Where to Buy Investment Real Estate Property: Fort Worth, Texas

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If you are going to buy investment property, you want a place where your home/land etc. is going to appreciate, right? And we all know the messages received across most of the country is fat chance, bubba. Sure, real estate in (drowning) Phoenix and Vegas is so cheap you can buy a home once listed at $1.5 million for $500,000. But here’s the thing: what are you going to do with it? Lease it, OK, to who? Where are the jobs, where are the people moving in to work and lease from you. I told a client the other day, if you want to invest in real estate, at least buy in Texas where we have decent job growth, universities, and a youthful age demographic.

Now comes word that Fort Worth, Texas grew 38.6 percent in the last decade, beating the bejesus out of every other Texas community. Even Houston, which is not too shabby, and San Antonio, where I have had zero problems leasing a rental property — multiple calls per day. Here are the stats from the Fort Worth Star Telegram of the largest counties in Texas: Tarrant county is third, behind Harris and Dallas. The way I see it, I want to buy investment property where people are moving and working, so I may be looking for some good buys in Fort Worth. Holler if you see any.

Candy Evans

Candy Evans

11 Comments

  1. Scott M. on February 18, 2011 at 11:29 am

    …But, Tarrant County has the highest taxes in the State…FYI



  2. Scott M. on February 18, 2011 at 11:29 am

    …But, Tarrant County has the highest taxes in the State…FYI



  3. Scott M. on February 18, 2011 at 11:29 am

    …But, Tarrant County has the highest taxes in the State…FYI



  4. Candy Evans on February 18, 2011 at 1:23 pm

    Scott, I thought Dallas County was higher, but let me check. A lot of the growth is to the south and west of Fort Worth, perhaps outside of Tarrant County.



  5. Candy Evans on February 18, 2011 at 1:23 pm

    Scott, I thought Dallas County was higher, but let me check. A lot of the growth is to the south and west of Fort Worth, perhaps outside of Tarrant County.



  6. Candy Evans on February 18, 2011 at 1:23 pm

    Scott, I thought Dallas County was higher, but let me check. A lot of the growth is to the south and west of Fort Worth, perhaps outside of Tarrant County.



  7. Jeffery on February 18, 2011 at 1:40 pm

    Taxes aside, Texas has always been a great market for housing investment. Unlike the other areas of the country where the real estate is over-priced, homes in Texas have a steady incline in value. Maybe the valuation of a Texas home isn't quick money, but it will increase in value. Great article.



  8. Jeffery on February 18, 2011 at 1:40 pm

    Taxes aside, Texas has always been a great market for housing investment. Unlike the other areas of the country where the real estate is over-priced, homes in Texas have a steady incline in value. Maybe the valuation of a Texas home isn't quick money, but it will increase in value. Great article.



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