Many people are moving to the North Dallas Suburbs, and the housing market is HOT. Anyone interested in the Richardson, Texas housing market might be interested to hear that home prices have risen 5.1% since last year and the average time on the market is around twenty-one days in Richardson, Texas. For long-time Richardson locals looking to retire, this might be good news. That paid-off home could be a sweet little retirement nest egg they are ready to crack open. property in Texas that we manage

But hold on there. If you are one of those lucky long-time Richardson homeowners, are you ready to sell your house? Or are you worried that you’ll kick yourself later?

You may want to explore the U.S. in an RV for a few years. Or the kids may not be ready to start their own families yet but have said they’d like to raise them in the family homestead.

Your investments may be diversified. And owning several properties isn’t your “thing.” But you still have one lovely house, and it seems like it could be better to put it on the market. That could be your intuition telling you to hold on to it. And while you’re holding on to it, why not have it do some work for you?
Richardson, Texas, single-family home property service can manage the work while you travel.

Owning property in the North Dallas Suburbs is a good investment. Ask any property investor who’s adding residential homes to their portfolio. Although many try to predict the market, no one can truly tell you what will happen next with 100% accuracy. We do know this: Richardson, Texas, is going to continue to grow. New families appreciate the good schools, low crime rate, and strong sense of community.

The town’s community is revitalizing, too. Richardson plans to repurpose the business areas around the 75 South Central Expressway. It’s called the CORE district (https://www.richardsoncoredistrict.com/downtown), and it’s taking shape.

There are several districts within the CORE, such as:

  • Chinatown: A culturally focused district offering food, shopping, and entertainment. Families can dig into the best ramen, curries, and Middle Eastern desserts.
  • The Heights: Keeps the movies interesting with a new Alamo Draft House. An array of burger and brew restaurants, Indian sweets, and hair saloons make it an all-day adventure.
  • Lockwood: Is the latest part of the Core District. Several old buildings are being reused for co-working spaces, a coffee house, and a distillery. The arts appear to be part of the plan, too.
  • Downtown: This project will offer mixed-use buildings in a charming downtown environment, with walkable urban living, great restaurants, and local shopping.
    Interurban: Richardson residents can take the DART light rail here, visit a few boutiques, and relax at Eiland Coffee Roasters.

These revitalized areas will also have apartments and lofts for those who are OK with that lifestyle. But for most Richardson families, a house with a yard and space to run around is the right fit. So, if you decide to retire and travel, leave our Richardson, Texas, single-family home property service (https://www.ntxpm.com/contact-us/) with the task of managing your rental. We’ll make sure it’s in great shape when it’s time to return and see what’s new in the community!