$945,000

Estimated payment $7,110/month

Total Views 12,280
7 Beds
7 Baths
4,209 Sq Ft
$225 Price per Sq Ft

Highlights

  • In Ground Pool
  • 1 Acre Lot
  • Granite Countertops
  • Built-In Refrigerator
  • 7 Fireplaces
  • Covered Patio or Porch

About This Home

Amazing investment opportunity. It is addressed in Dallas with Richardson School District, the best of the investment world. All but one unit is rented.

Listing Agent

Lucinda Gadson

Coldwell Banker Realty Brokerage Phone: 817-924-4144 License #0626413 Listed on: 04/23/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 1982

Lot Details

  • 1 Acre Lot

HOA Fees

  • $1,750 Monthly HOA Fees

Parking

  • 7 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • 7 Fireplaces
  • Wood Burning Fireplace
  • Electric Fireplace
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 7 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Forestridge Elementary School
  • Berkner High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00C72300000E00154

Community Details

Overview

  • Association fees include all facilities, ground maintenance, maintenance structure, pest control, sewer, trash, water
  • 3 Buildings
  • 7 Units
  • 4,209 Sq Ft Building
  • Robert Kemp Law Offices Association
  • Tiffany Trails Condos Subdivision

Recreation

  • Community Pool

Building Details

  • Gross Income $96,900
  • Net Operating Income $52,877

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,527

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,750 per month

Listing Details

  • OWNERNAME: Ranger Realty
  • Property Type: Residential Income
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 817-924-4144
  • CapRate: 5.6
  • Co List Office Mls Id: CBRB74
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1982

Interior Features

  • Windows: Window Coverings
  • Fireplace Features: Electric, Wood Burning
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Cable TV, Walk-In Closet(s)
  • Flooring: Ceramic Tile, Laminate, Luxury Vinyl Plank
  • Appliances: Built-In Refrigerator, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
  • Fireplaces: 7

Beds/Baths

  • Full Bathrooms: 7
  • Total Bedrooms: 7

Exterior Features

  • Foundation: Slab
  • Community Features: Curbs, Pool, Sidewalks
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: In Ground, Pool, Community
  • Patio And Porch Features: Covered, Patio
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air
  • Carport Spaces: 7.0
  • Parking Features: Covered

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
  • Association Fee: 1750.0
  • Association Fee Frequency: Monthly
  • Association Name: Robert Kemp Law Offices

Schools

  • Elementary School: Forestridge
  • High School: Berkner
  • Junior High Dist: Richardson ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 1.0
  • Parcel Number: 00C72300000E00154
  • Lot Size Acres: 1.0
  • Lot Size Sq Ft: 43560.0

Building Info

  • Year Built: 1982
  • Units Total: 7
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 5320.0
  • Annual Gross Income: 96900.0
  • Property Net Operating Income: 52877.0

MLS Schools

  • MiddleOrJuniorSchool: Lake Highlands

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,527 $94,010 $18,920 $75,090
2024 $2,527 $107,840 $14,560 $93,280
2023 $2,527 $58,070 $14,560 $43,510
2022 $1,527 $58,070 $14,560 $43,510
2021 $1,615 $58,070 $14,560 $43,510
2020 $1,273 $45,120 $14,560 $30,560
2019 $1,633 $55,300 $14,560 $40,740
2018 $750 $26,540 $2,910 $23,630
2017 $0 $26,540 $2,910 $23,630
2016 $750 $26,540 $2,910 $23,630
2015 -- $26,540 $2,910 $23,630
2014 -- $26,540 $2,910 $23,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $945,000 -- $225 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $699,000 New Conventional
Previous Owner $20,000 Unknown
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20913891

North Texas Real Estate Information Systems (NTREIS)

APN: 00C72300000E00154