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A quick look at just how far your money will take you in Dallas, Texas. Here's what $3 million will buy you in Dallas real estate.

Here’s a quick look at just how far your money will take you in Dallas.

4429 Colgate Ave., $2,949,000, University Park

5 BEDROOMS | 5.2 BATHROOMS | 5,474 SQUARE FEET

Walk-in wine storage, a game room with a wet bar, herringbone floors, a large covered patio, and five bedrooms with en suite baths await in this brand-new modern transitional home.

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Source: D Magazine

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Texas cities account for more than half of the U.S. metro areas where investors make a large share of home buys.
Texas cities account for more than half of the U.S. metro areas where investors make a large share of home buys.
In the Dallas area, about a third of homes sold went to investors in the quarter ending with September.
Nationwide, more than a quarter of U.S. homes changing hands were acquired by investors, according to a new report from CoreLogic.
“The high U.S. home investor share seen over the past two years nudged up in the third quarter, despite 2023′s mortgage rate increases,” CoreLogic economist Thomas Malone said in the study. “In July, August and September, the share of single-family purchases made by investors was 26.8%, 27.2% and 28%, respectively.

Source: The Dallas Morning News

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