New to DFW, Exploring House Hacking / Multi-Family Options Near Southlake

New to DFW, Exploring House Hacking / Multi-Family Options Near Southlake

New to Real Estate · Fort Worth, TX · Member since 2025 · 3 posts · 4 votes

Hi everyone,

I’m new to the DFW area and eager to begin my real estate journey through house hacking. A little about me:

- I’m a recent college graduate, living alone, and currently have a very flexible lifestyle.

- My ideal property would be a 2–4 unit multi-family, but I know those can be scarce in this market.

- I’m also open to starting with a single-family property and renting out rooms, though it’s not my first choice.

- I work in Southlake, so I’m aiming for something within 30 minutes of there (or nearby areas).

While I don’t bring a large amount of capital to the table right now, I do bring time, flexibility, and a strong willingness to learn and put in the work. I’m looking to connect with others in the area, whether you’re just starting out like me or already have experience in DFW real estate.

If you’ve done something similar, know the neighborhoods worth targeting, or can recommend lenders/agents familiar with house hacking, I’d love to hear your insights. And if anyone local is open to connecting or even grabbing coffee, I’d be more than happy to learn from your experience.

Thanks in advance for any advice or connections!

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  • Shuff MauldinPro Member
    Investor · MS AL TN, GA · Member since 2019 · 70 posts · 45 votes
    1y

    Congrats on getting started Alex. You have the right attitude!  Keep it up!

  • Diego AlvaradoBusiness Member
    Real Estate Agent · Flower Mound, TX · Member since 2016 · 298 posts · 140 votes
    1y

    Hi @Alex Macias

    Welcome to DFW and Real Estate!!!

    It is awesome to hear your flexibility on finding the next move. That is something that is very much needed in a market such as DFW. 

    I would recommend you to begin with a rent by room if you are up to that. Southlake and surroundings is a great market for that.  

  • Real Estate Agent · Haslet, TX · Member since 2023 · 11 posts · 4 votes
    1y

    Hey Alex,

    Welcome to DFW! I’m right next door in Grapevine and did house hacking myself, including both long term and short term rentals. Would love to hear more about what you’re looking for and what stage you’re at. I know the Southlake area well and can share some ideas on neighborhoods and lenders who “get” house hackers.

    Let’s connect — maybe grab coffee sometime soon?

    – Jason Koford

  • Investor · Toledo-MetroDetroit-Dallas · Member since 2022 · 122 posts · 71 votes
    1y

    Hi @Alex Macias, 

    Welcome to DFW! My experience here is more on individual condo units that cash flow decently for me. Let me know if that's something you're considering and i'd be happy to share. MTR is also a solid strategy for Dallas IMO.

  • Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    1y
    Quote from @Alex Macias:

    Hi everyone,

    Welcome to DFW. Probably your best options for a true house hack is a 4-5 bedroom home and rent bedrooms. I don't see a lot of those, but I have seen more this year that work than ever before. 2-3-4plex will be tough. You'll likely need to contribute your full share of what you occupy and probably even subsidize unit 2-3-4. Maybe there are exceptions, but that is the standard I see. Nothing like this in Southlake probably which is one of the most expensive cities in DFW. I'd probably look at HEB or Hurst or NRH. You also probably need to stay away from HOA neighborhoods, which is most of Southlake.

    If you haven't saved much capital yet, one option might be VA foreclosures. Often you can save some on closing expenses like appraisal fee, use zero down option, and get a better price compared to the neighborhood.

    There are probably options depending on your flexibility and what price range you feel comfortable with and what you can qualify for.

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