Market snapshot

75098 (Lucas) Investor Market Snapshot

Cash-buyer and investment activity over the last 12 months.

Data last updated

In Lucas (75098), investors own about 61 tracked properties across 13 active buyers, with a median investor purchase price near $648,000. 6 were acquired in the last 12 months.

13
Active Cash Buyers
61
Investor-Owned Properties
6
Acquisitions (12 mo)
$648,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)6
Acquisitions (last 24 mo)24
Share acquired in last 12 mo9.8%
Average purchase price$553,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments1
Gated contacts available43

Property Characteristics

Median bedrooms4
Median baths3
Median building size (sqft)3,622
Average building size (sqft)3,633
Median year built2024
Average year built2016
Built before 19801.9%

Investment Strategy Mix

New Construction69.2%
Buy & Hold28.9%
Value-Add / Rehab1.9%

Hottest ZIP codes for investors

75002 · 3675098 · 6
Market read

What the 75098 numbers mean

75098 has 13 active cash buyers holding roughly 61 properties. Over the last 12 months they averaged under 0.5 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 6 properties in the last 12 months against roughly 18 the year before — down about 67%. 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 $648,000. The average of $553,000 is close behind it, so purchases cluster in a fairly tight band rather than splitting into distinct price tiers.

The dominant play is new construction, at 69.2% of tracked activity. Buyers here are absorbing newly built inventory, so wholesalers working tired or distressed stock are pitching against the grain of what most of this market's capital is currently doing.

The median investor-owned home was built around 2024. Only about 1.9% 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.

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Answers

Frequently asked questions

How many investors are active in Lucas?
There are 13 active investors owning 61 tracked properties in Lucas.
What is the median investor purchase price in Lucas?
The median investor purchase price is about $648,000 in Lucas.
How active is the Lucas investor market recently?
6 properties were acquired by investors in the last 12 months in Lucas.
Is there recent new-construction investor activity in Lucas?
0 new-construction homes were acquired by investors in Lucas in the last 90 days.

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