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University Park, TX 75205
  • 9 Beds
  • 12 Baths
  • 7,140 sqft
  • 2 Garage
$2,995,000

About this home

Exceptional opportunity to acquire a well-located triplex in the heart of University Park, just west of Snider Plaza and within walking distance to Snider Plaza, University Park Pool, Curtis Park, and nearby restaurants and shopping. **Please note that the MLS details (including total bedrooms, bathrooms, and square footage) reflect the property as it is legally described by the Dallas Central Appraisal District (DCAD) and the City of University Park, as the property is a single legal parcel.**

The property consists of three spacious townhome-style residences (3423, 3425 & 3427 Westminster), each offering approximately 2,390 square feet with 3 bedrooms, 3.5 baths, and an attached two-car garage. Each residence features a functional three-story floor plan. The first floor includes the attached two-car garage, laundry room, and one secondary bedroom with en-suite bath. The second floor offers the main living area with a spacious living room, dining area, kitchen, and powder bath. The third floor features the primary suite along with an additional secondary bedroom, each with its own bath.

Two units are currently leased on month-to-month agreements, one at $5200 per month and the other at $5000 per month, while the third unit is vacant and available for immediate occupancy or easy showings. Built in 2002, the property has been well maintained and offers excellent upside potential through cosmetic updates and rental increases, or is ideal for an owner-occupant looking to live in one unit while generating income from the other two.

The property is legally one parcel and is being sold as a single property, as recognized by both the City of University Park and DCAD. A future owner may choose to explore, if permitted, establishing a condominium regime or another ownership structure after closing, subject to all applicable governmental approvals. A rare opportunity to own a quality income-producing asset in one of Dallas' most desirable neighborhoods.

Overview

Full Baths
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Half Baths
3
Bathrooms
12
Bedrooms
9
Building Area
0
Levels
Three Or More
Living Area
7140
Lot Size (Acres)
0.161
Property Subtype
Single Family Residence
Property Type
Residential
Status
Active
Year Built
2002

Interior

Appliances
Dishwasher, Electric Oven, Disposal
Cooling
Central Air, Electric
Fireplace Features
Living Room
Fireplaces
1
Heating
Central, Natural Gas
Interior Features
Granite Counters, Walk-In Closet(s)

Exterior & Construction

Architectural Style
Traditional
Construction
Brick

Parking

Covered Parking
0
Garage Spaces
2

Location & Area

City
University Park
County
Dallas
School District
Highland Park ISD
ZIP Code
75205
State
TX
Subdivision
Hursey

Financial

Price
2995000

Utilities

Sewer
Public Sewer
Utilities
Sewer Available, Water Available

Listing Details

Listing Agent
Marc Ching
Listing Office
Allie Beth Allman & Assoc.
MLS #
21314859
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21314859

Listing agents

Listing AgentMarc ChingAllie Beth Allman & Assoc.

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