborhoods within the area. Some of the common points of attraction are the AT&T Stadium, Reunion Tower, and Book Depository. Dallas is becoming a hub for start-ups and IT companies which has led to an increase in investing in Dallas real estate market.

6. Suitable Climate

Climate of Dallas is characteristic of a southern plains state, with many great areas to locate the investment property you are looking for.

7. Strong Job Market Drives People into Dallas

Dallas’s local economy is a mix of aerospace, computer chips, telecommunications, transport, energy, and healthcare sectors and the Finance and Business services. These sectors are all providers of good wages which allows for a strong market for Dallas investment properties.

8. Base of Many High Tech Companies

Additionally, since 2014, 15 major tech companies have moved to Dallas, Texas bringing advancement and job growth in industrial and professional areas. These factors contribute to the immense growth of Dallas real estate market, especially for investment properties.

9. Big Student Market For Owning Rental Properties

Texas has some of the best colleges in the country. And with the instrumental position held by the University of Texas, Dallas and Northwestern State University, all students and eventual graduates are going to be in the rental market at some point. The rental market increased by 8% in 2017, and the expectation is for a subsequent increase of another 4% for 2018. Now is the best time to buy a Dallas investment property before the housing market caps.

10. High Population Growth Propels Real Estate

Dallas’s population has grown at twice the national rate for years now and this pushes the prices of Dallas investment properties higher due to builders not being able to keep up.

Dallas’s housing prices have increased 29% over the last three years, even with these increases in home prices, they are still competitive for investment properties and you can expect further increases over the years.

If you want to buy an investment property in Dallas, don’t wait around, go ahead and do it.

18 Best Places To Buy Investment Property in Dallas, Texas

If you are looking to buy real estate in Dallas, you should know the best places to invest in. The three most important factors when buying a real estate anywhere are location, location, and location. Location creates desirability. Desirability brings demand. Demand would raise the price of your Dallas real estate and you should be able flip it for a lump sum profit.

When looking to invest in Dallas real estate, you need to find places where the expected property appreciation forecast is positive. The running costs for owning and managing an Dallas investment property should be low. The neighborhoods in Dallas must be safe to live in and should have a low crime rate.

The neighborhoods should be close to basic amenities, public services and shopping malls. There should be a natural and upcoming high demand for rental properties and a low supply of income properties.

There are 112 neighborhoods in Dallas. There are 607 schools in Dallas, TX. There are 259 elementary schools, 109 middle schools, 100 high schools and 139 private & charter schools.

Preston Hollow has a median listing price of $1.7M, making it the most expensive neighborhood. Cedar Crest is the most affordable neighborhood in Dallas, with a median listing price of $129.9K.

Here are the best neighborhoods in Dallas to invest in real estate.

1. Cockrell Hill – Best Place To Invest In Dallas

Cockrell Hill is a city in Dallas County, Texas. Median Household income of $22,555, slightly lower than the national average. 48.4% lower education level on the increase.

Racially diverse so you can look to it if you need to invest in a property that appeals to people from all walks of life. Up and coming younger population. 50/50 split married, unmarried or with children.

Total households were $7,038 Tarrant County- has seen an increase in the building over the past few years and is expected to pull higher rental rates as increased growth of amenities is going strong.

Dallas Independent School District serves students in Cockrell Hill. All of the schools serving Cockrell Hill are in the City of Dallas.

Median Home Value $84,700
National $178,600
Median Rent $830
National $928

2. Frisco – Best Place To Invest In Dallas

Frisco is a city in Collin and Denton counties in Texas. It is part of the Dallas-Fort Worth metroplex, and is approximately 25 miles (40 km) from both Dallas Love Field and Dallas/Fort Worth International Airport.

A large number of people move to Frisco, TX for its unparalleled school district, Frisco ISD. Frisco is a wonderful suburban town on the outskirts of Dallas that has been dramatically growing over the past few years.

Although there seem to be many new constructions sites all over town, things have been settling down recently. Home prices have saturated, the mall/other buildings have been in function for several years now, and we have very low crime rate.

