$949,000
$50K PRICE DROP

Estimated payment $6,341/month

Total Views 13,117
-- Bed
-- Bath
4,284 Sq Ft
$222 Price per Sq Ft

About This Home

This 4,284 square-foot, fully leased four-plex presents an excellent investment opportunity with an estimated 7.3% cap rate, based on month-to-month leases with normalized rents. The property has been extensively renovated, including updates to the electrical system (four meters), plumbing (one water meter), roof, foundation, and central HVAC. Interior improvements feature new cabinetry, millwork, flooring, and windows. Additionally, the property includes a tiny home at the rear, which can serve as an office, and a three-car garage for tenants.

Strategically located just off Interstate 30, the property is situated in a densely residential area near Baylor Scott & White Hospital and various retail establishments. Please note that showings will be permitted only after the property is under contract. The landlord conducts monthly inspections to ensure proper maintenance of each unit.

Listing Agent

Ross Miller

M&D CRE, LLC Brokerage Phone: 972-772-6025 License #0802154 Listed on: 03/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,738

Year Built

  • Built in 1924

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation

Schools

  • Zaragoza Elementary School
  • North Dallas High School

Additional Features

  • 2-Story Property
  • 10,019 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • 4,284 Sq Ft Building
  • Peaks Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 3/791
  • Assessor Parcel Number 00000125065000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,738

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • OWNERNAME: See Tax Roll
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Attribution Contact: 972-772-6025
  • Co List Office Mls Id: MRCL02
  • Special Features: VirtualTour
  • Year Built: 1924

Interior Features

  • Interior Amenities: Other
  • Basement YN: No

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Other
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 3.0
  • Total Covered Spaces: 3.0
  • Parking Features: Driveway, Garage, On Site
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.23
  • Parcel Number: 00000125065000000
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.8

Building Info

  • Year Built: 1924
  • Units Total: 4

Tax Info

  • TaxBlock: 3/791
  • Tax Lot: 22
  • Tax Annual Amount: 13738.0

MLS Schools

  • MiddleOrJuniorSchool: Long

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

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $949,000 -5.0% $222 / Sq Ft
04/01/2025 04/01/25 For Sale $999,000 0.0% $233 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $999,000 -- $233 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20866406

North Texas Real Estate Information Systems (NTREIS)

APN: 00-00012-506-500-00-00