The idea of an income property appeals to lots of real estate buyers. If you’re up for the challenge and responsibility, this investment can generate income and build your net worth more rapidly than a single-family property alone. 

In today’s Splurge vs. Steal, we’re looking at two multi-family buildings in Dallas. Both are priced under a million dollars, which makes them somewhat rare in the market. There are pros and cons to each — which income property would you buy if you had the opportunity? 

 

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Crest Haven Place contemporary

The Crest Haven Place contemporary stunner at 8418 Lakemont  Dr. is one of our three featured open houses this week.

Just west of Bluffview, one of the gorgeous neighborhoods of Dallas, is Crest Haven Place. It shares the appealing general location of Bluffview, and is a neighborhood in transition. Many incredible luxury builds are going up there, like the Crest Haven Place contemporary that tops our CandysDirt.com Dallas Open Houses of the Week column. 

This week, our houses range in price from $414,900 to $1,137,500. In addition to the Crest Haven Place contemporary, there’s a swanky One Arts Plaza condo and a Junius Heights Craftsman. Let us know what you think of our choices, and if you know of any we should feature next week!

 

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