I'm making a move from Houston to Dallas in a few months. Specifically I'll be working in Plano.
I'm looking to find a duplex to house-hack within a reasonable commuting distance (~30 minute drive). Based on a Zillow/Realtor.com search, there doesn't appear to be a ton of multi-family inventory on the market in that area. Thinking it'll be a big help to have a great Realtor on my team to help me find a good property. If anyone has any recommendations of realtors who know multi-family in North Dallas, it would be a big help.
Frisco, TX · Member since 2017 · 201 posts · 95 votes
9y
depending where in Plano you will be working at can seriously affect your search area. If you live in East Plano and work in the Legacy/HQ/Communications area - you will drive for 30 (on a good day) and more (depending on time of day/school zones etc).
We were 4 miles from husband's job in Plano and it took 20 minutes to get there. Moved to Frisco and now 8 miles away and it takes 15 minutes and we have 3 route variations we can use without the tollways.
Investor · Princeton, TX · Member since 2014 · 1k+ posts · 1k+ votes
9y
@Trent Ford Do you have a price range in mind? By the way, I am fairly certain you really do not mean North Dallas which is a very specific area. You probably want to be more in the Collin County area.
Investor · Richardson, TX · Member since 2017 · 63 posts · 7 votes
9y
Hey Trent - Unfortunately, I think you are correct. North Dallas, Collin County, and nearby does not have many 2-4 family opportunities in general, much less on the market.
There are a couple of areas near Skillman and 635 that have duplexes. As well as a couple of areas in Richardson I am aware of. However, they do not come on the market often and when they do they are priced high and go quickly.
Be careful of the area though. Skillman and 635 can be a rough part of town. Not the worst by any means, but probably not an area I'd recommend someone just moving to the area live in.
That said, I do not have a realtor contact for you for this type of deal. However, once you find a 2-4 family opportunity then you could contact that listing agent and ask to work with them.
I am going to attend a webinar this Thursday September 21, 2017 titled "Multifamily Investing" in the DFW area via meetup.com. There will be multiple real estate investors with multifamily properties in their portfolio. I could ask them for a realtor if you want to. Either way, this is the link for the meeting if you decide to drop by: https://applauncher.gotowebinar.com/#notStarted/5879114347680237569/en_US
Chicago, IL · Member since 2016 · 7 posts · 0 votes
9y
Trent,
Check out Helen Curry. She's been a Plano realtor for two decades + and probably knows this area better than anyone I've ever worked with. I also grew up in Plano and can tell you that the market here is hotter than it's ever been. She will take great care of you.
For a 30 minute drive you are looking at a radius of around 15-20miles, So the areas you are looking at are likely Richardson, Plano and surrounding area.
I live in Frisco and our Office is in Richardson, will be happy to assist you with the search.
Frisco, TX · Member since 2017 · 201 posts · 95 votes
9y
depending where in Plano you will be working at can seriously affect your search area. If you live in East Plano and work in the Legacy/HQ/Communications area - you will drive for 30 (on a good day) and more (depending on time of day/school zones etc).
We were 4 miles from husband's job in Plano and it took 20 minutes to get there. Moved to Frisco and now 8 miles away and it takes 15 minutes and we have 3 route variations we can use without the tollways.