With over 131,000 people moving to Dallas-Fort Worth last year, it’s safe to say the Metroplex is a desirable place to be. As more residents, businesses, and visitors flock to North Texas, the appeal for real estate investors continues to grow. Here are seven reasons the DFW metroplex is the perfect place for your investment.
1. Three of the ten fastest-growing U.S. Cities are in North Texas.
The U.S. Census Bureau recently issued its 2015 population trends report and the state of Texas has seen a ton of growth. Three of the ten fastest-growing cities with a population of over 100,000 are in the DFW Metroplex. Which cities made the cut? Frisco, McKinney, and Denton, the location of our new office and a highly desirable area for putting down roots.
2. DFW Int’l Airport is the ninth busiest airport in the world.
The DFW airport served over 63 million passengers last year, with 204 total destinations around the world. As the ninth busiest airport in the world, it’s the perfect hub for business or personal travel – a positive for rental tenants. The central location within the country also means quicker and easier travel for out-of-state investors.
3. Twenty-one DFW companies are on the Fortune 500 list.
The list of Fortune 500 companies in DFW continues to grow, with 21 companies making this year’s cut. These growing businesses, as well as out-of-state companies relocating to DFW, will continue to bring more residents to North Texas. More residents means greater opportunities for real estate investments.
4. The Dallas-Fort Worth Metroplex is the nation’s fourth largest metropolitan area.
Home to more than six million residents, the DFW Metroplex is the nation’s fourth largest metropolitan area. Almost two million residents are first- and second-generation Americans, one million are school aged children, and more than 161,600 are college and university students.
5. DFW is home to 20 of the billionaires on Forbes’ wealthiest Americans list.
There’s plenty of money to be made in the Dallas-Fort Worth area. and the Forbes’ wealthiest Americans list is proof of that. Twenty DFW residents made the list, including Mark Cuban and Jerry Jones – did we mention our sports teams are pretty popular, too?
6. Dallas was named America’s friendliest city for business.
Not only is Dallas a “promised land of sorts to which businesses are flocking,” residents here are welcoming new businesses, visitors, and permanent residents with open arms. According to MarketWatch, locals are quick to mention the impressive rate at which we gain a new resident (every five minutes!) and we say it with a smile on our face.
7. The frozen margarita machine was invented in Dallas.
Hey, we’re not all business! Dallas was home to the first frozen margarita machine, invented by Mariano Martinez over 40 years ago. We also boast America’s tallest indoor Christmas tree, the world’s largest urban arts district, and the tallest cowboy in Texas.
Ready to see what Dallas has to offer? Contact us today and let us help you find the perfect DFW investment property.