Property
Beds
23
Full Baths
20
1/2 Baths
None
Year Built
1974
Sq.Footage
1,368
Country Creek Condominium Portfolio – 10 Units $1,200,000 $120,000 per Door A rare opportunity to secure stabilized cash flow with powerful long-term upside. This 10-unit Dallas portfolio (7 2BR.2BA, 3 3BR.2BA) sits at 90% occupancy in a high-demand submarket, delivering immediate income from day one. Acquired well below individual retail value (comps up to $129K-2BR, $144K-3BR), investors step into substantial built-in equity instantly. With market rents reaching $1,800 per mo, cap rate has strong potential to climb into the high 7% to 8% range as rents are optimized — a clear mark-to-market runway for serious growth. A recently renovated unit offers a proven value-add blueprint to unlock top-of-market returns across the portfolio. Low-risk, near-stabilized, and positioned in a rising submarket with units trending toward $200K individually — this is a rare blend of income today and equity growth tomorrow. Hold for yield, sell units individually, or 1031 exchange — the exit strategy is yours. Don’t miss this turnkey wealth-building opportunity.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Other
-
Total Bedrooms
23
-
Bathrooms
20
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Assigned
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
19.864
-
Lot Size(square feet)
865,275
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,200,000
-
Tax Amount
$3,351
-
Financing Options
Cash, Conventional
-
Sq. Footage
1,368
-
Price/SqFt
$877
HOA
-
Association
YES
-
Association Fee
$443
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
Tolbert
-
Middle School
Brown
-
High School
Kimball
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Dallas
Elementary School
Tolbert
Middle School
Brown
High School
Kimball
Listing Courtesy of Haleigh Kurth, NextHome Property Advisors
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AGENT
Joe Boston
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