Address
1230 Kings Highway, Dallas, TX
Price
$ 875,000
Property Attributes
- MLS#20628861
- TypeContingent
- CountyDALLAS
- CityDallas
- NeighborhoodOak Cliff Annex
- Zip75208
- StyleQuadruplex
- Year Built1910
- Taxes$ 16956
- Price$ 875,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Lot Size0.258 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Welcome to 1230 Kings Hwy. Situated on a large 65x150 lot, this architectural gem is a rare offering blending classic charm with modern elegance, featuring a well-maintained façade and contemporary lighting. The beautifully landscaped front yard leads to a spacious porch, perfect for relaxing evenings. This 100% leased 4-plex is an exceptional investment opportunity. Each unit offers ample living space, high-quality finishes, and thoughtful layouts, ensuring tenant satisfaction and steady rental income for investors. Located in a vibrant neighborhood, Kings Hwy is just minutes from Stevens Park Golf Course as well as the epicenter of the Bishop Arts District. The excellent connectivity makes commutes easy and convenient. The strong rental market in Dallas underscores the property's value. Current owner has just completed an extensive repair to the properties foundation as well as added beautiful exterior recessed lighting and an outdoor living space to encourage tenant satisfaction.
| Elementary School |
|---|
| Rosemont Elementary School |
| Price History | |
|---|---|
| 6/6/2024 | Listed $875,000 |
General Features
| Heating | Central |
|---|---|
| Complex Name | 1230 Kings Hwy |
| Cooling | Central Air,Electric |
| Utilities | City Sewer,City Water |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Electric Range,Washer |
| School District | Dallas ISD |
| Capitalization Rate | 5.14 |
| Exclusions | All tenants personal property. |
| Year Built | 1910 |
| Levels | Two |
| Unexempt Taxes | 16956 |
| Will Subdivide | No |
| Gross Annual Expenses | 24800.00 |
| Property SubType | Quadruplex |
| Subdivision Name | Oak Cliff Annex |
| Insurance Expense | 3200 |
| Occupant Type | Tenant |
| County | Dallas |
| Property Type | Residential Income |
| Construction Materials | Wood |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 1 |
| Status | Active Option Contract |
| Directions | Use Apple or Google Maps. |
| City | Dallas |
| Buyer Agent Compensation | 3 |
| Elementary School Name | Rosemont |
| High School | Sunset |
| Elementary School | Rosemont |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20628861 |
| Standard Status | Active Under Contract |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | High Speed Internet Available,Open Floorplan |
|---|---|
| Flooring | Ceramic Tile,Wood |
| Occupancy Rate | 100 |
| Total Units | 4 |
| Unit Count | 4 |
| Full Baths | 4 |
| Lock Box Type | None |
| Total Bedrooms | 5 |
| Total Baths | 4 |
Exterior Features
| Exterior Features | Fire Pit,Outdoor Living Center |
|---|---|
| Fencing | Wood |
| Parking Features | Driveway,Off Street,Private |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 0.2580 |
| Lot Size Dimensions | 65x150 |
| Number Of Parking Spaces | 4 |
| Lot Size Units | Acres |
| Building Area Total | 2920.00 |
| Lot Size Square Feet | 11238.4800 |
| Lot Size Acres | 0.2580 |
| Patio And Porch Features | Front Porch,Rear Porch |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 75208
Price
Taxes
Visits
Year Built
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