U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas > Dallas
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 06-20-2010, 04:26 PM
 
19 posts, read 37,646 times
Reputation: 11

Advertisements

I'm thinking of buying a vacant lot in South Dallas or a small house in West Dallas. I'm excited about the Trinity River Project and would love to live in this area when the development is complete. It's about 15 miles away from my work. Do you think this is a good idea? Anything I should be wary of? Thanks.
Reply With Quote Quick reply to this message

 
Old 06-21-2010, 11:23 AM
 
606 posts, read 1,874,456 times
Reputation: 1984
it is a great idea

if you want a small lot you will get to maintain forever as others throw tons of trash on it and the city gets you on their "vacant lot" list so they can go back to the well again and again and cite your property for weeds and trash

and if you really think that any major Trinity river project is going to get done before you are in a retirement home (unless maybe you are 18) then you will probably ignore this advice and buy the lot anyway

and if the Trinity river project does get done no one in dallas will be able to afford to build a house on a lot because everyone will be broke or moved to the suburbs to avoid the Trinity river special tax levy to cover all the cost overruns and corruption

there is a reason all those vacant lots are all over south dallas
Reply With Quote Quick reply to this message
 
Old 06-21-2010, 06:26 PM
JS1
 
1,898 posts, read 5,981,064 times
Reputation: 1575
lol, I agree with TexasVines, don't do it! South Dallas is NOT an investment, unless you are a slumlord.
Reply With Quote Quick reply to this message
 
Old 06-21-2010, 07:27 PM
 
4,306 posts, read 11,144,550 times
Reputation: 2458
It will pay off but you will be long gone when that day comes.
Reply With Quote Quick reply to this message
 
Old 06-21-2010, 07:56 PM
 
19 posts, read 37,646 times
Reputation: 11
Thanks for the feedback. I'm not going forward with this idea. I'm glad I asked before jumping in. You've shown me a point of view that I was having trouble finding for myself. Instead, I'm going to save up to buy a lot near a lake and build a cabin. I'll take my time with this. Hopefully, it'll be a better idea. Thanks again.
Reply With Quote Quick reply to this message
 
Old 06-22-2010, 07:32 AM
 
27,609 posts, read 45,092,600 times
Reputation: 14104
when you choose your lake -- separate out the ones being used for electricity production via dams and ones that are water storage for Dallas or FTW

I would buy lot on one for electricity but might be very leery of buying one where water is being shunted into two large metroplexes--that water might over time get lower and lower--
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > Dallas
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top