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Old 02-27-2011, 12:40 PM
 
200 posts, read 732,607 times
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An income of 85,000 dollars would give me what kind of lifestyle in Dallas for a single person??
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Old 02-27-2011, 02:03 PM
 
Location: Dallas, TX
309 posts, read 1,011,281 times
Reputation: 178
A very good one.

What do you do and is your company hiring?
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Old 02-27-2011, 02:28 PM
 
12,431 posts, read 24,041,152 times
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Agreed, a very good one.

The only roadblock you could encounter is that if you want to live in/near the center of the action (Uptown, M Streets, East Dallas/Lakewood, Park Cities, Devonshire/Briarwood/Bluffview), housing is fairly expensive. Expect to pay $200-400k for a townhome and $250-450k for "starter home" housing. All of those would be difficult on your income. Of course, there's cheaper housing further out, but not in the desirable in-town areas.
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Old 02-27-2011, 02:39 PM
 
1,519 posts, read 4,917,356 times
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You would live a good life in Dallas on $85,000 per year. You can rent a nice place for that price.
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Old 02-27-2011, 03:51 PM
 
3,475 posts, read 5,652,136 times
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Ditto others...a very very nice life.
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Old 02-27-2011, 05:55 PM
 
Location: DFW
621 posts, read 1,204,052 times
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Yes, but don't buy in town...Go out some and get a nice townhome for $150,000.00 or so.
I am single, earn over $100k and bought a home in Corinth $155k and I have plenty of $$$ left over to play!
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Old 02-27-2011, 06:02 PM
 
12,431 posts, read 24,041,152 times
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Quote:
Originally Posted by Twincam666 View Post
Yes, but don't buy in town...Go out some and get a nice townhome for $150,000.00 or so.
I am single, earn over $100k and bought a home in Corinth $155k and I have plenty of $$$ left over to play!
...and you live 35+ miles from downtown. That's, what?, 70 minutes in rush hour? 90 minutes? At $3.30/gal and climbing....
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Old 02-27-2011, 06:04 PM
 
Location: Seattle
1,568 posts, read 2,926,768 times
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You'll do fine...stay as close to the city as possible, keep it conservative...and enjoy!
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Old 02-27-2011, 07:14 PM
 
1,519 posts, read 4,917,356 times
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Quote:
Originally Posted by Twincam666 View Post
Yes, but don't buy in town...Go out some and get a nice townhome for $150,000.00 or so.
I am single, earn over $100k and bought a home in Corinth $155k and I have plenty of $$$ left over to play!
Dude. You bought a $155,000 townhome -- in Corinth? Good luck selling it for $120,000 in five years. Bad Idea Jeans, man.

To the OP, stay as close to Dallas as possible for resale. If you're going to buy a townhome or condo, you better buy in Uptown, Turtle Creek, and maybe downtown and Knox-Henderson. Otherwise, you're not getting your money back. Also, single-family homes in Dallas appreciate at much higher rates, but they have a much higher buy-in as well. Dallas is where any of the restaurants and shopping worth going to are located.
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Old 02-27-2011, 09:02 PM
 
32,473 posts, read 50,948,349 times
Reputation: 18375
buy some Mavs tickets--
you can afford them
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