Real Estate Agent · Temple, TX · Member since 2022 · 1k+ posts · 700 votes
7mo
The sheer scale of the expansion up the 75 corridor is undeniable, but I’m cautious about the 'pioneer tax' for smaller investors right now.
I've seen a few folks buy land in Anna/Sherman thinking it’s a slam dunk, only to get crushed by holding costs while waiting for utilities or zoning to catch up to the hype. Are you seeing the small-time guys actually finding success developing up there yet, or is this still mostly a game for the big nationals land-banking for 2028?
Real Estate Agent · Temple, TX · Member since 2022 · 1k+ posts · 700 votes
7mo
The sheer scale of the expansion up the 75 corridor is undeniable, but I’m cautious about the 'pioneer tax' for smaller investors right now.
I've seen a few folks buy land in Anna/Sherman thinking it’s a slam dunk, only to get crushed by holding costs while waiting for utilities or zoning to catch up to the hype. Are you seeing the small-time guys actually finding success developing up there yet, or is this still mostly a game for the big nationals land-banking for 2028?
30 billion sounds impressive, but I’d be curious to see exactly where that number comes from and over what timeframe it’s calculated. Is it direct impact or a long-term projection?
Curious on the motivation to buy that far north of Dallas. I get there is significant upside to land value, but agree it will take time for net migration to make the trek.
We are seeing structured deal pencil all over the metroplex.
Real Estate Agent · Flower Mound, TX · Member since 2016 · 294 posts · 139 votes
6mo
The North Texas real estate market has experienced several speculative cycles over the past year. High-growth corridors, particularly along Highway 75 and Highway 360 between Denton and Princeton, have undergone significant transformations due to rapid development.
While the demand for housing is real, these 'bubbles' often form when buyers rush into new developments, driving prices to unsustainable levels. We are currently seeing necessary price corrections in markets like Princeton, Prosper, and Aubrey. A similar trend is emerging in Sherman, fueled by the promise of new manufacturing jobs.
Real estate investment in these volatile areas can mirror the volatility of the stock market—much like the recent correction in SaaS valuations. My recommendation is to only invest capital you can afford to risk. For those seeking stability, it is essential to study market data and long-term trends rather than following the crowd. Analyze the facts and draw your own conclusions about the future of the region.
One thing I’m watching closely in those northern corridors is timeline risk. The upside may be real, but holding costs + infrastructure lag can quietly eat margin if development runs slower than projected.
I’m finding the deals that feel most durable right now are the ones that don’t require perfect timing to work.
The deals we’re closing right now are the ones that work under today’s rates without needing speculative appreciation or perfect development timelines-real throughput in today's economy.