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    Time to Invest

    Dallas crowned one of the best real estate investment markets for 2017

    Lindsey Wilson
    Mar 1, 2017 | 2:30 pm
    8917 Sweetwater Dr. house for sale in Dallas
    Now is an excellent time to invest in a rental property, says HomeUnion.
    Photo courtesy of The Michael Group

    Rent is a huge topic in Dallas right now, mainly because it just keeps going up. While that's not great news for renters, it's excellent for those doing the renting, and HomeUnion concurs.

    The online real estate investment management firm recently released its 2017 National Single-Family Rental Research (SFR) Report, and Dallas-Fort Worth comes off quite favorably. The study ranks 31 metro areas on factors including "investment opportunities for 2017, yields, rental demand, investment home prices, and capital markets conditions." Put in plain English: If you can swing it, now would be a smart time to buy a rental property in DFW.

    That's because our stellar job growth (105,000 new jobs are expected for 2017, a 2.9 percent increase) is doing its part to encourage the formation of new households, most of which will not immediately enter the ownership pool. Couple that will an expected 3.5 percent increase in rent and a vacancy rate that's expected to drop to 6.7 percent, and suddenly it's a great time to be a landlord.

    The study breaks it down even further, pointing out that "Unlike many investment markets, investors in Dallas are moving up the quality scale, while traditional buyers are moving in the opposite direction. With strong price growth, first-time buyers are being priced out of the market, though stable job gains will keep those would-be homeowners renting in similar neighborhoods. With cap rates above 6 percent and strong fundamentals, investors should reap short- and long-term gains."

    All these factors put DFW at No. 9 on the list, with data that is strikingly similar to that of No. 1 Atlanta. What keeps ATL at the top is its manageable entry prices for investors and a vacancy rate that's predicted to end 2017 at 5.1 percent, in addition to predictably healthy job growth.

    rankingsreportsrent
    news/real-estate

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    House For Sale

    Dallas house for sale from the '50s is still in original condition

    Teresa Gubbins
    May 7, 2025 | 1:12 pm
    9203
    Courtesy
    9203

    There's a house for sale in East Dallas that's increasingly hard-to-find: a well-preserved home from the '50s for sale that's in nearly original condition.

    The house is located at 9203 Lindaro Ln., just outside Loop 12 and walking distance to Bishop Lynch High School, in a stable neighborhood of homes build in the mid 1950s.

    The listing by Bryant Nieves of Elite Real Estate Texas calls it a "beautifully preserved Mid-Century gem" with original hardwood floors in the downstairs bedrooms, a recently installed roof, a modern sprinkler system, and an upgraded AC unit.

    There are multiple living spaces with a formal living & dining area, eat-in kitchen, and family room which includes an office nook with built-in desk. It has both a carport and attached 2-car garage, as well as a fully fenced yard.

    Most of the homes in this neighborhood are 1,200 to 1,600 square feet, and priced from $250,000 to $350,000.

    This house was built in 1957, but it differs in that it has a second-floor add-on over the garage — making it roomier at 2,202 square feet, with 5 bedrooms instead of the usual 3.

    The two bathrooms are in original condition with '50s tile, both in good shape. The main bathroom has pale warm tan tile, almost flesh colored; the second bathroom, off one of the bedrooms, is a little prettier, with white tile and green-tile edging. Both are far superior to granite-look ceramic.

    While both bathrooms merit admiration, this house is more about the wood. There are

    • original hardwood floors, all in great shape
    • wood doors including closet doors
    • wood paneling in the family room, with wood bookshelves and a build-in wood desk

    There's also an odd wooden bookshelf that serves as a divider of sorts in the stacked formal living room.

    The only room that looks unoriginal is the kitchen, which boasts white-washed '80s cabinets. It looks clean and functional, even if it does not match modern tastes.

    9203 Lindaro
      

    Courtesy

    Facade of 9203 Lindaro is pleasing, thanks to the unpainted brick.

    It sits on a 7,535 sqft lot and the asking price is $395,000 — a bit optimistic, even if they find the rare buyer who sees value in an untouched '50s home.

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