$850,000 Price Analysis    ♡   Dallas, TX 75220 8 bed 8 bath 2,568 SqFt ($330/SqFt) 7,928SqFt lot. Built 1982 Listed 2023-09-19, Taxes $14,877 | Ⓧ USDA Ineligible due to price & location near Dallas |
VALUE ADD OPPORTUNITY!
* Sale Pending *SELLER IS OPEN TO CREATIVE FINANCE. LOAN BALANCE IS 445K WITH A 4.75 INT EREST RATE. Seller would like 200-250k csh down, the remaining balance he is open to seller financing on a 30 year am with a 5 year balloon. Apartment complex for sale in a desirable area in Dallas primed for growth. The complex has 8 total units, 4 on the first floor and 4 on the second floor.
Fully leased at $975 each and all are on month-to-month leases. Owner pays water, trash and exterior lights. Tenants are responsible for the interior lights and all other utilities. With exterior improvements, rent could easily be pushed to $1, 025 per month based on neighboring comps. All leases, 2022 and 2023 financials and utility bills are available in transaction desk.
Presented by Harrison Sharp at
BK Real Estate LLC.
Property MLS #20434816 from NTREIS
Full Bathrooms: 8
High Speed Internet Available
Disposal
Electric Cooktop
Electric Oven
Electric Range
Heating Features: Central, Electric
Lot Size Square Feet: 7928
Calculated Total Monthly Association Fees: 0
High School: Jefferson
Middle School: Cary
School District: Dallas ISD
Map directions Map directions Map directions Map directions Map directionsCounty: Dallas
Directions: GPS.
Source Property Type: Residential Income
Source Neighborhood: Marshall Terrace
Parcel Number: 00000431632000000
Postal Code Plus 4: 4829
Subdivision: Marshall Terrace
Property Subtype: Apartment
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $567,280 + $27,720 $595,000 | $14,877 |
| 2021 | $500,280 + $27,720 $528,000 | $13,928 |
| 2020 | $492,280 + $27,720 $520,000 | $14,106 |
| 2019 | $442,050 + $27,720 $469,770 | $12,841 |
| 2018 | $442,050 + $27,720 $469,770 | $13,366 |
| 2017 | $330,520 + $27,720 $358,240 | $9,741 |
| 2016 | $279,780 + $27,720 $307,500 | $8,361 |
| 2015 | $206,610 + $27,720 $234,330 | $6,424 |
| 2014 | $192,280 + $27,720 $220,000 | $6,012 |
| 2013 | $150,410 + $27,720 $178,130 | $4,850 |
$850,000
NTREIS
Price Changed 2024-04-03
$875,000
NTREIS
Price Changed 2023-12-08
$899,900
NTREIS
Price Changed 2023-11-02
$900,000
NTREIS
Relisted 2023-10-12
$949,900
NTREIS
Listing removed 2023-10-05
$999,900
NTREIS
Listed 2023-09-19
$999,900
NTREIS
Sold 2020-06-19
$0
Public Record
Sold 2015-10-05
$0
NTREIS
Listing removed 2015-05-26
$350,000
NTREIS
Listed 2015-05-26
$350,000
NTREIS
Relisted 2015-05-25
$350,000
NTREIS
Listing removed 2014-11-26
$329,900
NTREIS
Listed 2014-09-03
$329,900
NTREIS
Listing removed 2011-03-01
$280,000
NTREIS
Listing removed 2011-03-01
$309,000
NTREIS
Listing removed 2011-01-01
$550
NTREIS
Listed for rent 2010-08-02
$550
NTREIS
Sold 2010-03-16
$0
NTREIS
Listed 2010-02-02
$160,000
NTREIS
Listing removed 2009-06-08
$230,000
NTREIS
Listed 2009-06-04
$230,000
NTREIS
Sold 2007-09-04
$0
Public Record
Sold 2006-03-06
$0
Public Record
Sold 1991-05-20
$0
Public Record
Building Area Total: 2568
Construction Materials: Construction: Brick
Foundation Details: Slab
Levels: Two
Property Age: 42
Roof: Composition
Year Built Details: Preowned
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  | ||
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.