$735,000 Price Analysis 315 S Rosemont AveDallas, TX 75208 4 bed 4 bath 2,384 SqFt ($308/SqFt) 7,667SqFt lot. Built 1930 Listed 2024-06-21, Taxes $11,714 | Ⓧ USDA Ineligible due to location near Dallas |
Quadplex with additional value-add potential within 2 miles of the growing Bishop Arts District. Situated in Winnetka Heights, the property features all 1 bed, 1 bath units with wood floors. Three out of 4 units are updated with granite countertops, kitchen backsplash, two-tone paint and more. Roof replaced in 2021. When including utility and pet income, total gross rents are as follows: Unit A ($1, 270), Unit B ($1, 460) and Unit C ($1, 510).
Unit D is vacant, providing an opportunity for a new owner to bring rents up to market or live in one unit. Tenants pay for their own electricity and are billed back $75 for water, sewer and trash. There is potential t explore adding one more unit or an onsite laundry facility for additional income by converting the storage unit in the back. See Transaction Desk for Rent Roll, repairs, seller expenses and survey.
Presented by Esther Cho at
GSFREA LLC.
Property MLS #20650854 from NTREIS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2021 | $324,050 + $120,000 $444,050 | $11,714 |
2020 | $297,400 + $120,000 $417,400 | $11,323 |
2019 | $253,000 + $120,000 $373,000 | $10,196 |
2018 | $296,580 + $60,000 $356,580 | $10,145 |
2017 | $296,580 + $60,000 $356,580 | $9,696 |
2016 | $242,890 + $60,000 $302,890 | $8,236 |
2015 | $165,480 + $60,000 $225,480 | $6,182 |
2014 | $172,840 + $48,000 $220,840 | $6,035 |
2013 | $142,000 + $48,000 $190,000 | $5,173 |
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.