$6,500,000

4047 Herschel Ave Unit 12 Units Total Dallas, TX 75219

Oak Lawn Neighborhood

Estimated payment $36,594/month

Total Views 29,539
16 Beds
16 Baths
10,492 Sq Ft
$620 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

Home Design

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

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

  • Common or Shared Parking
  • On-Site Parking
  • Open Parking
  • Parking Lot

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Covered patio or porch

Schools

  • Milam Elementary 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

Community Details

Overview

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

Building Details

  • Gross Income $204,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,353

Year Built

Built in 1981

Lot Details

0

Listing Details

  • OWNERNAME: Per Tax
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 214-641-9400
  • Co List Office Mls Id: BUTL01
  • Special Features: VirtualTour
  • Year Built: 1981

Interior Features

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

Beds/Baths

  • Full Bathrooms: 16
  • Total Bedrooms: 16

Exterior Features

  • Foundation: Combination, Slab
  • Community Features: Laundry Facilities, Community Mailbox, Curbs, Sidewalks
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Fiber Cement, Wood Siding
  • Exterior Features: Balcony, Courtyard
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Deck, Balcony, Covered

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Milam
  • High School: North Dallas
  • Junior High Dist: Dallas ISD

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.329
  • Parcel Number: 0019O960000A00010
  • Lot Size Acres: 0.329
  • Lot Size Sq Ft: 14331.24

Building Info

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

Tax Info

  • Tax Lot: 12
  • Tax Annual Amount: 8353.0

Multi Family

  • Annual Gross Income: 204000.0

MLS Schools

  • MiddleOrJuniorSchool: Rusk

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2024 $9,738 $435,680 $159,000 $276,680
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 -- $620 / Sq Ft
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