Good areas for Dallas investment property
Posted by: admin at December 16th, 2009
Richardson to Plano to Allen to McKinney .there never seems to be an end to the Dallas suburbs. And now we’re starting to see growth in the ‘exurbs’. Richardson is roughly 20 miles northeast of downtown Dallas is an area that is enjoying the exceptional growth in employment due to the Telecom Corridor developments as well as the other major corporate moves to the area.
Located to the east of north Dallas, Richardson is home to the renowned “telecom corridor” and many high-tech companies. Flanked by most of Dallas’ major highways: (Tollway, I-90 George Bush, Central Expressway, 121) Richardson real estate consists of many older homes in established neighborhoods with mature trees and lush landscaping. Located just seconds from Uptown and minutes from Downtown Dallas, Turtle Creek provides residents access to all that the city has to offer. Town homes and high-rise condos are expanding in this area.
Highland Park is another great area located in the center of everything between downtown, Oak Lawn and SMU in the vicinity of the highway, Central Expressway and Mockingbird. Highland Park is home to the renowned Highland Park Independent School District, and is consistently rated as one of the nicest places to live in Texas. Highland Park Village provides great shopping and the beautiful Turtle Creek is nearby, perfect for leisurely strolls, not to mention the gorgeous homes in this area that are for sale. Highland Park is the 41st wealthiest city in the US and the 19th wealthiest city with a population over 1000.
Plano was an exciting place to live since its founding and has always given its residents a feeling of growth, expansion and promise. In 1881 the entire business district was destroyed by fire but was quickly restored. In terms of recent population growth, Plano had a 7% increase while Allen showed a whopping 11% increase. McKinney weighed in at a 9% increase and Frisco came in at 8%. Plano TX has been offering residents and fellow newcomers job opportunities such as gristmill works, sawmills and general store works. That’s what drove people to settle this place long ago and still is, right up to this day a good location for opportunity.
Lake Highlands is famed for its dedication to families and community. Lake Highlands has pockets of dilapidated housing interspersed through its area, but its single family detached neighborhoods are pretty stable. Far east of Dallas is different where several neighborhoods are turning into rental communities or ultra-cheap housing. Lakewood in Dallas, Texas is a collection of established neighborhoods of older homes with wide streets and mature trees, located east of Dallas near Whiterock Lake. There are several Historic and Conservation Districts within the area protecting the many old homes and history of the Dallas vicinity.
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