Fort Worth hard money lender
Longleaf Lending is a Texas-based, local hard money lender serving real estate investors in Fort Worth, Texas. We offer fix and flip, new construction, long-term rental, and multi- family bridge loans across the Fort Worth area.
Is Fort Worth, Texas a good place to invest in real estate?
Check out our in-depth post about investing in Fort Worth real estate in 2023.
Located in North Texas, the DFW is the largest inland metropolitan area in the United states and the fourth largest metropolitan area by population, boasting a population of 7.5 million people.
Also called the Metroplex, DFW spans 11 counties (Collin, Dallas, Denton, Ellis, Hunt, Kaufman, Rockwall, Johnson, Parker, Tarrant and Wise) and is economic hub of North Texas.
The principal cities of the Metroplex include Dallas, Fort Worth, Arlington, Plano, Irving, Denton, Grapevine and Richardson.
Dallas and Fort Worth were developed as a major railroad transportation hub to move cattle, cotton and oil from North and East Texas.
DFW serves as major transportation hub with 4 interstate highways and one of the busiest airports in the world, the Dallas/Fort Worth International Airport.
DFW boasts a diversified economy, home to 24 Fortune 500 companies, ranking 3rd behind New York City and Chicago.
DFW’s economy has strong footprints in the following industries: banking, commerce, insurance, telecom, technology, energy and transport/logistics.
Notable companies headquartered in DFW include: Exxon Mobile, McKesson, AT&T, Energy Transfer, American Airline, CBRE Group, Southwest Airlines, D.R. Horton, Builders Firstsource, Celanese, Kimberly-Clark and Tenet Healthcare.
Quick Glance: Real Estate Investment in Fort Worth, Tx
|Median Sale Price||$340,000|
|Median days on market||48|
|Median Rent (1BR)||$1,293|
|Median Rent (2BR)||$1,575|
Best Areas in Fort Worth to Invest in Real Estate
1. Fairmount: The beautiful neighborhood, dating back to the 1800s, has seen a rise in investment and growth over the past decade. All of these developments — including plans for a brand new skate park this year — continue adding value to the neighborhood. And even amidst all the interest, there is still room for new investors.
2. Westlake: Westlake is a town located at the border of Denton County and Tarrant County’s northern tip.
It is the home of the new Charles Schwab headquarters, which moved in from San Francisco.
3. Arlington: It’s home to The University of Texas at Arlington, Texas’ fourth-largest university. With around 40,000 enrolled students and five years straight of record-setting numbers of incoming freshmen, it’s a great place to own a rental property.
See more in our article How to Buy Fort Worth Investment Property.