Licensed Architect and Contractor Venturing into Spec Housing and Townhomes in Dallas

Member since 2023 · 1 post · 1 vote

I’m a licensed architect and contractor with a passion for creating spaces that blend functionality with aesthetics. I focus on spec houses and townhomes in the Dallas.

Looking forward to connecting with fellow investors, sharing insights, and collaborating on exciting ventures in the Dallas real estate scene.

Let’s build something great together!

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Mo Karim

Real Estate Agent · Dallas, TX · Member since 2020 · 164 posts · 80 votes

@Kurt Lehecka - Not sure what your budget is but I like the bird street area (below Lovers Ln and west of Inwood Rd) and Old Lake Highlands. You can get lots and tear downs from 400-500K. If you can stay around 200/ft with in house architecture and GC, you'll do well on the exits. Of course there's a bit more to every build and budget will ultimately decide where you end up developing. Reach out if you want to bounce ideas off of someone.

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Bruce Lynn
Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
2y
Seems like the hottest area right now for that is West Dallas around Singleton and Hampton.
Some in Oak Cliff as well especially on East Side of 35.
You're a warrior though if you're building spec homes as a small builder. That ain't easy and I expect you probably have to have a big pile of cash as probably pretty tough to get any kind of financing that makes sense.
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Robert EllisBusiness Member
Developer · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
2y
Quote from @Kurt Lehecka:

I’m a licensed architect and contractor with a passion for creating spaces that blend functionality with aesthetics. I focus on spec houses and townhomes in the Dallas.

Looking forward to connecting with fellow investors, sharing insights, and collaborating on exciting ventures in the Dallas real estate scene.

Let’s build something great together!

build as small as possible is my tips to doing well. highest density and smallest Floorplans possible. I'm in Miami FL right now for 45 days for business development and they allow for densities as high as 1000 units per acre. in Columbus it might be 50 units per acre. density always wins and drives down land cost. keep land under 10% of asset value upon completion. those are my best tips to get started
[email protected]786-494-6766
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Mo Karim
Real Estate Agent · Dallas, TX · Member since 2020 · 164 posts · 80 votes
2y
@Kurt Lehecka - Not sure what your budget is but I like the bird street area (below Lovers Ln and west of Inwood Rd) and Old Lake Highlands. You can get lots and tear downs from 400-500K. If you can stay around 200/ft with in house architecture and GC, you'll do well on the exits. Of course there's a bit more to every build and budget will ultimately decide where you end up developing. Reach out if you want to bounce ideas off of someone.
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Julio GonzalezPro Member
Specialist · West Palm Beach, FL · Member since 2008 · 4k+ posts · 1k+ votes
2y
Hi Kurt, welcome to the community! Your passion for creating functional yet visually stunning spaces is evident, and I'm thrilled to have someone with your expertise joining the real estate scene.
561-253-6640
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