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Dallas, TX 75236
  • 23 Beds
  • 20 Baths
$1,200,000

About this home

Country Creek Condominium Portfolio – 10 Units $1,200,000 $120,000 per Door

A rare opportunity to secure stabilized cash flow with powerful long-term upside. This 10-unit Dallas portfolio (7 2BR.2BA, 3 3BR.2BA) sits at 90% occupancy in a high-demand submarket, delivering immediate income from day one. Acquired well below individual retail value (comps up to $129K-2BR, $144K-3BR), investors step into substantial built-in equity instantly. With market rents reaching $1,800 per mo, cap rate has strong potential to climb into the high 7% to 8% range as rents are optimized — a clear mark-to-market runway for serious growth. A recently renovated unit offers a proven value-add blueprint to unlock top-of-market returns across the portfolio. Low-risk, near-stabilized, and positioned in a rising submarket with units trending toward $200K individually — this is a rare blend of income today and equity growth tomorrow. Hold for yield, sell units individually, or 1031 exchange — the exit strategy is yours. Don’t miss this turnkey wealth-building opportunity.

Overview

Full Baths
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Half Baths
0
Bathrooms
20
Bedrooms
23
Building Area
1368
Levels
Two
Living Area
0
Lot Size (Acres)
19.864
Property Subtype
Multiple Parcels
Property Type
Residential Income
Status
Active
Year Built
1974

Interior

Appliances
Electric Cooktop, Microwave
Cooling
Central Air
Fireplaces
0
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Central
Interior Features
Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Other

Exterior & Construction

Construction
Brick
Foundation
Slab
Roof
Composition

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Dallas
County
Dallas
School District
Dallas ISD
ZIP Code
75236
State
TX
Subdivision
Country Condos Creek
Unit #
1092

Financial

HOA Fee
443
HOA Fee Frequency
Monthly
Price
1200000

Utilities

Sewer
Public Sewer
Utilities
Sewer Available, Water Available

Listing Details

Listing Agent
Haleigh Kurth
Listing Office
NextHome Property Advisors
MLS #
21410698
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21410698

Listing agents

Listing AgentHaleigh KurthNextHome Property Advisors
Co-Listing AgentCorbin Carpenter

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