$515,000

Property Description

Rare opportunity to own a 1% rent ratio, turn-key, professionally managed 4 plex in a highly rentable corridor of Dallas. This property features spacious townhome-style units, each offering 1,240 square feet of thoughtfully designed living space. Unit Features: Inviting living room with a fireplace and built-in bar area, Separate dining room, Fully equipped kitchen with numerous updates and all appliances, In-unit laundry room with washer and dryer. Two oversized upstairs bedrooms, each with a walk-in closet and private en-suite bathroom, plus a convenient half bath downstairs for guests. Private patio entrance and fenced backyard courtyard. Separately metered units - tenants cover all their own utilities. Stable, long-term tenant base with a close-knit community feel. Prime location nearby schools, grocery stores, retail, and close major highway access for an easy commute. Positioned in a growing Dallas submarket with solid current rents and strong upside for future appreciation. This is a low-maintenance, high-demand asset ideal for investors seeking dependable cash flow with long-term growth potential. Three units are leased, with 4th unit listed for lease but available to show. All occupants are on leases, 2 of them have lived here long-term and plan to stay. At a rare 1% rent ratio, this is a great opportunity that doesn't come around often!

Property Facts & Features

Property Type

Multi Family

Status

Closed

Listed

Aug 7, 2026

Sold

Oct 29, 2026

Price per Sq Ft

$104/sqft

ZIP Code

75227

Full Baths

8

Half Baths

4

Stories

2

Parking

Guest, Open, ParkingLot

Heating

Central, Electric

Cooling

CentralAir, CeilingFans, Electric

Construction

Brick

Property Tax (2025)

$12,469/yr

Assessed Value

$560,000

Neighborhood

Buckner Terrace

County

Dallas

School District

Dallas Independent School District

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 32.78264 · Lng -96.68661