NOT LISTED FOR SALE
2 Beds
1 Bath
10,440 Sq Ft
0.96 Acres

Last Sold January 17, 2020

27 Days on Market

Highlights

  • 0.96 Acre Lot
  • Central Heating
  • High Speed Internet
  • Ceramic Tile Flooring

About This Home

As of January 2020

GREAT INVESTMENT OPPORTUNITY!!! RENT INCREASE Jan 2020, Cap Rate will go up next year!! This 24 unit apartment complex is fully occupied with a waiting list. Steps away from DART rail in the South Oak Cliff area. All units are two bedroom townhome like with one bathroom and washer and dryer connections in each unit. Electric is tenant responsibility and water is paid by owner. With the purchase all the equipment, tools and two pod storage containers that contain a variety of items to upkeep and manage the property convey, see media for full description of items. Property manager on site for last 4 years. Do not disturb the tenants at this property, please call agent with any questions and showing information.

Last Agent to Sell the Property

Jennifer Laws

Keller Williams Central License #0557376 Listed on: 10/22/2019

Keller Williams Central

Last Buyer's Agent

Jennifer Laws

Keller Williams Central License #0557376 Listed on: 10/22/2019

Keller Williams Central

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1986

Lot Details

  • 0.96 Acre Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Siding

Interior Spaces

  • 10,440 Sq Ft Home
  • 2-Story Property
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 48 Parking Spaces
  • Unassigned Parking

Schools

  • Bryan Elementary School
  • Holmes Middle School
  • Roosevelt High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Master Water Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11A / 30408
  • Assessor Parcel Number 004088003011A0000
  • $17,071 per year unexempt tax

Community Details

Overview

  • 24 Units
  • 10,440 Sq Ft Building
  • Kermit Stanley Sub Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Apartment

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 120901
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 122.12644
  • Special Features: None
  • Year Built: 1986

Interior Features

  • Square Footage: 10440.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Electric Range, Refrigerator

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Concrete, Siding

Garage/Parking

  • Number Of Parking Spaces: 48
  • Parking Features: Unassigned
  • GarageYN: No

Utilities

  • Heating: Central, Electric, Natural Gas
  • Utilities: City Sewer, City Water, Community Mailbox, Concrete, Curbs, Master Water Meter

Condo/Co-op/Association

  • Complex Name: Seville Apartments
  • Association Type: None

Schools

  • School District: Dallas ISD
  • Elementary School: Bryan
  • Middle School: Holmes
  • High School: Roosevelt
  • School District: Dallas ISD
  • Elementary School: Bryan
  • High School: Roosevelt

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Size Units: Acres
  • Lot Size Area: 0.9630
  • Parcel Number: 004088003011A0000
  • Lot Size Acres: 0.9630
  • Lot Size Sq Ft: 41948.2800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1986
  • Units Total: 24

Multi Family

  • Gross Annual Expenses: 59099.00
  • Gross Annual Income: 180000.00
  • Insurance Expense: 8088
  • Tenancy: No Sublease, Over 9 Months, Pets Allowed, Written Application Only
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 17071
  • TaxBlock: 30408
  • Tax Lot: 11A

MLS Schools

  • MiddleOrJuniorSchool: Holmes
  • Middle School Name: Holmes
  • Elementary School Name: Bryan
  • High School Name: Roosevelt

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold -- -- --
11/18/2019 11/18/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $1,250,000 -- $120 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14210331

North Texas Real Estate Information Systems (NTREIS)