According to niche.com, it is ranked #2 in best neighborhoods to live in Dallas-Fort Worth area.

Median Home Value $277,600
National $178,600
Median Rent $1,310
National $928

3. Lochwood – Best Place To Invest In Dallas

Lochwood is a neighborhood in the east Dallas, TX area to the north and east of White Rock Lake and south of Lake Highlands.

According to niche.com, it is ranked #35 in best neighborhoods to live in Dallas-Fort Worth area. Employment consists of Walmart and fast food restaurants.

Median Home Value $237,100
National $178,600
Median Rent $954
National $928

4. Munger – Best Place To Invest In Dallas

The Munger Place Historic District is a neighborhood and historic district in Old East Dallas, Texas (USA), generally lying between North Fitzhugh Avenue on the southwest, Gaston Avenue on the northwest, Henderson Avenue on the northeast, and Columbia Avenue on the southeast.

Munger Place is one of the most beautiful parts of Dallas, It has a large collection of Prairie-like homes recognized by the US National Register of Historic Places. But, what interest you as an investor is that 77% of the Households are renters, that means massive return on investments due to low vacancy rates.

Median Home Value $527,141
National $178,600
Median Rent $1,071
National $928

5. Bryan Place – Best Place To Invest In Dallas

Bryan Place is a neighborhood in Old East Dallas, Texas (USA). It is east of the Arts District of downtown and the State Thomas neighborhood, north of Deep Ellum, south of Cityplace and west of Munger Place.

This part of the city is surrounded by skyscrapers, giving it a uniquely stylish look. This neighborhood actually has an Association that takes care of sanity and other issues related to the comfort of the safety of its residents.

The rental cost in Bryan Place is 90,3% higher than other parts of Texas and that means a lot of ROI if you own a house there.

Median Home Value $313,244
National $178,600
Median Rent $1,525
National $928

6. Allen – Best Place To Invest In Dallas

Allen is a city in Collin County, Texas, a northern suburb of Dallas. Allen has plenty of restaurants, shopping and great schools, including Lovejoy High School and Allen High School. The famous Allen Event Center brings sporting, events, concerts, and live performances.

Median Home Value $220,500
National $178,600
Median Rent $1,261
National $928

7. Campbell Green – Best Place To Invest In Dallas

Campbell Green is located in far north Dallas on Hillcrest and Campbell, just south of the George Bush Turnpike. According to Niche.com, it is ranked #1 in best neighborhoods to live in Dallas-Fort Worth area. The public educational facilities are quite good in Campbell.

Median Home Value $300,621
National $178,600
Median Rent $731
National $928

8. Coppell – Best Place To Invest In Dallas

Coppell is a city in the northwest corner of Dallas County in the U.S. state of Texas. It is a suburb of Dallas and a bedroom community in the Dallas–Fort Worth metroplex.

It is a very family friendly and safe city in the suburbs of Dallas, TX. The school district here is phenomenal and the environment is truly great. Coppell is a very environmentally friendly city.

According to niche.com it is #4 in best places to live in Dallas, Texas.

Median Home Value $300,300
National $178,600
Median Rent $1,198
National $928

9. North Dallas – Best Place To Invest In Dallas

North Dallas is an area of numerous communities and neighborhoods. The majority of North Dallas is located in Dallas County, while a small portion is located in Collin and Denton Counties.

If you are looking for something quiet and serene, this is the place to choose. It has beautiful homes with tree-lined streets. You should think of buying an investment property in North Dallas because your tenants would love to live here.

10. Far North – Best Place To Invest In Dallas

This region is far north than North Dallas. It has less amenities but is surely a good investment in terms of affordability. Preston Road is home to shopping malls, restaurants and outlet stores. It has a huge variety of outdoor activities and is a good place to settle down after retirement.

11. Farmers Market District – Best Place To Invest In Dallas

As the name suggests, the Farmers Market District lies in the area of the famous Dallas farmers market. The Farmers Market District is an area in southeastern downtown Dallas, Texas.

