Yet another "Where should I buy a house" ? (Dallas: to buy, commute)

[albert648]

Originally Posted by TurtleCreek80

But historically townhomes and condos have not kept pace with SFH appreciation in DFW. There are still many developments across DFW that have barely increased or actually fallen in value even through this wild run-up of SFH values.

I have no doubt a $430k SFH in Arlington will be worth $1M in 25 years. Townhome forecast is not as assured as SFH’s. That’s all I’m saying.

Historically yes, and yeah if you buy a townhome in the middle of a subdivision full of SFHs you're probably not going to see much appreciation. I have a hard time believing that they won't see a decent amount of appreciation in a good location - you're not going to see depreciating townhomes in Knox-Henderson.

[TurtleCreek80]

Originally Posted by albert648

Historically yes, and yeah if you buy a townhome in the middle of a subdivision full of SFHs you're probably not going to see much appreciation. I have a hard time believing that they won't see a decent amount of appreciation in a good location - you're not going to see depreciating townhomes in Knox-Henderson.

And do you think Main Street Arlington (what we are talking about) is more likely to see Knox-Henderson appreciation levels, or townhome in suburbia appreciation levels?? Especially when the Arlington city jail is across the street…

[FreeVilley]

Originally Posted by mastershake575

Because it's wishful thinking. All waiting does in a desireable area is push the demand farther down the line. I'm not saying things are going to get much worst or might not get slightly better but reality is when you have 80% of people trying to buy right now that can't all that does it push things farther down the line (next year those 80% along with the people who originally planned on buying next year are all still going to be trying to get a house).

He should not wait, hoping things get better, he should wait until he knows from experience with the area, where and what he wants.... He should not be making rash decisions based on what we in this forum have to say.

[FreeVilley]

Originally Posted by UP 270

HOA is $100/month. No fitness center but I was thinking I can pay to use UT Arlington's gym; I need to look into that and see if it's possible. Location is one of the few things it has going for it. No gym, communal room, pool, .... I'm ok with that.

I hear what you're saying about slow appreciation and that is concerning. But if I keep it for a while, that really won't matter. I'm currently contributing 15% of my income to my federal 401k equivalent and I'll have a federal pension; slow house appreciation is ok. As long as it's worth like a million dollars in 25 years, I'm good.

As far as the noisy neighbors, I'm hoping me calling the cops on them enough and complaining to the HOA would remedy any noisy neighbor problems. The cop station is literally across the street.

If I met a special lady and we got a place together, I would consider keeping this as a rental property. I don't think I'd ever have an issue finding tenants. Only down side is I would be unable to use my VA home loan again while still having a mortgage on the townhome. Hopefully, me and the future wifey can get good conventional loan terms.

There is an LA Fitness about a mile away on Road to Six Flags and Center St.

[TheProtege]

The UTA gym is for students/staff only, but guest memberships are available if you know someone going there ($10) and the gym is supposedly very impressive (have a family member that uses it). I'm a bit confused on why you wouldn't just choose the Viridian community if you really want to be in this area. It has townhomes, places to meet/hang with people at (pool, volleyball, tennis, walking trails) and a gym, but I think it's in the 55+ community center so probably not finding many potential matches their. It should be a similar price.
There is a LA Fitness along with Fitness nation and 24 hour fitness within a 10 minute drive of Main 7.

[WorldKlas]

Here’s an end unit townhouse in Viridian!

https://www.redfin.com/TX/ARLINGTON/...gn=share_sheet

4033 Snow Goose Trail, Arlington 76005

[tcualum]

I wouldn't rely on the Arlington cops. They suck. Several years ago, when I was living in Dalworthington Gardens, someone was casing my neighborhood and some others in Arlington. They had already hit multiple neighborhoods in Arlington without getting caught. DWG cops were the ones who caught the guy, not Arlington cops because DWG cops were the ones who made the effort to have a stakeout. When the police checked out the room he was staying in, they saw bags of gold jewelry.

Viridian will have a better return on investment and much better amenities.

[UP 270]

OP here. A guy mentioned today I should not worry too much about traffic if I choose to buy in Dallas. Considering that I work in Fort Worth, I would be going against traffic. Most folks will be going to Dallas from Fort Worth/Arlington; I'll be going to Fort Worth from Dallas. Is this accurate; would I have the road to myself. I'm just trying to get a sense of it all.

[ThomasCrown]

Originally Posted by UP 270

OP here. A guy mentioned today I should not worry too much about traffic if I choose to buy in Dallas. Considering that I work in Fort Worth, I would be going against traffic. Most folks will be going to Dallas from Fort Worth/Arlington; I'll be going to Fort Worth from Dallas. Is this accurate; would I have the road to myself. I'm just trying to get a sense of it all.

It's not as bad of a commute as going into Dallas is, but don't kid yourself, you're still going to be in traffic. That advice was accurate 10+ years ago, not anymore.

[Gaylord_Focker]

Originally Posted by stephwin

I know plenty of suburban women in their late 30s/early 40s that are getting divorced. They'll have kids, of course, so that's up to OP to decide if he's willing to go that route.

And they tend to be lonely if you catch my drift.