Hmmm... dunno about that. I thought White Settlement was in a not so good area.
My area is excellent for investment property. Sachse.
Periodically we have groups of investors buy up a bunch of houses around here. Idiot builders are still building... making it so easy for someone to buy a house who really cannot afford it.
So, there are loads of houses for sale all the time.

Thanks txtravelpro - that is good to know - I will mention your area to the gentleman that dh is working with. In our area (Orange County California) It is still very hard to buy investment property without being very off in the rent to mortgage ratio (even with it being a buyers market right now).

Well, I don't know anything about investment properties obviously.
House prices run between 125k - 500k out here. Most are less than 7 years old. I have often seen houses sell 10k-15k under market value (maybe more).
BUT if I had to rent my house right now, it would equal my payment. Out here, paying 1200.00 rent for a relatively new 2000 square foot, 3 bedroom home is about right.
Is that a decent ratio for an investment property?
Most of the houses out here do not need a lot of work. The house down the street from me was empty for 2 years and it finally sold 13,000. below market. The only work it needed was some landscape cleaning... weeds had grown in the beds, lawn had not been fertilized, etc...

I visit Dallas because my grandchildren live there, being held for ransome.

Beware of the x-ways, especially LBJ and Central. Gridlock in a.m. and p.m. and even during the day. S-l-o-w going. Try and find something that would avoid them if possible.

Thanks Txtravelpro - I do not know a lot about investment property either but dh does. I do know that here - rent is lower then mortgage if I were to buy today.
A house in Newport beach might be 2 million dollars - I either have to put down a lot of money - or ate the difference every month - we are trying not to do that - (have to much of a negative)
Thanks again for the feedback.

I would concur on the Grapevine/Southlake recommendations, but would add Colleyville to the mix. Near the 121 freeway, closer to the airport and cheaper than Southlake. Fantastic area!!! Great schools, too when you get to that point. Close enough to Grapevine for the restaurants and movie theaters, about 30 minutes to fantastic shopping in Dallas, without the day to day hassle of traffic. We lived in Colleyville for 3 years and loved it! Would move back in a heartbeat if we could.