NOT LISTED FOR SALE

1724 Pear St Dallas, TX 75215

Woodlawn Neighborhood
7 Beds
6 Baths
-- Sq Ft
6,055 Sq Ft Lot

Last Sold December 16, 2022

92 Days on Market

Highlights

  • Cooling Available
  • High Speed Internet
  • Heating Available

About This Home

As of December 2022

Presenting the 83.3% occupied, 6-unit value-add property in Dallas, TX. The property is available because current ownership is looking to reinvest proceeds. The subject property has been completely renovated with new plumbing, electrical, roof, windows, flooring, cabinets, fixtures, and more. Current ownership has invested over $164,000 in capital improvements over the last 5 years into the property with over $34,000 of capital improvements made over the last 6 months. New ownership, based upon area rent comps, can raise rents up to $72 per unit, which is a $0.11 per sqft bump. With this bump, new ownership can achieve an annual NOI of $35,178. Additionally, there is the opportunity to implement additional income through lease violation fees and parking fees. Proforma financials were underwritten with a 5% management fee.

Last Agent to Sell the Property

Logan Waller

Waller Group LLC License #0479147 Listed on: 06/27/2022

Last Buyer's Agent

Travis Johnson

Rose Home Real Estate License #0683205

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 6,055 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Electric Range

Schools

  • Central Elementary School
  • Gaston Middle School
  • Carter High School

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • 6 Units
  • 1,720 Sq Ft Building
  • Colonial Anx Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / H1608
  • Assessor Parcel Number 00000162397000000
  • $7,386 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: Two
  • Year Built Details: Unknown
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 1
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 267.44186
  • Attribution Contact: 214-256-3307
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Appliances: Electric Range, Refrigerator

Exterior Features

  • Pool: No
  • Foundation: Other
  • Roof: Composition
  • Construction Materials: Other

Garage/Parking

  • Cooling System: Electric
  • Number Of Parking Spaces: 6
  • Parking Features: Other

Utilities

  • Heating: Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: Pear Street Apartments
  • Association Type: None

Schools

  • School District: Dallas ISD
  • Elementary School: Central
  • Middle School: Gaston
  • High School: Carter
  • School District: Dallas ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1390
  • Parcel Number: 00000162397000000
  • Lot Size Acres: 0.1390
  • Lot Size Sq Ft: 6054.8400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1925
  • Units Total: 6

Multi Family

  • Gross Annual Expenses: 1.00
  • Gross Annual Income: 1.00
  • Insurance Expense: 1
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 7386
  • TaxBlock: H1608
  • Tax Lot: 6

MLS Schools

  • Middle School Name: Gaston
  • Elementary School Name: Central
  • High School Name: Carter

Range of Values:

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List Price
Sold Price
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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
12/16/2022 12/16/22 Sold -- -- --
09/27/2022 09/27/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $475,000 -5.0% --
06/27/2022 06/27/22 For Sale $500,000 +19.0% --
10/05/2018 10/05/18 Sold -- -- --
08/03/2018 08/03/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $420,000 +265.2% $122 / Sq Ft
08/25/2017 08/25/17 Sold -- -- --
08/24/2017 08/24/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $115,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Logan Waller

    Seller's Agent in 2022

    Logan Waller

    Waller Group LLC

    (214) 257-8721

    1 in this area

    20 Total Sales

    Logan Waller
    Section Image

  • T

    Buyer's Agent in 2022

    Travis Johnson

    Rose Home Real Estate

    (936) 615-3100

    1 in this area

    39 Total Sales

    Travis Johnson
    Section Image
  • Antonio Gipson

    Seller's Agent in 2017

    Antonio Gipson

    JoGip Property Management

    (972) 293-5575

    34 Total Sales

    Antonio Gipson
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20098246

North Texas Real Estate Information Systems (NTREIS)
Texas Dallas County Dallas 75215 Woodlawn

1724 Pear St, Dallas, TX

This home is located at 1724 Pear St, Dallas, TX 75215 since 27 June 2022. This property was built in 1925. 1724 Pear St is a home located in Dallas County with nearby schools including Billy Earl Dade Middle School, Lincoln High School, and St. Anthony School.

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North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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