Up and Coming Fort Worth Neighborhoods

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Up and Coming Fort Worth Neighborhoods

Cody Brookes
Rental Property Investor · Fort Worth, TX · Member since 2019 · 34 posts · 13 votes

Hey BP,

I have decided to start my investing journey in the Fort Worth area, I was wondering what neighborhoods are B- C+ areas that have great rents? I'm going to do the BRRRR strategy, just trying to find some of the up and coming neighborhoods to look into.

Thanks BP

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Rob Lee
Real Estate Broker · Dallas, TX · Member since 2016 · 248 posts · 240 votes
6y

Hey Cody! Definitely understand the goal. While "great rents" would be relative to your personal goals I can't say that I am familiar with many B- or C+ neighborhoods that deliver. You might be able to find a B-/C+ property in an A/B neighborhood. In any case, once you get prequalified a Realtor can help you check rental comps for properties within your price range. Check out, neighborhood scout. It can be a useful tool.  

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  • Rob Lee
    Real Estate Broker · Dallas, TX · Member since 2016 · 248 posts · 240 votes
    6y

    Hey Cody! Definitely understand the goal. While "great rents" would be relative to your personal goals I can't say that I am familiar with many B- or C+ neighborhoods that deliver. You might be able to find a B-/C+ property in an A/B neighborhood. In any case, once you get prequalified a Realtor can help you check rental comps for properties within your price range. Check out, neighborhood scout. It can be a useful tool.  

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  • Kyle MccawBusiness Member
    Property Manager · Keller, TX · Member since 2011 · 1k+ posts · 1k+ votes
    6y

    @Cody Brookes You will be looking at neighborhoods that are built out in the 1980's. I'm not sure I would call them up and coming. But solid demand areas with good futures. Look at Watauga, Some areas of North Richland Hills,  HEB, Saginaw, White Settlement etc. There are some areas that may increase in value at a higher rate than others. But those will be in higher crime areas. Stop Six just landed some big grant money to improve the area...but you will need to be willing to ride it out. @Joe Funari is an investor/agent that knows Fort Worth well. Maybe he can chime in.

    McCaw Property Management4.4902 Reviews
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  • Cody Brookes
    OP
    Rental Property Investor · Fort Worth, TX · Member since 2019 · 34 posts · 13 votes
    6y

    @Kyle Mccaw thanks for the amazing info and I heard about the stop six grant, that will really bring up the area if it get implemented correctly. Do you manage properties in the stop six area? 

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  • Kyle MccawBusiness Member
    Property Manager · Keller, TX · Member since 2011 · 1k+ posts · 1k+ votes
    6y

    My firm manages all over North Texas. Stop Six is in our area. But we would want to review the property first.

    McCaw Property Management4.4902 Reviews
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