U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas > Fort Worth
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 02-11-2016, 04:49 AM
 
Location: Dallas, TX and Las Vegas, NV
7,534 posts, read 6,765,047 times
Reputation: 17788

Advertisements

Is anyone familiar with the Village center area of Colleyville? I have a friend who asked my opinion about buying a 2 bedroom condo there. Its $390K and 1400 sq feet, but only a single garage. That's not uncommon in Uptown Dallas but wondering if anyone has input to that area.
Rate this post positively Reply With Quote Quick reply to this message

 
Old 02-11-2016, 07:37 AM
 
Location: Kaufman County, Texas
11,082 posts, read 24,086,781 times
Reputation: 9335
The Village area is nice, and it's one of the few walkable parts of NE Tarrant. But that seems like a lot of $ for a tiny condo in a suburb...
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-11-2016, 08:18 AM
 
Location: DFW
739 posts, read 1,028,128 times
Reputation: 1042
Yeah, nice area, but I would be scared to death that a condo in the 'burbs would never hold up that value.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-11-2016, 10:06 PM
 
Location: Colleyville
1,196 posts, read 1,319,585 times
Reputation: 1160
They are so so nice, and the area just keeps getting better amenities, but they sure do seem pricy for a condo...
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-12-2016, 06:21 AM
 
34,040 posts, read 54,028,702 times
Reputation: 20997
My thoughts

1--I think there have been problems with selling those condos compared with the townhouses by Southlake Town Center which are usually all sold before build out (from what I have seen)...so think demand is not same level/resiliency as a Dallas one.

2-- what do the comps tell her...and I would want a much longer history/scope than 3 months looking back...

3--I think noise might be an issue there...
46 is VERY busy and the part around the City Center borders a junior high (sort of behind it)...

4--we don't go there a lot but if your friend has a car and expects people to visit say 4-8 at time--
then parking could be an issue...the streets are narrow and there was another section being developed last time we drove through (in the fall so not recently). I think most parking is on-street---no "lots" or larger areas...
Has she been there at night or on weekend to check lighting or parking?

5--Ask her to Google for Colleyville development, Colleyville city manager, or town council
Have read some threads on NextDoor site where Colleyville residents are little leery of collusion between city manager, some council members, and new development...not sure where development is however
Could just be disgruntled residents or could be worth more study especially if this condo is in new development.

6-- that area could e considered walkable--the WalMart grocery is on same side of street and there are restaurants on that side but really most of the business goes on across the Hwy and I would not recommend trying to cross that on foot...

7 has she done any research on the HOA/fees? There has to be one...
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-12-2016, 08:24 AM
 
Location: DFW
739 posts, read 1,028,128 times
Reputation: 1042
The individual who was the mayor of Colleyville when the deal was struck to build the Village and locate city hall there went to work for the developer after leaving office. That's part of the reason why they ended up with 2 town square type developments (one much more suburban and sprawlish than the Village) within a mile of each other, both with municipal facilities included.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-12-2016, 05:04 PM
 
34,040 posts, read 54,028,702 times
Reputation: 20997
Yes--I remember that but that was years ago
The info I was referring to was about the city manager...
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-12-2016, 05:37 PM
 
Location: Colleyville
1,196 posts, read 1,319,585 times
Reputation: 1160
The new pharmacy/gift shop/soda fountain is CUTE. We went last week. A friend and I took a group of boys to play basketball on the courts, i returned books, then we took the boys for a soda treat.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 02-12-2016, 06:44 PM
 
Location: Dallas, TX and Las Vegas, NV
7,534 posts, read 6,765,047 times
Reputation: 17788
HOA fee is extremely reasonable....probably the best value about the place. However, its not unusual for new condos to have low fees (funded by developers) and when all units are sold the fees then normalize to typical rates.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
>
Powered by Foreclosure.com
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > Fort Worth
Similar Threads

All times are GMT -6.

© 2005-2022, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top