7113 Pleasant View Dr, Dallas, TX 75231

$825,000
6
BD
4
BA

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List Price
$825,000
MLS#
21395990
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1979
Construction Status
Preowned
Bedrooms
6
Full Baths
4
Acres
0.27
County
Dallas
City
Dallas
Subdivision
Kingsley Creek Estates
Building Name
7113 & 7111 Pleasant View

Property Description

Rare Fully Leased Brick Duplex in Lake Highlands! Cash Flow from Day One! A rare opportunity to acquire a large, single-story brick duplex in one of Lake Highlands' most desirable residential neighborhoods. Fully leased and income-producing, this property offers investors immediate cash flow in the highly regarded Richardson ISD. Each unit offers approximately 1,606 square feet of living space with three bedrooms, two full baths, a brick fireplace, skylights, and an attached two-car garage. Ownership has invested approximately $140,000 in major functional improvements over the past several years, significantly reducing near-term capital expenses for the next owner: New roof with new decking and radiant barrier. Both HVAC systems replaced, including condensers, heat exchangers, and select ductwork. Popcorn ceilings removed and retextured throughout. Carpet removed and replaced with durable laminate flooring. Unit 7113 has been expanded to include a walk-in closet and an enclosed, climate-controlled sunroom, plus a large detached workshop with electricity and Air Conditioning, a standout feature for tenants and a strong value-add. Both units are currently leased. Please do not disturb tenants. No showings until under contract.

Additional Information

Unexempt Taxes
$15,769
Amenities
Fireplace
Lot Size
11,630
Acres
0.27
Lot Description
Irregular Lot, Subdivision
Interior Features
Cable TV
Flooring
Laminate, Tile
Foundation
Other
Roof
Composition
Stories
1
Pool Features
None
Fireplaces
2
Fireplace Type
Masonry
Garage Spaces
4
Parking Garage
Alley Access, Circular Driveway, Garage Faces Rear
School District
Richardson Isd
Elementary School
Merriman Park
Middle School
Forest Meadow
High School
Lake Highlands
Possession
CloseOfEscrow
Community Features
Curbs, Sidewalks

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Al Meyer from RE/MAX DFW Associates. Contact: 972-345-4899

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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