4047 Herschel Ave Unit 12 Units Total Dallas, TX 75219
Oak Lawn NeighborhoodEstimated payment $35,022/month
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
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
- Wood 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
- 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
Amenities
- Laundry Facilities
- Community Mailbox
Building Details
- Gross Income $204,000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $9,738 | $470,490 | $159,000 | $311,490 |
| 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 |
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)
MLS Number: 20641732
APN: 0019O960000A00010
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