9 Beds
6 Baths
3,680 SqFt
9 Beds
6 Baths
3,680 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,680 sqft
Price per Sqft $176
Subdivision Arlington Park Estates Sec 04
MLS Listing ID 21395111
Bedrooms 9
Full Baths 6
Construction Status Resale
HOA Y/N No
Year Built 2004
Annual Tax Amount $13,656
Lot Size 9,757 Sqft
Acres 0.224
Property Sub-Type Triplex
Property Description
The numbers make this location particularly attractive for a buy-and-hold investor. Approximately 75% of occupied households in 75235 are renter-occupied, while roughly 90% of the area's housing units are occupied. Current rents range from $1,495 to $1,595 per unit, providing established income from day one with potential opportunity for future rent growth as leases turn and market conditions allow. Current market data places median rent in 75235 around $1,663 per month, giving investors another reason to evaluate the property's future income potential.
The long-term story may be even more compelling. Record Crossing sits in Dallas' major medical and employment corridor, near UT Southwestern Medical Center, Parkland Memorial Hospital and Children's Medical Center, with convenient access to Love Field, Downtown Dallas and major highways. This concentration of healthcare, employment and transportation infrastructure provides a strong economic anchor for the surrounding rental market.
Three units. Three existing tenants. $55,020 in scheduled gross annual rent. For investors looking for immediate income, diversified rent across multiple units and long-term appreciation potential in a heavily renter-occupied Dallas submarket, 1414 Record Crossing deserves a closer look.
Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.
Location
State TX
County Dallas
Community Curbs, Sidewalks
Direction From Downtown Dallas, take I-35E N, exit at Commonwealth Dr, make a U-turn, and stay on the service road. Turn right onto Record Crossing Rd; the property will be on the right.
Interior
Interior Features Decorative/Designer Lighting Fixtures, Open Floorplan
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile, Terrazzo
Fireplace No
Window Features Window Coverings
Appliance Dishwasher, Disposal, Microwave
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features None, Off Street, Garage Faces Rear
Carport Spaces 2
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Water Access Desc Public
Roof Type Composition
Total Parking Spaces 10
Garage No
Private Pool No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Construction Status Resale
Schools
Elementary Schools Hernandez
Middle Schools Rusk
High Schools North Dallas
School District Dallas Isd
Others
Tax ID 00000423070000000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21395111
Nearby Locations
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