Conditions around Royal Lane and Abrams Road (Dallas, 95243)

[MClarke]

Originally Posted by TurtleCreek80

Did you bother to read our replies? It's a very nice, middle to upper-middle class neighborhood in a neighborhood generally regarded as having excellent public schools (courtesy of Richardson ISD's Lake Highlands feeder patterns). Most people have professional jobs- attorneys, business/ finance/ management, IT, etc. It's neither blighted nor dangerous nor blue collar....AT ALL.

If you need public transit or need to walk to work....there isn't much within an easy commute. Presbyterian and Medical City hospitals are about 1-2 miles west. NorthPark mall has many national retailers and is 3-4 miles south. There are some shops/restaurants in the neighborhood- closest shopping center is at Skillman & Walnut Hill, about a mile southeast.

Yes, I did read everyone's replies, very closely in fact. As I mentioned in my initial post, I'm getting lots of conflicting information on the area, and wanted to hear the real story from people who's primary agenda isn't scoring a commission. And yes, I am a multifamily investor.

Thanks for all the great info!

[lakehighlands]

Originally Posted by MClarke

Yes, I did read everyone's replies, very closely in fact. As I mentioned in my initial post, I'm getting lots of conflicting information on the area, and wanted to hear the real story from people who's primary agenda isn't scoring a commission. And yes, I am a multifamily investor.

Thanks for all the great info!

You should look into a subscription to Costar. It has all the unbiased market info you could ever want to make an informed decision on commercial re.

As for the multi-family in that area....high concentrations of low-income residents, high crime. Most properties were constructed in the late 1970s to early 1980s, and a lot of them are showing extensive signs of deferred maintenance.

What complex are you looking at? Wyndham on the Creek, Foxhollow, Woodside?

[lh_newbie]

Completely concur with lakehighlands comments - the multifamily in that area is definitely showing signs of extreme deferred maintenance. I'm guessing 10 years or so of life left unless major renovations are completed. The complexes in the area were built on-the-cheap, so it's not what I would consider a good long-term investment.

[Tta]

Yup, the multifamily in LH is pretty nasty. But there are some multifamily investors making a difference. Read here:
Apartment Turnover | Advocate Magazine

MClarke, maybe you're willing to do something similar in the area?

[dvdrft]

I am looking at a condo to BUY at TRINITY ROYAL right in that area

Is this a good place to invest ? it seems like an incredible deal - 2 bed 2 bath over 1000 square feet all for under 55K

what is your input on this ??

I am a single white male 46 no kids -

[dvdrft]

Originally Posted by MClarke

Looking for some information regarding the area around Royal Lane and Abrams Road in Dallas, 95243. Specifically interested in crime, housing and employment issues. Getting conflicting information from lots of different people, and I'm not sure how accurate the various crime mapping websites are. Thanks in advance!

I am looking to buy a condo at Trinity royal - is this a good move ? single white male 46 no kids --

it seems too good to be true - 2 /2 over 1000 sq ft under 55k ---

ive been looking in uptown and oaklawn - not impressed with area- seems like a lot of "sketchy" complexes there

id appreciate ANY input