Real estate investing in Dallas Fort Worth is a strong choice for many investors today. The area has one of the most diverse and rapidly-growing economies in the country. However, the DFW metro area has gotten really expensive and to avoid the high prices and traffic congestion, many employers are moving their businesses further away from Dallas proper. It’s in those areas in the “path of progress” in North Texas cities like Sherman, Denison and Greenville, that there’s still a strong opportunity for Dallas real estate investors today.
This market offers brand new construction homes for RealWealth members, so they rent quickly and have negligible maintenance expenses. One thing to note is that these homes are in “infill” locations – newly built homes in existing neighborhoods – and some of the neighborhoods may be old. A brand new home in a 1970s-built neighborhood might be more difficult to compare to other properties built 50 years earlier.
Dallas Fort Worth Real Estate Investment Opportunity Quick Facts
This information reflects typical properties purchased by RealWealth members in DFW. These numbers are estimates, and the actual property prices and rents will vary based on current inventory.
- Investment Objective: Medium cash flow, medium appreciation
- Types of properties for sale: New Construction SFRs and MFRs; B neighborhoods; Infill locations
- Average home price: $200,000 – $900,000
- Average monthly rents: $1,500 – $2,000 (per unit)
Is Dallas Fort Worth a good place to invest in real estate?
There are a variety of factors that make Dallas a good place to invest in real estate today.
- Affordability: The DFW metro area as a whole has become quite expensive, with a median home value of $373,000; there are still areas with affordable housing for Dallas real estate investors about 30 miles out of downtown. In these areas, buying investment properties for $200,000 – $900,000 is possible.
- Significant Appreciation: Homes in the Dallas Fort Worth metro area have appreciated 120% since 2010, which is 30% faster than the national average.
- Rapid Population Growth: Dallas Fort Worth’s population grew 27% between the 2010 and 2023 censuses, 223% faster than the national average!
Turnkey Rental Properties for Sale in Dallas Fort worth
The turnkey rental property teams we work with in DFW sell new construction single-family and multi-family homes. View pro formas for properties sold in this market below to learn more about the Dallas real estate investing opportunity.