It is quite a safe and secure area. Most of the residential neighborhoods are condos and apartments and still, it is one of the best places for investment in terms of rent.

It has affordable rental and investment properties that give a good return on money. The district is zoned to schools in the Dallas Independent School District.

12. University Park – Best Place To Invest In Dallas

University Park is a city in Dallas County, Texas, United States, an inner northern suburb of Dallas. It comes in A+ neighborhood. This is predominantly a residential and family friendly area.

University Park is one of the most affluent places in Texas based on per capita income; it is ranked #12. It is known for its beautifully architectural homes and churches.

The neighborhood boasts some top ranking schools and provides a lot of outdoor activities. University Park is served by the Highland Park Independent School District.

Although it has a large population, it feels more like a community through the schools, parks, and small shopping centers. According to niche.com, it is ranked #6 in best neighborhoods to live in Dallas-Fort Worth area.

Median Home Value $1,047,200
National $178,600
Median Rent $1,886
National $928

13. Near East – Best Place To Invest In Dallas

If looking for something more affordable than University Park, then Near East is the place to invest in Dallas. Though this is a newly developed residential place, the chic bars and designer shopping areas cannot be overlooked.

14. Highland Park – Best Place To Invest In Dallas

Highland Park is a town in central Dallas County, Texas, United States. It is among the five wealthiest locations in Texas, and the most affluent suburb of Dallas.

The area is just three miles north from the center of Downtown Dallas. It is a thriving residential area surrounded by highland park and university park.

Highland Park has earned a reputation for having some of the most expensive home prices in this Dallas area. Public primary and secondary schools in Highland Park are operated by either the Highland Park Independent School District or the Dallas Independent School District.

Median Home Value $1,192,800
National $178,600
Median Rent $2,225
National $928

15. Oak Lawn – Best Place To Invest In Dallas

Oak lawn consists of a diverse neighborhood, mostly of Urban professionals. Oak Lawn is one of the wealthier areas of metropolitan Dallas.

It has beautiful and newly built high-rise condos, duplexes and town-houses. It is surrounded by beautiful parks and marvelous restaurants. It is also a very diverse neighborhood with well established areas of older, single family homes.

One of the best areas to invest in Dallas. The public schools in Oak Lawn are part of the Dallas Independent School District.

Median Home Value $320,297
National $178,600
Median Rent $1,288
National $928

16. Bluffview – Best Place To Invest In Dallas

Bluffview is an upscale neighborhood in north Dallas, Texas. The crime rate in Bluffview is very low. This is a highly desirable area to invest in Dallas which is most sought-after by families, especially for its serenity and tranquility.

It has a home for every taste; from the old-fashioned to the most modern. It sits ideally close to the downtown Dallas, yet away from all the noise and chaos. The neighborhood is served by the Dallas Independent School District.

Median Home Value $633,722
National $178,600
Median Rent $1,425
National $928

17. Lake Highlands – Best Place To Invest In Dallas

Lake Highlands is a neighborhood constituting most of Northeast Dallas. The neighborhood is a collection of dozens of subdivisions served by RISD public schools, as well as an array of private schools.

Lake Highlands is one of the greatest parts of Dallas, located near the center of it. Lake Highlands has a mixture of a low cost of living and above-average median income.

It is also a mixture of Medium and small-sized single-family homes, but there also high rise apartments and apartment complexes.

Median Home Value $338,257
National $178,600
Median Rent $1,033
National $928

18. Main Street District – Best Place To Invest In Dallas

The Main Street District of downtown Dallas, Texas runs along Main Street and is bounded by Lamar Street, Elm Street, the US 75/I-45 (I-345) elevated highway and Commerce Street.

The district is the spine of downtown Dallas, and connects many of the adjoining business and entertainment districts.

This is the area which gives the most amenities and safety. As such, the cost of investment properties here is bound to be higher. The area is one of the busiest and with very few moment of lull regardless of the time of day or night.

Dallas Real Estate Investment

Maybe you have done a bit of real estate investing in Dallas, Texas but want to take things further and make it into more than a hobby on the side. It’s only wise to think about how you can and should be investing your money.

