I’ve been in Denton nearly 10 years. Managing properties here since 2007, I’ve learned not just the best place to buy a house, but also the best place to buy a burger. It’s home. It’s also a real estate investor’s jackpot. In fact, Denton County ranks as the #4 best city to relocate to in the US – and for good reason. So I want to share a few things you should know if you’re looking to invest in Denton County.
1. Denton Is a College Town
Denton, the county seat of Denton Country, is home to two major colleges: University of North Texas and Texas Women’s University. Even though we don’t lease to many college students, this keeps the cost of living down. It also skews the reports for median income in the area. If you’re looking at the town’s stats, keep in mind all the college students included.
2. Denton Has the Lowest Average Home Price in the Area
With the most affordable housing in the North Dallas area, Denton’s appeal keeps growing. And it’s still close to everything. The county reaches as far south as Flower Mound and as far east as Frisco. Plus, it boasts multiple lakes and attractions making the location even more desirable.
3. Companies Are Choosing Denton County
Several corporations are choosing to relocate to Denton County, which will keep driving prices up. As Toyota makes its move from California to North Texas, they bring an influx of employees. They also bring jobs, which attracts even more people to the area. Because of Denton County’s appeal to major companies, its growth has no end in sight.
4. The Population Is Multiplying
In 2000, Frisco was home to 33K people. Today, 150K call Frisco home. Because of company expansions, like the Toyota move, many people come to Denton County from out of state. And those tenants are looking for a place to live.
5. Denton County Includes Frisco – One of the Best Places to Live!
Frisco is booming for a reason. Its schools rank in the 92nd percentile, home ownership is high, and the crime rate is low. On top of all that, it’s a fun family environment with rec leagues for any sport, and miles of hiking and biking trails. All that has made it #3 on the list of best places to live in Texas.
If you’re looking for a hot market for your next investment, let us help you find the perfect property in Denton County. Send us a message to get started.
Featured Image: Denton County Courthouse via Wikimedia Commons