4 Beds
5 Baths
4,024 SqFt
4 Beds
5 Baths
4,024 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,024 sqft
Price per Sqft $323
Bedrooms 4
Full Baths 5
Lot Size 9,017 Sqft
Property Description
Projected annual rent:
$68,000
Property Tax:
$6,195
Insurance:
$3,700
Regular Maintenance:
$3,200
Reserves for Replacement:
$3,800
Annual Expenses:
$12,490
Net Operating Income:
$55,905
CAP Rate:
3.82%
What Sets It Apart
What Sets It Apart: Located near Bishop Arts and Kessler Park, this home is ideal for commuters with easy access to downtown Dallas and Trinity Grove. The property boasts custom finishes, dual ensuite baths, and balconies in the primary suite, along with beautiful Mediterranean architecture and a clay tile roof. Its location and design make it ideal for both personal living and rental appeal.
Investor Highlights
Investment Highlights: Priced at $980,000, the home has potential to generate $60,000 to $70,000 annually in rental income, thanks to its desirable location and high-end features. With the recent price reduction, it's a prime opportunity for strong returns and future appreciation.
Location
State TX
County Dallas
Nearby Locations
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