In any property investment, cash flow is gold. A good cash flow means the investment is, needless to say, profitable. A bad cash flow, on the other hand, means you won’t have money on hand to repay your debt.

Therefore, finding a good Dallas real estate investment opportunity would be a key to your success. in If you invest wisely in Dallas real estate, you could secure your future. If you are a beginner in the business of cash flow real estate investing, it very important to read good books on real estate.

The less expensive the Dallas investment property is, the lower your ongoing expenses will be. Roughly a $150,000 property is what some experts recommend starting with.

Most investors naturally gravitate to residential property investment. When looking for the best real estate investments in Dallas, you should focus on neighborhoods with relatively high population density and employment growth.

Both of them translate into high demand for housing. If housing supply meets housing demand, real estate investors should not miss the opportunity since entry prices of homes remain affordable.

You must also collaborate and learn from savvy real estate investors who have retired early on in their lives by investing in some of the best real estate markets like Dallas, TX. When looking for real estate market opportunities in Dallas or anywhere in the country, the generally accepted standard is to purchase a property that will give you a modest but minimum 1% profit on your investment.

An example would be: at $120,000 mortgage or investment cost, $1200 per month rental. That would be the ideal equation example. Even with rent increases, buying a $500,000 investment property in Dallas is not going to get you $5000 per month on rent.

If you are a home buyer or real estate investor, Dallas definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

If you have decided to invest in Dallas, you can either buy a fixer-upper or you may want to buy a Dallas investment property. This market offers a wide range of turnkey investment properties; you just have to find your tenants to rent out the property.

Hiring a local property management company can help in finding tenants for your investment property in Dallas. If it is your first time to invest in Dallas real estate, then you would have to be aware of common beginner’s mistakes.

Beginners would usually follow the media, buy a property and wait for its value to increase. This could be risky. Real estate investing requires research. We recommend doing your own research or hiring a real estate investment specialist for guidance. Y

ou should also join real estate investment clubs in Dallas, Texas and try to make connections with fellow investors. To be effective in the real estate industry, a concrete marketing design is vital. The real-estate market is constantly changing in their methods on how to look for that right property.

Dallas Investment Properties For Sale ⇐ Click Here

Buying an investment property is different from buying an owner-occupied home. Our Dallas investment properties are designed to make money as rentals, which means you must look at it solely as an income producing entity just like any other business. These areTurnkey Cash Flow Investment Properties located in some of the best neighborhoods of Dallas.

According to real estate experts, buying in a market with increasing prices, low interest, and low availability requires a different approach than buying in a cooler market.

We strive to set the standard for our industry and inspire others by raising the bar on providing exceptional real estate investment opportunities in the U.S. growth markets. We can help you succeed by minimizing risk and maximizing profitability.

Best Places in Texas to Invest in Real Estate

Apart from the Dallas real estate market, you can also invest in the housing market of Houston, TX. If you are a home buyer or real estate investor, Houston definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

The Houston Real Estate Market forecast 2019 is good, and current housing prices are relatively low, so if you want to get on board the Houston real estate investing then now would be a great time to do so.

The Houston metro area offers great opportunities for investors who are looking for a stable market that offers both cash flow and equity growth at a price that is STILL well below their replacement value.

The median home value in Houston is $185,600. Houston home values have gone up 7.2% over the past year and their Houston real estate market prediction is that they will rise 3.4% within the next year.

Appreciation rates are so strong in Houston that despite a nationwide downturn in the housing market, Houston real estate has continued to appreciate in value faster than most communities.

Looking at just the latest twelve months, Houston appreciation rates continue to be some of the highest in America, at 8.00%, which is higher than appreciation rates in 82.48% of the cities and towns in the nation, according to Neigborhoodscout.com.

The El Paso real estate market is another hot market to invest in. El Paso real estate market was ranked at 4th in Trulia’s hottest real estate markets to watch in 2018. El Paso’s strong job growth, affordability, low vacancy rates and high population of young household were pivotal in the ranking process.

