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$1,970,000   Price Analysis
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5105 Vandelia St
Dallas, TX 75235
10 bed 10 bath 6,600 SqFt ($298/SqFt)
8,756SqFt lot. Built 1983
Listed 2024-04-02, Taxes $35,005
Ⓧ USDA Ineligible
due to price & location

near Dallas

Introducing 5105 Vandeliaa prime 5-unit investment opportunity in Dallas.

Built in 1983, each unit boasts 2 beds, 2 baths and a two-car garage across 1320 sq ft. Recent renvations have modernized four units, featuring hardwood floors, quartz countertops and updated bathrooms. Outdoor spaces include yards and balconies, with fresh exterior paint and new fencing.

Rental rates are currently below market average, presenting potential for increased returns. Don't miss out on this lucrative asset in DFW thriving real estate market. Kindly avoid disturbing the tenants and direct any inquiries to the listing agent. Thank you.


Presented by Jacob Stevenson at
Compass RE Texas LLC - Park Cities.


Property MLS #20577008 from NTREIS

Bedrooms: 10

Cable TV Available
Decorative Lighting
Flat Screen Wiring
Multiple Staircases
Flooring: Tile, Varies, Vinyl, Wood

Dishwasher
Disposal

Cooling Features: Central Air
Heating Features: Central

Full Bathrooms: 10

Lot Size Acres: 0.201
Lot Size Square Feet: 8756

Parking Features: Garage

Association: No
Calculated Total Monthly Association Fees: 0
Association Name: 5105 Vandelia

Number of Buildings: 2

Elementary School: Maplelawn
High School: North Dallas
Middle School: Rusk
School District: Dallas ISD

Maple Lawn Elementary School is a public elementary school located approximately 0.6 miles away.
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Thomas J Rusk Middle School is a public middle school located approximately 0.7 miles away.
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North Dallas High School is a public high school located approximately 1.7 miles away.
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Primrose School of Park Cities is a private elementary school located approximately 1 miles away.
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Gross Income: 128400.00

Source Listing Status: Active
County: Dallas
Directions: See GPS
Source Property Type: Residential Income
Exclusions: Tenant Belongings
Insurance Expense: 5840
Source Neighborhood: Cedar Spgs Heights
Parcel Number: 0048970E000100000
Subdivision: Cedar Spgs Heights
Property Subtype: Apartment
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,181,000 + $219,000
$1,400,000
$35,005
2021$556,000 + $219,000
$775,000
$20,444
2020$556,000 + $219,000
$775,000
$21,024
2019$456,000 + $219,000
$675,000
$18,451
2018$406,000 + $219,000
$625,000
$17,782
2017$418,600 + $131,400
$550,000
$14,955
2016$350,600 + $131,400
$482,000
$13,106
2015$247,780 + $131,400
$379,180
$10,396
2014$247,780 + $131,400
$379,180
$10,362
2013$169,730 + $131,400
$301,130
$8,199

Price Changed 2024-06-26
$1,970,000
NTREIS
Price Changed 2024-05-25
$1,975,000
NTREIS
Price Changed 2024-05-03
$1,985,000
NTREIS
Listed 2024-04-02
$1,995,000
NTREIS
Sold 2023-06-26
$0
Public Record
Sold 2021-08-11
$0
NTREIS
Listed 2021-03-25
$1,395,000
NTREIS
Sold 2020-03-03
$0
Public Record
Sold 1997-07-14
$0
Public Record

Net Operating Income: 88138
Operating Expense Includes: Insurance

Total Square Feet Living: 6600
Year Built: 1983
Building Area Total: 6600
Construction Materials: Construction: Brick, Siding
Foundation Details: Slab
Levels: Three Or More
Property Age: 41
Roof: Composition
Year Built Details: Preowned

Utilities: Cable Available, City Sewer, City Water
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.