Listing
$250,000
2137 Se••••• Island Dr (Sign up for 50 free credits to unlock)Dallas, TX 75232
Property Description
Unique investment opportunity with a structured leaseback in place. The sale includes a mandatory leaseback to the current occupant, which is not optional, and the buyer must agree to the lease terms as part of the purchase. The lease is intended to be long-term, making this an ideal option for a buyer seeking stable, long-term income rather than immediate occupancy. The transaction is subject to court approval for both the sale and the leaseback agreement, which may impact timing. Leaseback terms will be incorporated into the purchase contract, and buyers should be prepared to complete a background check as part of the approval process. The transaction process will be more structured than a typical sale due to third-party approvals. There is no expectation of immediate major upgrades by the buyer, and rental payments are expected to be supported through an established financial structure.
Property Facts & Features
- Property Type
- Single Family
- Status
- Closed
- Listed
- Apr 28, 2026
- Sold
- Oct 28, 2026
- Price per Sq Ft
- $111/sqft
- ZIP Code
- 75232
- Full Baths
- 2
- Half Baths
- 1
- Stories
- 1
- Garage
- 2 spaces
- Parking
- AlleyAccess, GarageFacesRear
- Heating
- Central
- Cooling
- CentralAir, Electric
- Construction
- Brick, Rock, Stone, WoodSiding
- Style
- Ranch, Detached
- Property Tax (2025)
- $6,859/yr
- Assessed Value
- $308,040
- Neighborhood
- Wolf Creek
- County
- Dallas
- School District
- Dallas Independent School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 3
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Land Info
- Lot Size Acres: 0.188
- Lot Size Source: PublicRecords
- Lot Size Square Feet: 8189
Utilities
- Sewer: PublicSewer
- SewerAvailable
- WaterAvailable
- Water Source: Public
Appliances
- Dishwasher
- ElectricOven
- GasCooktop
- Laundry Features: LaundryInUtilityRoom
Interior Features
- PanelingWainscoting
- TileCounters
- Flooring: Carpet, Tile
- Window Features: WindowCoverings
Garage and Parking
- Attached Garage: Yes
- Covered Spaces: 2
- Garage Spaces: 2
- Parking Features: AlleyAccess, GarageFacesRear
School Information
- Elementary School: Turneradel
- High School: Carter
- Middle School: Atwell
Heating and Cooling
- Cooling Features: CentralAir, Electric
- Fireplace Features: Stone, WoodBurning
- Heating Features: Central
- Heating: Yes
- Number of Fireplaces: 1
Other Property Info
- Tax Block: 14/69
- Source Listing Status: Closed
- County: Dallas
- Directions: Please use GPS.
- Exclusions: All personal property of current resident(s).
- Source Neighborhood: Glen Hills
- Parcel Number: 00000651733000000
- Postal City: DALLAS
- Postal Code Plus 4: 2705
- Subdivision: Glen Hills
- Property Subtype: SingleFamilyResidence
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
Building and Construction
- Total Square Feet Living: 2248
- Year Built: 1965
- Construction Materials: Brick, Rock, Stone, WoodSiding
- Foundation Details: Slab
- Levels: One
- Property Age: 61
- Property Attached: No
- Property Condition: Resale
- Roof: Composition, Shingle
- Levels or Stories: 1
- Structure Type: House
- Year Built Details: Preowned
- Architectural Style: Ranch, Detached
Exterior and Lot Features
- RainGutters
- Fencing: Wood
- Patio And Porch Features: Patio
- Patio: Yes
Amenities and Community Features
- Community Features: Sidewalks
Location
Lat 32.67486 · Lng -96.85324