NOT LISTED FOR SALE
8 Beds
8 Baths
-- Sq Ft
7,928 Sq Ft Lot

Last Sold August 23, 2024

274 Days on Market

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • High Speed Internet

About This Home

As of August 2024

VALUE ADD OPPORTUNITY! SELLER IS OPEN TO CREATIVE FINANCE. LOAN BALANCE IS 445K WITH A 4.75 INTEREST RATE. Seller would like 200-250k cash down, the remaining balance he is open to seller financing on a 30 year am with a 5 year balloon. Apartment complex for sale in a very desirable area in Dallas primed for growth. The complex has 8 total units, 4 on the first floor and 4 on the second floor. Fully leased at $975 each and all are on month-to-month leases. Owner pays water, trash, and exterior lights. Tenants are responsible for the interior lights and all other utilities. With exterior improvements, rent could easily be pushed to $1,025 per month based on neighboring comps. All leases, 2022 and 2023 financials, and utility bills are available in transaction desk.

Last Agent to Sell the Property

Harrison Sharp

BK Real Estate License #0735232 Listed on: 09/19/2023

Co-Listed By

Brittney Kosev

BK Real Estate License #0709206

Last Buyer's Agent

Porfirio Segovia

Creative Real Estate Solutions LLC. License #0676160

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1982

Lot Details

  • 7,928 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Foster Elementary School
  • Cary Middle School
  • Jefferson High School

Utilities

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

Community Details

  • 8 Units
  • 2,568 Sq Ft Building
  • Marshall Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 29 / D5775
  • Assessor Parcel Number 00000431632000000
  • $14,877 per year unexempt tax

Property Details

Home Type

Apartment

Year Built

Built in 1982

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
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 313.47352
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Other
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 8
  • Parking Features: Assigned, Common

Utilities

  • Heating: Central, Electric
  • Utilities: Cable Available, City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Dallas ISD
  • Elementary School: Foster
  • Middle School: Cary
  • High School: Jefferson
  • School District: Dallas ISD
  • Elementary School: Foster

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1820
  • Parcel Number: 00000431632000000
  • Lot Size Acres: 0.1820
  • Lot Size Sq Ft: 7927.9200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1982
  • Units Total: 8

Tax Info

  • Unexempt Taxes: 14877
  • TaxBlock: D5775
  • Tax Lot: 29

Multi Family

  • Unit Count: 1

MLS Schools

  • Middle School Name: Cary
  • Elementary School Name: Foster
  • High School Name: Jefferson

Range of Values:

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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
08/23/2024 08/23/24 Sold -- -- --
06/20/2024 06/20/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $850,000 -2.9% --
06/03/2024 06/03/24 For Sale $875,000 0.0% --
05/24/2024 05/24/24 Pending -- -- --
04/03/2024 04/03/24 Price Changed $875,000 -2.8% --
12/08/2023 12/08/23 Price Changed $899,900 0.0% --
11/02/2023 11/02/23 Price Changed $900,000 -5.3% --
10/12/2023 10/12/23 Price Changed $949,900 0.0% --
10/12/2023 10/12/23 For Sale $949,900 -5.0% --
10/05/2023 10/05/23 Off Market -- -- --
09/19/2023 09/19/23 For Sale $999,900 -- --
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: 20434816

North Texas Real Estate Information Systems (NTREIS)