Investors can find plenty of investment property opportunities throughout the greater Dallas area. As you learn more about the DFW rental market, you'll quickly find that every neighborhood has its own unique properties, characteristics, demographics, and charm.
No matter which neighborhood best fits your real estate portfolio, there's one consistent thing that every rental property owner needs for success in this area: professional Dallas property management services. Having one company that can manage all of your properties to success—no matter their location throughout the Metroplex—means real estate investors have wide-ranging opportunities to boost their passive income in the Dallas area.
Have you started your search for more rentals in DFW? No two communities are quite the same! Let RentHub help you find the best picks for your portfolio! Here's an inside look at a few of the area's most popular investment neighborhoods—and why we love helping investors make money in these communities.
The Uptown area attracts young professionals with an active lifestyle who want to live, work, and play in the same area of Dallas. It's one of the most walkable neighborhoods in the Metroplex with restaurants, retail, and recreation available with short walks in almost any direction between Knox-Henderson, McKinney Avenue, and along Highway 75.
In this area, the residential streets appeal to investors looking for townhomes, condos, and apartment buildings, with a small percentage of detached, single-family homes. With this mix of housing types, Uptown is home to many more renters than homeowners—making it an excellent location for investors looking to add multi-family properties to their portfolios.
This area continues to grow and remains a popular place for young adults and new families. Whether you're new to investing in the Dallas rental market or you're ready to make more money from your current Uptown rentals, work with an expert Dallas property management company to get the most out of your properties in this neighborhood.
If you're familiar with Dallas nightlife and our music scene, you know Deep Ellum has long been a part of that culture. While the area has experienced plenty of ups and downs throughout the decades, it's currently an excellent place to enjoy live music, art, and excellent food.
You'll find Deep Ellum bordering the north sides of Highways 75 and 30, spilling over into the Fair Park area on the east side of this community. While there are plenty of activities and excellent walkability options along Elm, Main, and Commerce streets, Deep Ellum has a small residential population compared to other neighborhoods in the area.
However, that doesn't mean investors should overlook the neighborhood when planning for your next rental property! While the number of residential homes is small, most residents rent their homes—and they tend to stay in their rentals long-term when they find a well-managed home that responds to maintenance requests on time.
As properties become available in Deep Ellum, smart investors know to catch them while they can! With an excellent Dallas property management team, you'll find excellent renters who love living in your property for more than one lease term. Support the arts community when choosing Deep Ellum for your next real estate investment!
Old East Dallas
Just north of Deep Ellum, investors can find one of the widest ranges of residential architecture anywhere in the city. From the large stately homes of Swiss Avenue to garden apartments, duplexes, and smaller single-family homes, Old East Dallas is a diverse neighborhood with exceptional investment opportunities.
Parts of this area can seem lost in time. However, you'll also find renovations on small, nearby apartment complexes to bring them into the current decade. The combination of old and updated creates a desirable area that attracts young adults and families.
Regardless of the properties you choose to add to your portfolio, each home has charm and potential for profit for investors! Most Old East Dallas residential properties are rental homes, and renters love to stay in these properties for more than one lease term. When you choose to invest in Old East Dallas, you help revitalize a popular area of town while seizing an excellent opportunity to grow your income!
Further north sits several neighborhoods that combine to form the Oak Cliff area. With a population much larger than Uptown and Deep Ellum combined, investors can find older homes that are ready to welcome area renters!
- The majority of Oak Cliff properties are detached single-family homes that appeal to larger families. About half of the residents rent their homes in this area.
- Over the past several years, these neighborhoods have seen a resurgence of interest in the Dallas area, with a push to revitalize older homes while preserving the charm of buildings and streets.
Residents can enjoy a short walk or drive to the Bishop Arts District within Oak Cliff. This part of town is home to small local businesses, unique restaurants, and plenty of art. It's also close enough to downtown and major highways to make it an easy commute for residents to get to work or enjoy other activities the Dallas area has to offer.
When choosing investment properties in Oak Cliff, make sure your Dallas property management firm provides expert maintenance services and understands how to maintain older homes. Neighborhood residents will appreciate renovations and ongoing upkeep that stay true to the culture of this neighborhood.
After years of neglect and uncertainty, the Downtown Dallas area is quickly becoming another desirable place for professionals to live, work, and play. Old buildings are seeing new life as mixed-use centers that attract young professionals to what used to be a failed cultural hub.
Downtown has the usual aspects of most big-city urban areas, including plenty of tall office buildings, industrial areas, and museums. However, you'll now find highrise apartment and condo living, popular restaurants, a renewed (and popular) farmer's market, and a variety of art and cultural venues that have brought people downtown again.
Most residential property options are rentals, making it an excellent (and in-demand) place for real estate investors to take advantage of the Dallas-area market—and it hasn't stopped growing. Investors can benefit from a mix of new construction and residential renovations made to the existing warehouse and office buildings (the ever-popular loft model comes to mind).
Make sure your Dallas property management company is familiar with the Downtown area! Having the best experts manage your properties and renters helps investors maximize their income in this critical market.
Dallas-Area Rentals Need Dallas-Area Professionals!
Not every local property manager has the expertise needed to handle properties from multiple Dallas neighborhoods successfully! However, when investors choose to capitalize on the investment opportunities in our many communities, they find better success when consolidating their full-service property management needs under one professional Dallas property management company!
RentHub has the local knowledge and industry experience to make every Dallas investment property a success for your portfolio! From well-established neighborhoods to up-and-coming areas, we apply our cutting-edge technology, proven processes, and superior customer services to provide the same high-quality care for every property and renter.
When investors deliver consistent management across multiple properties, they make a statement of excellence in the market. You'll find plenty of unique properties and real estate investment opportunities in Dallas. Let us help make sure each of your properties stands out from the competition and boosts your profits!
Contact us to learn more about our full-service management for just $99/month!