$6,500,000

4047 Herschel Ave Unit 12 Units Total Dallas, TX 75219

Oak Lawn Neighborhood

Estimated payment $36,906/month

Total Views 27,440
16 Beds
16 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.33 Acre Lot
  • Deck
  • Corner Lot
  • Open Floorplan
  • Wood Flooring
  • Covered patio or porch

About This Home

Herschel Terrace is a rare multi-family opportunity on a corner lot approximately three blocks away from Highland Park. Technically this property is platted and parceled as 12 condo units but current owner owns all 12 and the entire property. Possibilities are endless providing a multitude of options from redevelopment on a corner lot, to selling the units individually, or just continue operating it like an apartment complex. There are two building each containing 6 units. There are 4 two bedroom two bath units and 8 one bedroom one bath units. On the parking lot side the end units have a common area basement containing a laundry room for the residents.

Listing Agent

William Butler

Butler Property Company Brokerage Phone: 214-641-9400 License #0490445 Listed on: 06/17/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,353

Year Built

  • Built in 1981

Lot Details

  • 0.33 Acre Lot
  • Wood Fence
  • Corner Lot
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Walk-In Closet
  • 16 Full Bathrooms
  • Double Vanity

Parking

  • 13 Parking Spaces
  • Common or Shared Parking
  • Open Parking
  • Parking Lot

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Covered patio or porch

Schools

  • Milam Elementary School
  • Rusk Middle School
  • North Dallas High School

Utilities

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

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 0019O960000A00010
  • $8,353 per year unexempt tax

Community Details

Overview

  • 2 Buildings
  • 12 Units
  • 10,492 Sq Ft Building
  • Herschel Ave Condo Subdivision

Amenities

  • Laundry Facilities
  • Community Mailbox

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,353

Year Built

Built in 1981

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: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 619.51963
  • Attribution Contact: 214-641-9400
  • Special Features: None
  • Year Built: 1981

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Built-in Features, Cable TV Available, Double Vanity, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Combination, Hardwood, Luxury Vinyl Plank
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Gas Water Heater, Refrigerator

Beds/Baths

  • Full Bathrooms: 16
  • Total Bedrooms: 16

Exterior Features

  • Pool: No
  • Foundation: Combination, Slab
  • Community Features: Community Sprinkler, Laundry, Sidewalks
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Fiber Cement, Siding, Wood
  • Exterior Features: Balcony, Courtyard, Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Deck

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 13
  • Parking Features: Common, On Site, Open, Parking Lot
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Cable Available, City Sewer, City Water, Community Mailbox, Concrete, Curbs, Electricity Connected, Sidewalk

Condo/Co-op/Association

  • Complex Name: Herschell Terrace
  • Association Type: None

Schools

  • School District: Dallas ISD
  • Elementary School: Milam
  • Middle School: Rusk
  • High School: North Dallas
  • School District: Dallas ISD
  • Elementary School: Milam

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.3290
  • Parcel Number: 0019O960000A00010
  • Lot Size Acres: 0.3290
  • Lot Size Sq Ft: 14331.2400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1981
  • Units Total: 12
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Income: 204000.00
  • Tenancy: Over 9 Months, Pet Restrictions, Written Application Only
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 8353
  • Tax Lot: 12

MLS Schools

  • Middle School Name: Rusk
  • Elementary School Name: Milam
  • High School Name: North Dallas

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
2023 $8,353 $364,000 $132,500 $231,500
2022 $9,101 $364,000 $132,500 $231,500
2021 $9,602 $364,000 $132,500 $231,500
2020 $9,966 $367,370 $132,500 $234,870
2019 $10,453 $367,370 $88,330 $279,040
2018 $5,853 $215,260 $88,330 $126,930
2017 $1,837 $67,570 $57,420 $10,150
2016 $1,837 $67,570 $57,420 $10,150
2015 $1,853 $67,570 $57,420 $10,150
2014 $1,853 $67,570 $57,420 $10,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 For Sale $6,500,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20641732

North Texas Real Estate Information Systems (NTREIS)

APN: 0019O960000A00010

Texas Dallas County Dallas 75219 Oak Lawn

4047 Herschel Ave Unit 12 Units Total, Dallas, TX

This home is located at 4047 Herschel Ave Unit 12 Units Total, Dallas, TX 75219 and is currently priced at $6,500,000. This property was built in 1981. 4047 Herschel Ave Unit 12 Units Total is a home located in Dallas County with nearby schools including Ben Milam Elementary School, Alex W. Spence Talented/Gifted Academy, and North Dallas High 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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William Butler
Listing Agent
William Butler
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Butler Property Company
(469) 747-1676