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Updated about 8 years ago on . Most recent reply

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225
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Peter Schuyler
  • Fort Myers Beach, FL
124
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225
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Duplex Units in Sanger, TX

Peter Schuyler
  • Fort Myers Beach, FL
Posted

Has any other investor taken a look at this community, and the duplexes.  They have 19 more lots/duplex's they are building in Sanger Circle community, three were built back in April/may 2015 and none built since.  Before I go too far on this I wanted to see if anyone in the DFW has vetted these already.  I saw a rental comp for one side 5001 Sanger Circle at $1295 a side.  A fellow BP member alerted me to this concept.

http://sangercircle.com/properties-for-sale/

Most Popular Reply

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40
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22
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Scott MacArthur
  • Residential Real Estate Broker
  • Hurst, TX
22
Votes |
40
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Scott MacArthur
  • Residential Real Estate Broker
  • Hurst, TX
Replied

I've seen it.  Great concept for the community as affordable housing is in demand and these homes are reasonably priced for new construction and have nice finishes and amenities.  As far as the duplexes for investors, I don't love the numbers in the mid 160's per side and $1295 may be tough to sustain in that area if you had 3 or more of these on the market at a time.  Will be interesting to see what happens out there.

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