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Old 04-19-2007, 06:59 PM
 
739 posts, read 2,838,119 times
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Hey Guys,

So, I have been reading and occasionally chiming in here and there. We will probably be moving out to DFW area from San Diego next summer. My fiancee wants to go to UT Arlington to get her masters in Social Work. We have been looking at houses online for awhile now. We *could* afford a nice big house around 350k, but we just feel as newly weds and a young married couple with no children (I hope it stays that way for the time being ), that is just too much house. So, here are our thoughts so far.

Buy a good starter home. A 3 bedroom house (our room, my office, guest room) within thirty minutes to the school. Something around $150k and live there for atleast three years- 1 year to establish residency and qualify for in state tuition (need to check if that is long enough in TX. In CA I believe it is) and two years for school. After that, we can move to another area if we wish. Where we live doesn't really matter for me job wise as I own an internet company and can work as long as I have my trusty internet.

So, a few questions have arised. I dont mean this to sound hoity toity, but would buying in that range of houses put us in...a bad neighborhood? For example, here in San Diego I am currently renting a 4 bedroom house with college friends in City Heights. It was the cheapest place we could find for a 4 bedroom house. And City Heights is what I would consider a bad area of San Diego. I just dont want to get in a lower income area where there might be more crime/problems ect.

Next question. With houses being built so rapidly, how does an older home actually appreciate at all? Why would someone buy a 5-6 year old home when they can buy new for the same price? I'm concerned about being able to resell and leave with some equity. Or maybe we keep it as an income property and rent it out.

Lastly, what would be the best areas to look that are within 30 minutes of the school? I have looked at the following: Watauga, Keller, Grand Prairie, Arlington itself, Hurt, Euless, Irving looks nice from the pics posted by Texan#1 at Thinking of relocating to Dallas - Hilly areas?, N. Richland Hills... ect. I would probably want to stay North or Arlington to put me closer to the airport and downtown Dallas. What do you think of these areas?
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Old 04-19-2007, 07:23 PM
 
16,092 posts, read 37,958,213 times
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The problem is the $150K houses are not appreciating, especially in the suburbs. The older suburbs are even having more problems.

The only way you are going to get appreciation is to buy in certain areas of the central city or take a chance on an up-and-coming area. I would look at North Oak Cliff (I would tell you Junius Heights "Bungalow Heaven" in East Dallas, but you would have to drive through the canyon/mixmaster every day to UTA). Check out Winnetka Heights especially -- also see Kessler Park/Stevens Park (much more expensive) -- also look up the Bishop Arts District. These are cool neighborhoods. See http://www.belmontdallas.com for an indication of the cool things to come on Fort Worth Ave. -- lots more developments planned, mostly townhomes. Moderator cut: website

Last edited by AustinTraveler; 04-22-2007 at 10:32 AM.. Reason: No forum websites please.
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Old 04-19-2007, 07:30 PM
 
739 posts, read 2,838,119 times
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Thanks Lakewooder. That was my concern. I really do not want to rent for three more years either. Ah, decisions decisions.

We are coming out to the DFW area in June for a week to scout around and have a looksie. I am pretty surprised I have convinced my Dana Point-Grew up next to the ocean my whole life - fiancee to even consider moving to Texas. But, I think she may now be more excited than I am Okay, maybe not, but close.
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Old 04-19-2007, 08:57 PM
 
709 posts, read 3,248,498 times
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A lot of people are building in the Keller area (people I work with in the Valley Ranch area of Irving and they drive to Keller daily)and that really isn't too far from Arlington area. Housing is fairly new and fairly reasonable from what I have heard. You might want to check that area. Many of the people I work with are in their late 20's to early 30's if that gives you any feel on the age range of some of the homeowners in that area. Or for that matter if that is a concern for you. :-)
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Old 04-19-2007, 09:17 PM
 
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I will be 25 and Jill will be 22. I have read a lot on Keller and it seems nice. We will definitely have to take a drive through there.
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Old 04-19-2007, 10:29 PM
 
Location: Topeka, KS
1,560 posts, read 6,740,270 times
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For $150,000 near Arlington with a 30 minute commute to UTA, I'd consider north Mansfield. The schools are good (Academically Acceptable and the HS's were rated 6 and 7 out of 10 at www.greatschools.net.) There are some nice older homes in your price range in the neighborhood south of Debbie Lane between 287 and Matlock or there are some new neighborhoods just north of Debbie Lane.
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Old 04-19-2007, 11:38 PM
 
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I will add it to the list to check out. It would a pretty decent drive to the airport though.
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Old 04-20-2007, 09:10 AM
 
Location: Topeka, KS
1,560 posts, read 6,740,270 times
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From Mansfield, outside of rush hour you can make the airport in less than 30 minutes. During rush hour I've made it from 183 and 360 (just south of DFW) to the Debbie Lane area in 30 minutes. And you can make it to Texas Stadium in about an hour during rush hour. (Heck I've made it from Milford, TX to DFW in an hour and fifteen. But that was at 10 am.)
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Old 04-20-2007, 01:30 PM
 
739 posts, read 2,838,119 times
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Oh thats not bad at all. I am soooo excited to come back to Texas in June for a week.
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Old 04-20-2007, 02:06 PM
 
1,067 posts, read 5,304,473 times
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I went to UTA and lived north on Trinity Blvd at Summers Landing. I have not been over there in awhile but it was a very nice apartment area with no loud neighbors and extremly tame. I though know you want a home. If you are set on it, I would look into Mansfield. Lowes Farms is a nice neighborhood and anything in Mansfield off of 360 are going to be close to your range.
I don't like anything close to the campus, it is pretty bad. Central Arlington is not a place to go. Also look at West Arlington, there might be something that way that is in a nice area. If you are wanting to resale in 3 years, it is good to look in an area where the neighborhood is built out. Resale is pretty bad here if you are in a new area. Also in that price range, make sure that you choose a good builder. There are a few that are not good. First Texas and Grande leading the pack.

Good luck.
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