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Old 05-20-2009, 03:16 PM
 
Location: South Dallas
78 posts, read 267,801 times
Reputation: 19

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Anybody know if there is any vacant lots available inside the loop for 50k or less? I don't need much. I'd like to be within a 10 to 15 minute drive from my office in deep ellum, in a safe neighborhood, ethnic makeup isn't important as long as it isn't exclusively one race, would like to have good public school options but not a deal breaker. I'm not going to build a McMansion, so don't worry. Just trying to see whats out there.
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Old 05-20-2009, 03:21 PM
 
Location: Dallas (Devonshire)
81 posts, read 210,891 times
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Quote:
Originally Posted by sk8drummy View Post
Anybody know if there is any vacant lots available inside the loop for 50k or less?
Inside LBJ or Loop 12?
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Old 05-20-2009, 03:28 PM
 
Location: The Village
1,622 posts, read 3,982,083 times
Reputation: 668
Yeah, we don't really have a highway referred to "the Loop" in Dallas. Are you thinking of Houston?

But there are three highways in Dallas that make "loops" around the city. Loop 12 (which is the same as Northwest Highway or Walton Walker Blvd for part of the way) is the innermost, then I-635 (Lyndon Baines Johnson Freeway or "LBJ"), and then President George H.W. Bush Turnpike (PGBT or "George Bush). Belt Line Road also makes a complete loop around Dallas County, just outside the boundaries of 635.
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Old 05-20-2009, 04:53 PM
 
Location: South Dallas
78 posts, read 267,801 times
Reputation: 19
635 but preferably loop 12...or what's left of it. the closer to downtown the better.
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Old 05-20-2009, 05:16 PM
 
Location: The Village
1,622 posts, read 3,982,083 times
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For less than 50k? I doubt it. You can probably do a teardown, but that's going to cost more than $50k.
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Old 05-20-2009, 08:58 PM
 
Location: South Dallas
78 posts, read 267,801 times
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What is a realistic price point?
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Old 05-20-2009, 09:39 PM
 
Location: dallas, texas
428 posts, read 1,238,484 times
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Inside Loop 12 nothing will be 50K. The cheapest land you could find will be around west Dallas, around Harry Hines. With the opening of the Green Line prices around west Dallas are going up really fast. This area has been neglected for quite some time. But finally development is coming to it. So that's where I would advise you to look.
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Old 05-21-2009, 05:36 AM
 
Location: North Texas
23,974 posts, read 32,702,372 times
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I think portorro had a very good suggestion, it looks like northwest Dallas is moving towards "gentrification". Some of the older neighborhoods around TJ are really increasing in value!
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Old 05-21-2009, 07:34 AM
 
Location: Forney Texas
2,120 posts, read 5,627,655 times
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You can by a condo/loft or even a vacant building in deep ellum for pretty cheap right now. Might be a good investment if they ever get deep ellum going again. I lived in the Continental building (3311 Elm) for several years.
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Old 05-21-2009, 10:29 AM
 
Location: South Dallas
78 posts, read 267,801 times
Reputation: 19
Quote:
Originally Posted by DaveG99 View Post
You can by a condo/loft or even a vacant building in deep ellum for pretty cheap right now. Might be a good investment if they ever get deep ellum going again. I lived in the Continental building (3311 Elm) for several years.
What do you mean by pretty cheap? Do you have any examples, this actually sounds pretty interesting to me.
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