State: Texas
The City of Cowboys & Culture is the 12th-largest city in the United States and has many attractions to offer visitors and locals. So it’s no surprise that Fort Worth, Texas, is a popular place to buy an investment property.
Fort Worth’s rapidly appreciating housing, modern city center, and job growth have produced great real estate investment opportunities over the past few years. As a result, there are a variety of homes for sale, and whether you plan to manage your property yourself or employ a property manager to do the dirty work, Fort Worth homes could be integral to your cash flow.
You’re encouraged to explore the real estate market in Forth Worth, learn why many people love it as an investment opportunity, and discover how Fort Worth homes can be easily integrated into your portfolio without ever becoming a landlord.
Real estate investors and homebuyers are flocking to Fort Worth. The National Association of REALTORS® ranked it one of the hidden gems for investors because of the wealth of work and leisure opportunities available to renters.
Two of the neighborhoods rumored to have the best properties for real estate investment are:
You may want to consider the nearby city of Arlington if you’re planning to invest in rental property. It has homes for sale with quick and easy access to the entire Dallas-Fort Worth (DFW) area. If you’re interested in buying investment properties outside downtown Fort Worth, you could explore other parts of Tarrant County or venture toward Keller, Austin, or Houston.
Often known as the most ‘Texan’ city, Fort Worth is a great place to live or own a real estate investment property. It has a vibrant downtown with many retail, leisure, and cultural opportunities for homeowners and property investors. So, it’s no wonder the young professional demographic is flocking to rental properties in the area.
Fort Worth has an amazing cultural scene. If you’re interested in film, you won’t want to miss the annual five-day Lonestar International Film Festival.
Rental property in Fort Worth is expected to appreciate because of the attractive prices and record home values combined with the low housing supply. As a result, new homes are being planned, and new construction is taking place to make space for the growing population.
There appear to be plenty of prospective first-time residents eager to move to Fort Worth because of the growing job market in the area. In addition, property investors are snapping up available real estate keeping property managers busy.
Fort Worth has been home to the headquarters of American Airlines for some time, and in 2021 Charles Schwab moved into the area, bringing thousands of new jobs with them.
Leading industries in Fort Worth include manufacturing, distribution, oil and gas, defense, and technology. The biggest employers in the DFW Metroplex area are GE, BNSF Railway, Exxon Mobil, and AT&T.
If you’re interested in investing in rental homes, check out Arrived today.