Property
Beds
18
Full Baths
16
1/2 Baths
None
Year Built
1925
Sq.Footage
N/A
Exceptional portfolio opportunity to acquire a newly constructed 16-unit condo community in a highly walkable Dallas location just one block from nightlife, dining, and entertainment. The property is delivered fully vacant and rent-ready, offering a rare opportunity to lease at current market rates with no deferred maintenance and no existing tenants. The unit mix includes studios, one-bedroom, and two-bedroom residences, ranging from 280- 1,041 SF. This flexible mix supports a variety of rental strategies, including long-term and mid-term rentals, with additional uses subject to city guidelines. (No HOA restrictions) Individual unit values range from $120,000–$349,000, with an average price per unit of approximately $207,000. Ideal for investors seeking multiple exit options, including portfolio hold, refinance after stabilization, or future individual condo sales. Located in a strong demand submarket with proximity to lifestyle amenities, nightlife, and Downtown Dallas.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Walk-In Closet(s), High Speed Internet
-
Total Bedrooms
18
-
Bathrooms
16
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Brick, Vinyl Siding
-
Parking
Common, No Garage, On Street, Parking Lot, Parking Pad, Paved
-
Patio and Porch Features
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.121
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$3,318,000
-
Tax Amount
15749.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
Yes
-
Association Fee
$200
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
Reagan
-
Middle School
Garcia
-
High School
Adamson
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
2
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Dallas
Elementary School
Reagan
Middle School
Garcia
High School
Adamson
Listing Courtesy of Rachael Gray Smith , Compass RE Texas, LLC
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Office and Team Coordinator
MhamerSas
Call Mhamer today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.