Cash-buyer and investment activity over the last 12 months.
Data last updated
In Lucas (75002), investors own about 212 tracked properties across 44 active buyers, with a median investor purchase price near $390,000. 36 were acquired in the last 12 months.
75002 has 44 active cash buyers holding roughly 212 properties. Over the last 12 months they averaged under 0.8 purchases each, so the buyer pool is broad rather than concentrated: more names to work, with fewer deals riding on any single relationship.
Acquisition pace is cooling. Investors bought 36 properties in the last 12 months against roughly 81 the year before — down about 56%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
The median investor purchase lands near $390,000. The average of $690,000 sits well above that median, which means a tail of higher-priced deals is pulling the mean up — most activity is happening below the average, and pricing a deal off the median is the safer read.
The dominant play is buy & hold, at 60.4% of tracked activity. Buy-and-hold capital prices for yield rather than resale margin, so rent support matters more to these buyers than after-repair comps.
The median investor-owned home was built around 2018. Only about 2.1% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
Figures describe recorded investor purchases in this ZIP code and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.