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Notes -
Fellow DFWite- you should rent it out. The DFW real estate market is absolutely brutal to transition from renting to owning in; I’m assuming this is a northwest Dallas location in Dallas ISD based on what you told me, which means your home should increase in value a lot if you hold on to it, giving you a massive head start when you and your future wife buy your forever home. A good property management company is a must, but your house is unlikely to sit vacant.
I’m not sure why you’re moving into an apartment when rents are absolutely insane right now. I will also caution you that the fun part of town(if you’re young I assume this is deep Ellum or maybe uptown) is much less fun to actually live in. I would advise you that living in your house is the best move, renting it out while living elsewhere is a distant second, and selling is a bad idea unless you’re moving out of town or buying another house immediately.
I’m in north Garland, so Garland ISD, which isn’t the highest value school district, but still a not-so-bad area. Open to your predictions.
Uptown is where I want to live for a few reasons:
I think I’ll talk with a property management company and see what they have to say.
North garland is probably going to continue to increase in value, but I wouldn’t guess anything about school quality in Texas until after we see what the legislature does about school choice- garland ISD could well wind up not mattering very much.
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