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Updated at 11:05 a.m. Monday: Revised to include information about a hard freeze watch.
Don’t let the Monday morning sunshine fool you into thinking North Texas is done with winter weather.
Another round of freezing temperatures and the likelihood of snow is headed this way again with the arrival of a cold front Monday afternoon. The northern swath of North Texas, including Denton and Grayson counties, will likely experience the worst of the cold front as Tuesday slides into Wednesday.
Here’s what to expect:
The cold front will move into North Texas around 3 or 4 p.m. Monday, bringing with it some light rain. That will likely turn into a wintry mix around 6 p.m., as temperatures continue to drop, meteorologist Bianca Villanueva with the National Weather Service said.
Monday evening travel is expected to become dangerous and difficult, and it could remain hazardous into Tuesday as temperatures are expected to stay below freezing.
Compounding the hazardous driving conditions is the wind chill thanks to 10 to 15 mph winds. That will make it feel like we’re in the single digits Monday evening into early Tuesday, Villanueva said.
After 10 p.m., that wintry mix will transition into a very light snow that will continue overnight.
Dallas-Fort Worth could get about half an inch of snow as the weather moves south into Central Texas, she said.
A winter weather advisory has been issued for several North Texas counties including Dallas, Tarrant, Collin and Rockwall. It will begin at 6 p.m. Monday and end at noon Tuesday.
The Dallas forecast calls for a high in the upper 20s on Tuesday. But once the sun sets, temperatures across the immediate area are expected to fall to the teens.
Denton County and neighboring counties to the north, however, could experience temperatures in or near the single digits. The National Weather Service has issued a hard freeze watch for those counties for Tuesday night.
After all precipitation has come to an end: Hard Freeze Watch has been issued for areas north of a line from Eastland to Denton to Paris, where Tuesday night temperatures may drop into the single digits. Lows in the teens will occur elsewhere. pic.twitter.com/XviKiAIsNc
— NWS Fort Worth (@NWSFortWorth) January 15, 2018
Temperatures will likely stay in the 20s and 30s on Wednesday and are expected to jump back into the 40s on Thursday.
3:15 PM: Winter Storm Watches and Advisories have been posted for portions of North Texas and all of Central Texas. Light amounts of winter mix will lead to hazardous travel Monday night and Tuesday. #txwx #ctxwx #dfwwx pic.twitter.com/uRVSCjnDIm
— NWS Fort Worth (@NWSFortWorth) January 14, 2018
Here’s what KXAS-TV (NBC5) has in the forecast:
Tuesday: 29/21Wednesday: 34/16Thursday: 43/23Friday: 57/34Saturday: 67/48
A record number of North Texas homes changed hands in 2017.
More than 106,000 preowned single-family homes were sold in the area by real estate agents. That’s 5 percent more than the all-time high sales in 2016.
North Texas home sales have risen more than 60 percent since 2010.
The 2017 sales increase was helped by a jump in December home purchases. Real estate agents sold 8,990 houses last month – a 12 percent rise from December 2016, according to data from the Real Estate Center at Texas A&M University and North Texas Real Estate Information Systems Inc.
Median home sales prices in December were 8 percent ahead of where they were in the same month in 2016 at $250,000.
For all of 2017, home sales prices were 9 percent ahead of where they were in 2016.
"I believe the resale market has more room to grow-both in sales and demand in 2018," said Paige Shipp with housing analyst Metrostudy. "However, as the median price increases, appreciation and sales pace will slow."
Year-over-year percentage home price increases in the Dallas-Fort Worth area have slowed from double-digit gains in 2016 and in early 2017 as more properties have come on the market and price growth has outstripped wage increases.
At the end of December, 17,440 preowned houses were listed for sale with real estate agents in the more than two dozen North Texas counties included in the numbers – 6 percent more than a year earlier. December listings work out to only a 2-month supply of homes in inventory for sale. That’s still less than half of what’s considered a normal market.
One of the biggest increases in North Texas sales came from million dollar homes. In 2017 local real estate agents sold 1,652 homes valued at $1 million or more. That’s a 21 percent increase from 2016 million dollar sales.
Sales of houses priced at less than $180,000 declined in 2017 because of the low number of these properties on the market.
Last year nearly $5 billion was invested in Dallas multifamily assets, as the metro continued to attract both domestic and foreign investors. However, as a result of the recent construction surge, the average occupancy rate decreased in Dallas and Fort Worth alike. The demographic expansion in recent years has little impact on the housing sector. While the city’s population is growing nearly three times faster than the U.S. average, the increase in multifamily stock has remained almost on the same level with the nationwide rate.