The cost of living in El Paso is lower than the national average, while the cost of housing is well below that of other major metropolitan areas, including Houston and Austin.

The Central, Cielo Vista and Mesa Hills areas offer more affordable rental properties for sale, while neighborhoods in the northwestern and eastern parts of the metro area have some of the more expensive housing inventory.

The amount residents spend on everyday expenses, such as food and transportation, is slightly less than what the average American pays.

The next one is the San Antonio real estate market. The median home value in San Antonio is $167,600. San Antonio home values have gone up 8.0% over the past year and Zillow predicts they will rise 2.5% within the next year.

For those who want to invest in rental real estate, the San Antonio real estate market is an ideal location because of the outsized military presence. Fort Sam Houston is located inside the city limits.

Lackland Air Force Base, Randolph Air Force Base, Camp Bullis and Camp Stanley are located in the immediate vicinity. This means that there is a large population that will almost always rent because they don’t know where they’ll be sent on their next assignment.

San Antonio has a dearth of affordable housing because demand is so much greater than the supply. This has created a large number of renters who need to pay quite a bit to rent apartments or single family homes.

We know there is a lack of housing relative to demand when a balanced market has a 6 month home inventory and San Antonio has only a two month inventory.

The Austin housing market is one hot place to invest in Texas. It isn’t the largest in the state of Texas, but there are a number of reasons to consider buying real estate in this city.

The Austin real estate market has gained a lot of steam, with home values almost doubling since 2010. The Austin real estate market isn’t as big as Dallas, San Antonio or Houston.

One of the long-term strengths of the Austin is its diverse economy. The Austin real estate market dipped after the layoffs of the Dot-Com boom.

They decided to solve the problem by encouraging medical and biotech employers to relocate to the area, too. As of this writing, there are 85 biotech and pharmaceutical companies in Austin.

Let us know which real estate markets you consider best for real estate investing! If you need an expert investment advise, you may fill up the form given here. 

One of our investment specialists will get in touch with you to discuss all facets of searching for, buying, and owning a turnkey investment property.


*Remember, caveat emptor still applies when buying a property anywhere. The information contained in this article was pulled from third party sites mentioned under references. Although the information is believed to be reliable, Norada Real Estate Investments makes no representations, warranties, or guarantees, either express or implied, as to whether the information presented is accurate, reliable, or current. All information presented should be independently verified through the references given below. As a general policy, the Norada Real Estate Investments makes no claims or assertions about the future housing market conditions across the US.

References:

About Dallas                                                                                                                                  https://en.wikipedia.org

Best Dallas Neigborhoods For Buyers                                                                  https://www.movoto.com/guide/dallas-tx/best-dallas-neighborhoods-for-home-buyers https://www.niche.com/places-to-live/c/dallas-county-tx

Dallas Investment Opportunities                                                                        https://www.mashvisor.com/blog/dallas-investment-properties                                https://rentberry.com/blog/dallas-investment-opportunities

Market Data, Trends and Forecasts                                                                                    https://www.zillow.com/dallas-tx/home-values                                                        http://www.metrodepth.com/dallas-forecast-return-to-normalcy                          https://www.littlebighomes.com/real-estate-dallas.html                                  https://www.trulia.com/real_estate/Dallas-Texas                        https://www.redfin.com/city/30794/TX/Dallas/housing-market                https://www.realtor.com/realestateandhomes-search/Dallas_TX/overview                    https://www.movoto.com/dallas-tx/market-trends                                              https://www.movoto.com/guide/dallas-tx/dallas-real-estate-market-trends https://www.realtytrac.com/statsandtrends/foreclosuretrends/tx/dallas-county/dallas https://www.neighborhoodscout.com/tx/dallas/real-estate                          https://www.dallasnews.com/business/real-estate/2018/12/04/new-report-warns-dallas-home-price-bubble http://www.homebuyinginstitute.com/news/dallas-forecast-one-of-the-hottest https://www.realwealthnetwork.com/markets/dallas-texas


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