$1,100,000
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10 Beds
8 Baths
1.06 Acres Lot
SOLD DATE : 06/14/2022
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Wright
MLS Listing ID 20039204
Sold Date 06/14/22
Bedrooms 10
Full Baths 8
HOA Y/N None
Total Fin. Sqft 6384
Year Built 1960
Annual Tax Amount $5,919
Lot Size 1.063 Acres
Acres 1.063
Property Description
8 Unit Apartment complex on over 1 Acre lot in the city of Lake Dallas in fast growing I-35 corridor north of Dallas and Lewisville. Great location in walking distance to Lake Dallas Main Street, public transportation rail line. bicycle paths, area parks, and the lake. Property is within Lake Dallas downtown district and is targeted for Downtown Mixed Use. Property has had only 2 owners over 20 years and is very well maintained. Two 2 bedroom units and six 1 bedroom units. Many updates to property including single ply roof, energy efficient vinyl exterior siding, some updated bathrooms and kitchen countertops and flooring. All but one unit are currently leased and the property has good occupancy history. Please see the Offering Memorandum in Documents for details or contact listing agent or your broker for additional information and other property details.
Location
State TX
County Denton
Direction In Lake Dallas, just south of Main Street, just east of I35 North of Lewisville. Use GPS Directions
Interior
Interior Features Built-in Features, Decorative Lighting, Granite Counters, High Speed Internet Available, Open Floorplan
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Concrete, Luxury Vinyl Plank
Appliance Disposal, Electric Range, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Balcony
Carport Spaces 10
Fence Chain Link, Perimeter, Wood
Utilities Available City Sewer, City Water
Roof Type Synthetic,Other
Total Parking Spaces 10
Garage No
Building
Lot Description Acreage, Few Trees, Interior Lot, Level, Lrg. Backyard Grass
Story Two
Foundation Slab
Structure Type Brick,Siding,Vinyl Siding
Schools
School District Lake Dallas Isd
Others
Ownership Oakwood Interests LLC.
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Agent Related to Owner
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Bought with Non-Mls Member • NON MLS