This list highlights the metro’s top 10 private, REIT and institutional investor apartment owners, based on unit counts, according to Yardi Matrix data from December 2017. The total number includes units within projects that are completed, under construction, planned and prospective.
Fitzhugh Urban Flats in Dallas
Although Greystar has the lowest number of units in Dallas (5,772) on this list, the company is one of the largest nationwide, where it owns more than 65,000 units. Fitzhugh Urban Flats, the 452-apartment community at 2707 N. Fitzhugh Ave., is the largest multifamily property Greystar owns and operates in Dallas. By the end of the year, the real estate firm is expected to complete Elan Flower Mound, a 466-unit community under construction in Dallas, and Overture Fairview, a 195-apartment multifamily property in Fairview.
9. InterCapital Partners
Shadows of Cottonwood in Dallas
With seven units shy of 5,900 apartments in Dallas, the Chicago-based company acquired two multifamily properties this year. In a deal with McDowell Properties, InterCapital snagged The Vines, a 300-unit community in Lewisville. The firm also purchased the 504-unit Shadows of Cottonwood from Bridge Investment Group Partners. Additionally, InterCapital significantly expanded its portfolio two years ago with the acquisition of six assets totaling more than 1,700 units from McDowell Properties, two properties totaling 658 apartments from Bridge Investment Group Partners and a 240-unit community from Allen Harrison Co.
8. Cross Equities
Tschannen Estates in Dallas
Cross Equities owns 28 multifamily properties in Dallas totaling a little more than 6,200 units, with Granite Redevelopment acting as property manager for all of them. The Addison-based firm purchased the 373-unit Tschannen Estates last year from a private owner, and in 2016 the 160-unit Spanish Timbers from a different private owner. The largest community Cross Equities owns is the 437-unit Spanish Village, located at 3232 Sumter Drive, acquired in 2012 from Latitude Management Real Estate Investors.
7. Madera Cos.
Meadow Ridge in Fort Worth, Texas
With 28 properties, Madera Cos. has 6,641 units in Dallas, most of them located in Fort Worth. Meadow Ridge, a 484-unit community located at 3101 W. Normandale St. in Fort Worth, is the Lubbock-based firm’s largest multifamily property, acquired this June from Rosenberg Brothers Investments. Last year, in three separate portfolio transactions, Madera purchased 10 assets from Starwood Capital Group totaling more than 2,422 units, as well as a 156-unit property from American Equity Real Estate.
6. Cortland Partners
Aleo at North Glen in Irving, Texas
Coming in at No. 6 is Cortland Partners, with 20 properties totaling a little more than 6,806 units. The Atlanta-based company is developing the 50-unit second phase of The Bristol in The Colony, scheduled for completion by the end of the year. In 2017, Cortland acquired the 417-unit Suite 2801 in Euless from Crow Holdings, and the 420-unit 910 Texas Street by Cortland from Hat Creek Partners. The company’s largest multifamily property is the 590-apartment Aleo at North Glen in Irving, located at 7904 N. Glen Drive and purchased at the beginning of 2016 from Bell Partners
5. Knightvest Capital
Magnolia Ranch in McKinney, Texas
Knightvest owns and manages 33 Dallas multifamily properties totaling nearly 9,500 units. The 576-unit Magnolia Ranch, located at 3191 Medical Center Drive in McKinney, is the company’s largest community, bought in February 2015 from Blackstone Group. Last year, the Dallas-based firm purchased the 216-unit Reagan at Bear Creek in Euless from Residential Realty Group, and the 246-unit The Heights in Arlington from Momentum Real Estate Partners. Two years ago, Knightvest acquired seven properties totaling more than 1,600 units in separate transactions.
4. Lincoln Property Co.
The Village Bend & Bend East in Dallas
With only 22 multifamily in Dallas, Lincoln Property Co. owns more than 10,500 apartments. The Herndon, Va.-based firm awaits city approvals for three properties, the 927-unit Gates of Prosper in Prosper, the 1,500-unit Village 121 in Plano and the 152-unit 305 Jack Finney in Greenville. The company is also expected to deliver the 299-apartment Lincoln Kessler Park by the end of May 2018. Once completed, the community will feature one-, two- and three-bedroom apartments ranging from 732 to 1,377 square feet. The Village Bend & Bend East, a 1,064-unit multifamily property located at 5454 Amesbury Drive, is Lincoln’s largest community in Dallas.
