How to Buy Investment Property in Irving TX in 2025
Are you considering the prospect of investing in real estate in Irving, Texas? It’s a decision that warrants careful consideration, and Irving’s dynamic real estate landscape offers a compelling case for potential investors.
Fueled by steady population growth, both from domestic and international migration, the city presents a robust demand for housing. Irving’s appeal goes beyond its demographic expansion, with factors like affordability, abundant job opportunities, and cultural diversity contributing to its attractiveness as a destination for those seeking improved prospects and an elevated standard of living.
Why invest in Irving real estate?
Irving's population has been steadily increasing, bolstered by both domestic and international migration. This growth fuels a strong demand for housing, making the city an attractive destination for those seeking improved prospects and a higher standard of living.
The city's strategic location within the Dallas-Fort Worth (DFW) metropolitan area offers a unique blend of urban amenities and a welcoming suburban environment. Irving's affordability, abundant job opportunities, and cultural diversity further enhance its appeal to potential residents and investors alike.
Irving real estate market trends
As of January 2025, the Irving housing market has shown significant growth:
- Median Home Price: The median sale price of a home in Irving reached $400,000, marking a 15.9% increase compared to the previous year.
- Market Competitiveness: Homes in Irving typically receive one offer on average and sell in approximately 56 days, indicating a somewhat competitive market.
- Inventory Levels: The number of homes for sale in Texas has surpassed pre-pandemic levels, with a 20% increase compared to 2019.
These trends suggest a healthy and growing real estate market in Irving, offering potential for both appreciation and rental income.
Hot neighborhoods for Irving investment properties
Las Colinas
Known for its upscale living and business-friendly environment, Las Colinas offers a mix of residential and commercial spaces. Investors may find opportunities in both rental properties and upscale housing options.
Valley Ranch
A master-planned community, Valley Ranch appeals to families and professionals alike. Investors exploring this area may find opportunities in single-family homes and multi-family units.
Irving Arts District
With a focus on arts and culture, this district presents unique investment opportunities, especially for those interested in the development of cultural and entertainment spaces.
Cottonwood Valley
An affluent residential neighborhood, Cottonwood Valley offers exclusive living spaces. For investors seeking high-end properties and a more luxurious market, this neighborhood is worth exploring.
Irving is not only a city with a highly promising future, but it’s also a city that is already thriving at present. Before making any real estate investment decisions, it’s crucial to thoroughly understand the overall landscape through comprehensive research and consultation with local experts.
How to buy an investment property in Irving, Texas
The process for investing in Irving, Texas real estate can be broken into five steps:
1. Determine your investment strategy
There are many ways to build wealth with real estate. Your first step is to decide which strategy is right for you.
Do you want a single- or multi-family home? Are you up for a fix-and-flip or a BRRRR? Or do you prefer a turnkey rental property with tenants locked in? What about a new construction project?
There are pros and cons to each real estate strategy, and before diving in headfirst, you need to determine which plan makes the most sense for you.
2. Plan your financing
Explore financing options, including conventional loans, hard money loans, or joint ventures. Understand the requirements and timelines associated with each option to make informed decisions based on your investment goals.
3. Go property hunting
Connect with local wholesalers and real estate agents specializing in Irving to discover off-market opportunities. Consider factors such as vacancy rates, population growth, and development projects when evaluating potential investment properties.
4. Secure financing
If time is of the essence, explore financing options that offer quick approval and closing. Whether opting for conventional loans or hard money loans, having a pre-arranged financing plan positions you for better success in your plans. At Longleaf, rental loans take as little as two weeks, and short-term residential loans (AKA bridge loans) can close in 48 hours.
5. Refinance (if necessary)
If you take out a bridge loan for fast financing, you eventually need to refinance. Bridge loans are meant to “bridge” you over from the time of purchase to the time of refinancing — usually 6 to 24 months.
You can refinance with a conventional loan if you qualify. If not, a long-term rental loan comes with fewer restrictions.
At Longleaf, we can save you fees by bundling your bridge loan together with your refinance.
Need financing for an investment property in Irving?
Longleaf Lending is a Texas-based private lender and offers flexible loan programs designed for property investors who need to close as fast as possible. If you have any questions about investment property financing, give us a shout at 979-200-2823 or info@longleaflending.com.