Dallas TX Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1984
- Baths:
- 6.00
- MLS#:
- 20819477
- Subdivision:
- Cimarron Court Condo
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Courtesy: Compass RE Texas, LLC.
ADDITIONAL INFORMATION
Investors, seize this opportunity to acquire a fully leased, cash-flowing 6-unit condo package with significant upside potential. The units are not attached and they are scattered throughout the complex but within walking distance. Seller is WILLING TO SELL EACH UNIT SEPARATELY, in case you want to buy only two or three. Interior pictures of ONLY unit #214 has been uploaded. Located near major highways, top shopping, and dining, these units are part of a well-maintained complex in the highly rated Plano ISD, ensuring strong tenant appeal. The community features in-house HOA management of exterior features and desirable amenities, including two pools, making it both attractive and easy to manage. With all units currently leased, strategic updates could increase rents and boost your returns, with a projected 6% CAP rate post-renovation. Detailed financials, bylaws, and associated documents are available upon requestâ??donâ??t miss this solid investment opportunity!
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Dallas Real Estate
The median home value in Dallas, TX is $295,100. This is lower than the county median home value of $488,500. The national median home value is $338,100. The average price of homes sold in Dallas, TX is $295,100. Approximately 37.21% of Dallas homes are owned, compared to 52.6% rented, while 10.19% are vacant. Dallas real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Dallas real estate agent to arrange a tour today!
Dallas, Texas 75252 has a population of 1,300,239. Dallas 75252 is less family-centric than the surrounding county with 26.26% of the households containing married families with children. The county average for households married with children is 44.37%.
The median household income in Dallas, Texas 75252 is $58,231. The median household income for the surrounding county is $104,327 compared to the national median of $69,021. The median age of people living in Dallas 75252 is 33.1 years.
Dallas Weather
The average high temperature in July is 94.9 degrees, with an average low temperature in January of 35.5 degrees. The average rainfall is approximately 39.1 inches per year, with 1.2 inches of snow per year.