3. Westdale Asset Management
The Davenport in Dallas
Westdale has 44 properties and roughly 12,000 apartments in Dallas, with the largest one being the 685-unit The Davenport at 14500 Dallas Parkway. The company acquired the community in 2008 from CenterSquare Investment Management. Westdale is developing The Case building, a 337-apartment property at 3131 Main St., and is expected to complete the construction by the middle of the year. In 2016, the company purchased the 416-unit Ridgecrest at 1200 Dallas Drive from Blackstone. The previous year, Westdale expanded its Dallas portfolio with the acquisition of Camino del Sol, a 300-unit property located at 1030 Dallas Drive.
Post Addison Circle in Addison, Texas
With four fewer properties than Westdale, MAA, the largest apartment owner in Austin, owns and operates about 14,000 apartments in Dallas. Post Addison Circle, a 1,334-unit community in Addison, is the largest of them. Completed in phases in 1997, 1998 and 2000, the 10-building property features studios, one-, two- and three-bedroom apartments ranging from 420 to 2,273 square feet. In 2016, MAA completed Cityscape at Market Center II, a 318-unit community located at 440 Coit Road in Plano, adjacent to Cictyscape at Market Center, a 454-unit property completed in 2014. In the last 10 years, the Memphis, Tenn.,-based company developed more than 4,000 apartments.
1. Starwood Capital Group
Landmark at Lake Village North in Garland, Texas
The Connecticut-based company has more than 50 multifamily properties in Dallas, amounting to 15,535 apartments. Starwood purchased its largest Dallas community, Landmark at Lake Village North, in 2016 from Landmark Apartment Trust of America as part of a multi-state portfolio sale that expanded its local portfolio with more than 3,500 units. The 848-apartment community in Garland, completed in 1983, consists of one-, two- and three-bedroom units ranging from 560 to 1,271 square feet. Last year, Starwood closed a deal with Milestone Group, acquiring 78 multifamily properties in 10 states, increasing its Dallas portfolio with almost 5,400 units. Additionally, the company is planning a 50-unit second phase for its Briarcrest community in Carrollton.
Images courtesy of Yardi Matrix
Keith Allison / Flickr / Creative Commons
Sports news coming out of North Texas made a lot of national headlines in 2017. Dallas Cowboys owner Jerry Jones made a lot of people mad, the nation’s longest winning streak came to an end and a local legend was enshrined by his sport.
Here’s a look back at some of the top sports stories of the year.
Tony Romo Turns Broadcaster
When former Dallas Cowboy quarterback Tony Romo retired, nobody really expected him to trade in his helmet for a CBS microphone.
Romo’s transformed his enthusiasm, and football I.Q., into an impressive rookie broadcast season. Some consider him one of the best football broadcasters since John Madden.
His ability to predict plays before they happen has made him a fan favorite this year no matter who you root for.
Down Goes UCONN
The University of Connecticut women’s basketball team had not lost in 867 days before rolling into Dallas. The Huskies put their 111-game winning streak on the line in the national championship at the American Airlines Center in March.
UCONN was favored big time against South Carolina. That is, until the game went into overtime, where the Gamecocks stunned the Huskies 66-64 with a buzzer beating finish. Making for one of the biggest upsets in sports history.
NFL Players Protest Police Brutality
Dallas Cowboys owner Jerry Jones had himself quite a year. He entered the NFL Hall of Fame, and inserted himself into one of the biggest controversies of the year.
Jones said any player who doesn’t stand for the National Anthem will be benched, and a day later President Trump saluted Jones on Twitter for that stance.
Jones created a friction among NFL players, fans and even sponsors. He thought it was disrespectful for the players to protest police brutality by taking a knee during the anthem.
After an organizational meeting, including players and Jones, some voiced their frustration at the policy. In the end, the team solution was taking a knee before the national anthem at their game against the Cardinals in October.
Pudge Goes To Cooperstown
The bright spot in a down year on the field for the Texas Rangers came in the form of a Hall of Fame induction. One of the club’s best players to put on the uniform, Pudge Rodriguez, entered the Baseball Hall of Fame. Pudge made his debut with the Rangers when he was just 19.
I interviewed him in August and he described his first tryout with Texas.
“The Rangers came, and they asked me to put the catching gear on,” he said. “And the first throw that I threw to second base, I threw it 92 miles per hour. That’s the only one I threw to second base. Just one throw, and I became a Texas Ranger.”
Zeke Elliott Versus The NFL
The biggest sports headline of the year in North Texas had to be the on-and-off again six-game NFL suspension of Dallas Cowboys running back Ezekiel Elliott.
