Great location. Post War homes often 2bedroom 1bath or 3bedroom 1 bath, occasionally with garage. Many long time residents still in the neighborhood.
I see many people walking to DART light rail from this neighborhood, so that can give you transportation.
There are some rentals, but always tough these days with vouchers.
Best thing to do is check with your counselor to see if they have a list of owners who will accept your voucher.
Best wishes and good luck.... more
It should be fine, however you need to research on the internet this neighborhood or any neighborhood you want to live in. Be pro active on your search. Then pick any 1 Realtor to work with only on getting your home.... more
Historically Kiest area has not been good..............Look at the immediate area(10-12-15 blocks), are there any retailers like Best Buy, Bed, Bath & Bey, sporting goods? No. Title loan companies & payday loan sharks, tire shops and convenience stores with bars on the windows.... more
around 400.00 dollars a month, you just said that the area is poor, actually i grew up in that area. can you send me information about this property, i would like to see it,and if you are willing i'm interested. firstname.lastname@example.org Dale... more
To answer the question, market value (as stated by an appraiser) and sales value are not always the same. The seller can choose to take less for the home and give the amount between the sales price and the market value for the borrower to use toward closing costs and pre-paids (taxes & insurance) in an amount up to 3% for conventional loans and up to 6% for FHA loans If the seller wants more than the market value, then the borrower would have to pay the difference between market value and and sales price since the lender will only let you borrower a percentage for whatever the market value is (as determined by the appraiser). LTV is 95% for conventional and 96.5% for FHA. For example, if the borrower has a house that is valued at 100,000 and they want to charge 105,000, then the borrower would not only have to come up with their downpayment, but would also have to tack on an extra $5000 to what they put down in order to buy the home. Please call me if you have any questions 972-854-3270.... more
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase, or not, in specific neighborhoods.
This question was posed in 2009 but the historic District is timeless so I will answer it today since you are reading this now. The Historic District spans several neighborhoods including The State Thomas neighborhood of Uptown Dallas, Downtown Dallas, Swiss Avenue, M Streets, Lakewood, East Dallas, Highland Park, University Park and Bryan area to name a few. All are highly desireable neighborhoods to Urban Dwellers. They boast Industrial Lofts downtown, Prairie Style homes, the Texas Ranch Style,Colonial Revivals, Craftsmans, Foursquares, and a wealth of Spanish Mediterranean and Tudor houses. These neighborhoods have kept their value and most rentals lease quickly! Now is a good time to invest in Bryan Area especially. Low interest rates and low home pricing makes it a great time to buy. But, also Downtown Dallas has been forecast to grow 500% by the year 2030. You do the math, then call me and let's get started.
Dallas Urban Realtor
DFW Urban Realty, LLC... more
If you are thinking about moving to the DFW area and one of you is working in Plano, I would suggest Allen, lots of new development, with restaurants and shopping. Addison is another great area for the contempary living style, tons of places to shop, eat and play, most in walking distance.
I like Rich's answer except that Deep Ellum is past its heyday. The river project may cause more interest in in-filling, but with so much going on in the suburbs, it's hard to believe, as Eric says, that it will happen any time soon.
Gentrification relies on money, which seems to be short supply right now. It also takes someone with a vision to spearhead it. You could be one of those on the ground floor, just call and we'll arrange for you to see some of those extremely low-priced houses. If you want to buy a couple of dozen of them, that'd be great.... more