$214,500

Property Description

Don't miss this income-producing 3-bedroom, 2-bath, 2-car garage townhome with NO HOA located in the established Applegate community of East Dallas. Currently leased to a long-term tenant at $1,895 per month, this property offers immediate cash flow for investors seeking a turnkey addition to their portfolio. Featuring approximately 1,600 square feet of living space, the floor plan includes spacious living areas, generous bedroom sizes, and a versatile loft overlooking the main living area. Built in 1981, this townhome offers low-maintenance living with strong rental appeal. Conveniently located just minutes from Downtown Dallas, White Rock Lake, Dallas Arboretum, major highways, shopping, dining, and schools, the property provides easy access to employment centers and everyday conveniences. Whether you're a seasoned investor or looking to expand your rental portfolio, this tenant-occupied property presents an excellent opportunity to generate immediate income. No showings will be permitted until an executed contract is in place. Property being sold as-is, where-is. Great opportunity for investors seeking immediate cash flow with upside potential! Buyer to verify all information herein, including schools, square footage, and lease details.

Property Facts & Features

Property Type

Townhomes

Status

Active

Listed

May 28, 2026

Price per Sq Ft

$134/sqft

ZIP Code

75228

Location

Lat 32.81063 · Lng -96.68350