Elliott violated the league’s personal conduct policy for being accused of domestic violence by his former girlfriend. Jerry Jones and Elliott’s legal team fought off the NFL’s suspension until week nine of the NFL season.
Dallas eventually lost the first-three games during Elliott’s suspension; essentially dashing them from playoff contention.
The official numbers don’t come out until next week. But it’s possible North Texas could enter 2018 drought-free.
WFAA-TV (Channel 8) chief meteorologist Pete Delkus tweeted this week’s rains and above average precipitation for the year might be enough to end the drought.
As of Tuesday — before Friday’s buckets of rain — most of Dallas County and all of Ellis County were in moderate drought, according to the U.S. Drought Monitor. A sliver of the northwest corner of Dallas County was in severe drought, along with Collin, Denton and more than half of Tarrant counties.
Delkus also tweeted Saturday that the area will end the year with above-normal rainfall. In 2017, Dallas-Fort Worth has had 36.59 inches of rain — 1.14 more inches than usual.
There’s no glimmer of rain in the forecast until Tuesday — and that’s just a 20 percent chance — dashing hopes for a white Christmas.
Shoppers bundled against a cold rain in the Wheatland Towne Crossing parking lot on Friday in Dallas.
One of North Texas’ biggest shopping centers is changing hands.
The 180-acre Village at Allen retail center is at the southeast corner of U.S. Highway 75 and Stacy Lane and opened starting in 2008. The more than 800,000-square-foot development has major retailers including Best Buy, Toys R Us, Pier 1 Imports, the Leather Sofa Co., Tuesday Morning, Total Wine, Dick’s Sporting Goods and Sleep Experts.
New York-based shopping center investor DLC Management is buying the huge Allen retail complex from owners Prudential Insurance and MGHerring Group. The acquisition is set to close before the end of the year and has been widely discussed in real estate industry circles.
Officials with DLC Management did not respond to requests for information about their purchase or plans for the shopping center.
The sale of the Village at Allen comes a year after Prudential sold the neighboring Village at Fairview development to Dallas-based Lincoln Property Co. Lincoln Property has renamed the project Fairview Town Center and is remodeling the property.
DLC Management has been in business since 1991 and owns shopping centers in about 20 states stretching from Texas to Maine. In Texas, its sole holding has been the Whiterock Marketplace shopping center in northeast Dallas.
The intersection of U.S. 75 and Stacy Road, which includes the Village at Allen, is one of North Texas’ busiest retail locations.
Shopping center owner Simon just completed renovations to its Allen Premium Outlets retail project at the northwest corner.
Developers also recently received zoning for a large mixed-use retail, residential and commercial project on the vacant southwest corner.
Developers who are buying the Dallas Independent School District’s longtime headquarters on Ross Avenue hope to save part of the old office complex.
Leon Capital Group is paying more that $9 million for the 4-acre property just east of downtown Dallas.
The Dallas-based real estate firm won a bid for the DISD digs earlier this year.
Now Leon Capital has filed plans with the City of Dallas for the apartment community it plans to construct on the block at Ross and Washington and Washington Avenue.
Leon Capital’s plans show a 380-unit rental complex in 5-story buildings. A 6-level parking garage would be built at the south end of the block.
A courtyard would be located in the center of the new apartment complex.
The development plan by Architecture Demarest also includes the existing central building of the DISD headquarters that faces Ross.
The 2-story mid-century modern building is the most recognizable among the hodge-podge of structures built on the site in the last 60-plus years.
DISD has already moved much of its operations out of the Ross Avenue buildings to an office tower on North Central Expressway south of Walnut Hill Lane.
The school district put the old headquarters along with dozens of other "surplus" properties around the city.
Leon Capital representatives did not respond to requests for details of their proposal and a timeline for construction.
The commercial real estate firm has done apartment developments in Uptown and near Dallas’ Victory Park.
The Ross Avenue stretch running east from downtown has seen a big transformation in the last 10 years, with new apartments and retail.
The DISD property is one of the largest development sites remaining in that area.
With the Dallas Cowboys season all but over with one more loss, they face a huge obstacle in Eli Manning and the New York Giants.
It seems like quarterback Eli Manning and the New York Giants always have some say in determining the fate of the Dallas Cowboys year after year. As this season was unfolding and losses were piling up for the Giants, it was looking like this could be a season where the Cowboys may be able to put the Giants in the rear view mirror and focus on their own success.
Well, here we are going into week 14 with the Giants being one of the worst teams in the NFL all year and they are going to, again, potentially determine the fate of the Cowboys 2017 season.
