I have not been paying attention to Fort Worth real estate, but all signs point to rapid appreciation in downtown Fort Worth real estate within the next 2-5 years.

WarehouseA builder told me yesterday that the Fort Worth real estate market is currently where East Central Austin was about 5 years ago. Most homes are in disrepair and the area is crime-ridden, but the location was wonderful.

The areas undergoing revitalization in Fort Worth are similar to areas that grew rapidly in Austin. Here’s the revitalization playbook:

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