Paul Smith - Realtor

Just Closed. 4831 Rollingwood Dr.

3rd transaction with this family. $11M total. 11 years running.

First deal was 2015. They moved to Austin and needed someone who knew the market. Three deals later, they still call.

That’s the job.

On to the next. 🔑

Governor Abbott called for banning data centers in rural Texas. Most investors heard that and panicked. Here's why they shouldn't.
Not all data centers draw from the grid. Behind-the-meter operations run on their own power and are not affected by Abbott's proposal. In-front-of-the-meter projects in rural counties are.

DFW is not rural. The industrial corridor from Terrell to Grand Prairie is squarely in the metro. And with 410 gigawatts of projects sitting in ERCOT's queue, the $50K/MW deposit requirement coming due July 10 is going to flush out the speculators fast. Demand doesn't disappear — it concentrates into exactly the kind of sites that are already in play.

Full breakdown on the blog. Link below.
https://paulsellstx.com/.../abbott-data-center-ban-texas...