South Irving has had no problem throughout 2022 bringing impressive $/sqft and sales prices in the residential real estate market.
Despite older infrastructure in comparison to North Irving and less retail/entertainment spots, 75060 zip code in South Irving, was the hottest SFR real estate market in the state of Texas at the end of the summer.
This trend seems to be coming from investors scooping-up estates and distressed properties in S-Irving, renovating and then flipping them. In today's update we see this with 1737 Meadow Valley. A 3BR/2Bath, while only being 1,190sqft closed at $302,000.
Recent Fed rate hikes have kept my eye on these 3BR/2Bath properties to see how they correct. Today is a perfect example of how the market is holding strong.
Talk soon. Eddie
