Buying Foreclosure Homes in Dallas, TX: What You Need to Know
Dallas is a family-friendly town that offers a wide variety of attractions. The Medieval Times Dinner & Tournament is a unique and exciting experience. For a more tranquil scene, visit the Dallas World Aquarium. History buffs can make their way to the Dallas County Historical Plaza to tour the John F. Kennedy Memorial. Make a reservation in one of the two classy restaurants in the famous Reunion Tower for a romantic date night with a spectacular view.
If you’re searching for foreclosures in Dallas, TX, Homefinder has everything you need to find the right property. We update our listings every day, so check back regularly to see even more Dallas foreclosures.
Know Your Neighborhoods
Uptown is a popular neighborhood for young professionals and empty-nesters. It is within walking distance from local cafes, bars, and boutiques. Apartments and townhouses compose most of the housing in this area, and renting is more common. Preston Hollow is a high-end neighborhood in Dallas. Massive, lux homes rule this area. The lowest price for home is about $2 million. Most residents are business leaders and are very wealthy. Couples and young families can find affordable housing in the M Streets neighborhoods that include Greenland Hills Conservation District and Greenville Avenue. Ranging between 1,000-4,000 square feet, buyers can expect to pay from $200,000 - $500,000 for a home in this area.
Affordability of Dallas Real Estate
If you are planning on relocating to Dallas, TX, it is essential to know the prices for living expenses. Below are average prices for the main costs you may incur.
Median Salary: $42,259
Average Rent for a 2-bedroom apartment: $1,607
Average Home price (3-bedroom, 2 bath): $408,230
Transportation Costs: Gas $2.50 per gallon / Dallas Area Rapid Transit are $6 daily / $96 annually
Healthcare Costs: Doctor’s visit is $120 / Dentist visit is $119
There are various college sports programs available in Dallas, such as the Patriots baseball of Dallas Baptist University and the Mustangs of Southern Methodist University. Dallas has six professional sports teams: the Dallas Cowboys (NFL), Dallas Mavericks (NBA), Texas Rangers (MLB), Dallas Stars (NHL), FC Dallas (Major League Soccer), and Dalla Wings (WNBA). You can attend sporting events at the American Airlines Center, Moody Coliseum, and the AT&T Stadium, amongst others.