With as bad as the Giants have been all year, it all came to a head last week when Manning was benched in an unheralded and extremely unpopular manner; being unbelievably benched for Geno Smith. This was the icing on the cake for the disaster that has been the Giants 2017 season. This was the move that waved the white flag saying “we give up.”
The Cowboys had to have been sitting back and breathing a sigh of relief with Smith at the helm right? Well, in typical Cowboys fashion, think again.
The day after the failed Manning benching and Smith looking like the same quarterback the New York Jets decided to move on from, the coach and general manager responsible for the historical benching were relieved of their duties with the Giants and Manning was named the starter again for the Giants; just in time for the Cowboys coming to MetLife Stadium desperate to keep their playoff hopes alive.
Now here we are with Manning making a return to the starting lineup after seeing his historical 210 consecutive start streak coming to an end and playing the rival Cowboys. Not only do the Cowboys have to deal with a highly motivated Manning, they have some of their own roster issues they will have to deal with on Sunday. They will be without standout defensive tackle David Irving and cornerback Orlando Scandrick.
Without Irving, even more will be asked of NFL sack leader DeMarcus Lawrence. A rotation of rookie tackle Lewis Neal and former practice squad tackle Richard Ash will most likely be used to fill Irving’s void. Without one of their top two pass rushers, a slight drop off in pressure should be expected against Manning.
The Cowboys have made their intentions clear to play their rookies in the secondary with three rookies expected to start against the Giants. The time is now to see what they have in rookies Chidobe Awuzie, Jourdan Lewis, and Xavier Woods.
Manning will once again have the chance to play spoiler for the Cowboys much like he did in 2007 when he eliminated Dallas from the playoffs after a 13-3 season, much like he did in 2009 when he beat the Cowboys in their first regular season game at AT&T Stadium and autographed the wall inside the stadium. Will this Sunday be the next chapter in a series of forgettable encounters with Eli Manning?
The top local stories this morning from KERA News:
Dallas launches a new policy on marijuana possession today.
Under the cite and release program, Dallas County residents caught inside the city with less than four ounces of marijuana won’t automatically go to jail.
Cite and release is only for Dallas County residents with a valid state ID or driver’s license who have no other convictions or outstanding warrants. The marijuana offense also can’t take place in drug-free zones, like schools. Houston, San Antonio and Austin have similar cite-and-release programs.
Other stories this morning:
The Dallas School District will likely close or consolidate four schools it had hoped to convert to charters. The new CEO tapped to wind down Dallas County Schools has made a career of fixing financial messes. The Dallas Cowboys snapped out of their three-game losing streak last night against the Washington Redskins, 38-14.
You can listen to North Texas stories weekdays at 8:22 a.m. and 6:20 p.m. on KERA 90.1 FM.
DALLAS — Dallas police have arrested several city employees and acquaintances around North Texas in a major theft ring involving those who maintain city-owned buildings and vehicles.
The department’s fugitive unit was sent out Thursday morning to make the arrests.
The Dallas Police Department’s Public Integrity Unit is in charge of the criminal investigation and found that the illegal activity took place between Jan. 1 and Aug. 19.
The following people were arrested:
Michael Golden for tampering with a government record Jeffrey Landsbaum for tampering with a government record and criminal trespass Alan Ramos for criminal trespass Nicholas Smith for criminal trespass Brian Mallett for organized criminal activity-theft and tampering with a government record Arturo Molinar for organized criminal activity-theft and tampering with a government record Hector Botello for organized criminal activity-theft and tampering with a government record
Sources said several employees with Dallas equipment and building services were stealing things like freon and air conditioning equipment then re-selling them at businesses they owned and profiting off the stolen items.
"But at the end of the day, we will not tolerate any of it and wherever we find it, there should be action and there should be immediate action, criminal action if necessary, and sending a signal that this will not be tolerated,” said Mayor Pro Tem Dwaine Caraway.
Some were allegedly falsifying time cards to reflect overtime hours they never worked.
“That’s frustrating but any organization of this size is going to have a bad apple or 2, and you have to have systems in place to weed them out,” said Councilman Phillip Kingston.
Dallas police said the ring had been operating from January 1 of this year until mid-August. The ring also included some former employees.
The investigation began after an audit was done of city departments, sources said.
"This might not be the only area, but this is a signal a very strong signal. Straighten up. We are being looked at and when it is found something will be done about it,” said Caraway.
At this time, police are not saying exactly how much was stolen and what the cost has been to taxpayers, but sources said it was a significant amount and the investigation is ongoing.
© 2017 WFAA-TV