Adding Equity In Addison, Texas
Many cities across The United States are seeing an increase in real estate activity in the past several months. This increase in activity is largely due to the influx of young adults seeking meaningful career opportunities. One area that is seeing this increase in activity is the Dallas, Texas area and the cities that surround it. This area offers a variety of career opportunities, housing options, and entertainment for people of all ages.
One suburb of Dallas that is a great place to invest in is Addison, Texas. This town is located north of Dallas and is easily accessibly to the downtown area via the Dallas North Tollway. Addison has a population of just over 15,000 and covers an area just under four and a half mile radius. It is known best for the various events hosted there throughout the year such as Taste of Addison and Addison After Dark. The various pubic art displays are another reason people are drawn to this town. Aerial Ballet-Monarch, A Profound Secret, Intersection in Flight, and Blueprints are among the top visited sculptures.
The town of Addison has dozens of shops, boutiques, and over 180 restaurants to suit anyone's shopping, dining, and entertainment needs. 84 Point Coffee, Andiamo Italian Grill, Antonio's Ristorante, and Bitter Sisters Brewery are only a few of the immense options to choose from. Individuals who enjoy the outdoors can choose from over a dozen parks and designated hiking areas such as Addison Circle Park, Addison Town Park, and Redding Trail Linear Park. These community areas include playgrounds, dog parks, splashpads, and other various amenities. Cavanaugh Flight Museum, Water Tower Theatre, Addison Improv, and the Mary Kay Museum are also popular destinations for residents and visitors alike.
The real estate market in Addison is yet another reason people are drawn to this area of the Dallas metropolitan. The town offers a variety of housing options that suit any household's needs from small apartments, luxury condominiums, to modern single family residences. Many of these properties include various amenities such as open floor plans, state of the art appliances, and swimming pools. The median housing price in Addison is around $350,000. This median value is slightly higher than Dallas' and is up about 9% from last year. Statistics show that this increase in value can be expected to continue through the next year.
The projected increase in values, along with the relative location to Dallas, makes Addison a great opportunity to purchase an investment property. Addison Rental property opportunities are as diverse as the market allows. Monthly rental amounts for the area range from $900 to $3,000 a month. These properties include typical residential properties such as apartment buildings, condominiums, townhomes, and single family residences.
Potential investors looking at purchasing property in this town should also consider their Addison Property Management options. Many investors do not have the time to manage their properties on their own. This is why property management companies, such as Brickyard Property Management, are a good investment.
Addison Property Management services typically contain renting out the property and collecting the rental fees. Brickyard Property Management takes these tasks and expands to include every aspect of the Addison Rental process. The team of skilled professionals will vet out each potential client, collect all fees due, and will even handle any necessary evictions. The company also offers maintenance and lawn services for each property under their care.
Brickyard Property Management was founded in 2004 and has successfully managed thousands of properties. Their staff is made up of skilled professionals who have over 28 years combined experience in every aspect of the real estate industry. They offer competitive rates and a variety of package options. Brickyard Property Management vets all their potential tenants and even offers a money back guarantee in the event of an eviction in the first six months of a rental lease.
Learn more about our management solutions: (469) 436-3645
Full-service management for local property investors
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Discover Our Services
01. We're Always Ready to Take Your Call
When you have questions or concerns, you shouldn't feel like your property manager is a million miles away. We strive to stay easily accessible and respond to phone calls and emails quickly, providing unbeatable peace of mind.
02. Stay Connected with Us Digitally
Hey, we get it—you don't want to jump through hoops to connect with us. We make it easy with our digital account system, which provides instant access to your statements, account notes, and more.
03. Our Team Provides Sensational Customer Service
Tired of dealing with grumpy property managers who treat you like a burden? At Brickyard Property Management, we promise to prioritize you and do everything in our power to keep your home performing optimally.
04. Our Integrity Isn't For Sale
You don't want to work with a property manager who tries to nickel and dime you or pulls the wool over your eyes. Our team is committed to transparency and honesty and we work diligently to get you great results.
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Residential Property Management Across the Metroplex
If you own DFW rental homes, come to the experts.
Dallas-Fort Worth has one of the most dynamic property markets in the nation, with thousands of new residents driving housing demand each year. Owning a local property can be a lucrative investment, but you need to take the right approach to management or you could find yourself bleeding money each month. Working with a professional management team is the simple way to get the most out of your real estate holdings.
At Brickyard Property Management, we offer full-service management for property owners in Richardson, Plano, Garland and more. Our flexible management packages are designed to help you achieve your performance benchmarks. Whether you own one property and need some help from the experts or you're juggling a large portfolio of rental units, we have the expertise and resources you need to succeed.