Real Estate Investment in Dallas, TX

If there’s any U.S. city deserving of being called “all-American” it’s Dallas. Its rich history and tradition make it one of the most iconic areas in the country and its lofty status continues in part thanks to its tremendous economic success. Just how successful is its economy? Dallas/Fort Worth/Arlington had a combined GDP of approximately $512 billion in recent years. To put that in perspective, if this region were a state, it would rank #9 among all others in the United States!

There’s more good news for investors: since the 2009 recession, employers in the Dallas area have created almost 800,000 new positions and nearly every employment sector is in positive territory over the same timeframe. Just as promising, the local population gained 1 million residents between 2010 and 2018, providing a solid renter base for real estate investors; many of these are millennials who are attracted to the area’s relatively low cost of living. What does the future hold? Continued relocation and expansion of major companies in the area promises sustained economic success for this American sweetheart city.

Market Highlights

• 26% of the population earns an annual avg. of $100,000
• Ranks high among U.S. cities with most $100K-plus jobs available
• Leading international distribution and logistics center
• Boasts a world-class international airport that aids its tourism sector
• Home to 22 Fortune 500 company headquarters, 3rd most in the nation for 2019
• #10 city for jobs in 2018 – (Wall Street Journal)
• Ranked #2 for nation’s healthiest housing markets in 2017 (CNBC)
• Ranked the 13th best large city in the nation in 2019
• 1st fastest-growing metro nationally in 2018 (Census Bureau)
• Largest metro in Texas
• Home to 6 major sports teams: Dallas Mavericks (NBA), Dallas Cowboys (NFL), Texas Rangers (MLB), FC Dallas (MLS), Dallas Stars (NHL), and Dallas Wings (WNBA)
• Dallas is soon to be home to the Trinity River Park, a 10,000-acre urban park ten times larger than Central Park
• Headquartered in Dallas: AT&T, Exxon Mobil, American Airlines Group, Southwest Airlines, JCPenney, and Frito-Lay
• Added more than 800,000 new jobs since 2010, more than any other metro
• Dallas Metro leads the way in percentage payroll growth since 2008 (Bloomberg)

Northwest Dallas

The northwest is home to some of the biggest companies in the US, such as AT&T and Exxon Mobil. The Dallas Mavericks play outside the city but the area is also home to great school districts. If you are looking for good schools, sports, and Fortune 500 companies, check out the northwest.

• American Airlines Center - Dallas Mavericks stadium
• Dallas Fort Worth International Airport
• University of Dallas
• Continental Bridge - latest attraction and fun bridge, connects West Dallas and downtown
• $1B Facebook Data Center - Fort Worth
• John F. Kennedy Memorial Plaza
• Dallas Museum of Art - art collection spanning 5,000 years
• Galleria Dallas - a large shopping mall
• Grapevine Mills - a large shopping mall in Irving
• House of Blues - concert venue
• ExxonMobil Corporate Headquarters
• AT&T Corporate Headquarters
• Parkland Hospital

Northeast Dallas

Fair Park is the hot spot in Dallas. The northeast, like the southeast, has the Fair Park, but it also has more variety of shopping malls and stores.

• The University of Texas at Dallas
• Southern Methodist University
• NorthPark Center - North Dallas shopping mall
• Home to Fair Park - 277 acres with 8 museums, 6 performance facilities, 1 major sports stadium
• Cotton Bowl Stadium - a college football stadium
• Dallas Arboretum & Botanical Gardens
• Whole Foods Market
• Adventure Landing - theme park outside Dallas

Southwest Dallas

Home to the Dallas Cowboys and Texas Rangers. The presence of 2 major stadiums helps assure investment in the nearby area. Most important, the southwest is for those who love the outdoors. Cedar Ridge Preserve and Mountain Lake Creek are two of the desirable outdoor spots for locals. The southwest region is growing faster than any other region next to Dallas.

• AT&T Stadium - home to Dallas Cowboys
• Globe Life Park in Arlington - home to the Texas Rangers
• Reunion Tower - iconic observation deck with city views
• Dallas Zoo - 2,000 animals and 95 acres
• Six Flags over Texas - amusement park
• Six Flags Hurricane Harbor - the largest water theme park in Dallas
• Texas Christian University
• The Parks at Arlington - a large shopping mall
• Dallas Baptist University

Southeast Dallas

Dallas will soon be home to one of the largest urban parks in the nation, increasing the number of visitors in the southeast. The Harold Simmons Park will connect the south with the wealthier north. The southeast is home to Fair Park. Fair Park is a hot spot in Dallas. Investing by the park is a solid bet for investors due to the presence of infrastructure, museums, and sports in the east. The southeast is home to some lower income neighborhoods but is close to the Great Trinity Forest, which is also part of Dallas’ Trinity River Park Project.

• Harold Simmons Park (2021) - 285-acre park, connects downtown
• Home to Fair Park - 277 acres with 8 museums, 6 performance facilities, 1 major sports stadium
• Starplex Pavilion - an outdoor entertainment venue
• Cotton Bowl Stadium - a college football stadium
• Dal-Tile Corporation Corporate Headquarters