UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Fruitdale Acres 03
MLS Listing ID 20872324
Bedrooms 4
Full Baths 3
HOA Y/N None
Total Fin. Sqft 2546
Year Built 1958
Annual Tax Amount $8,950
Lot Size 1.885 Acres
Acres 1.885
Property Sub-Type Triplex
Property Description
The main unit : includes a living room, a bedroom with an attached bathroom, a kitchen, and a dining area.
A hallway leads to 3 additional bedrooms, each with its own private entrance.
Two bedrooms share a bathroom located in the hallway. The fourth unit has its own attached bathroom.
The main unit is currently occupied by the seller, while the remaining rooms are rented out. The two bedrooms with a shared bathroom each rent for $550 per month, while the private bedroom with its own bathroom rents for $650 per month. When all units are rented, the property can generate approximately $1,700 in rental income.
Additionally, the property includes a large shed, which can be used as a home office, workshop, or extra storage.
The property sits on a large 1.88-acre corner lot, offering plenty of space and privacy. It is beautifully enhanced by mature trees and a peaceful creek running through the land, creating a natural, park-like atmosphere. Despite its serene, nature-filled setting, the property is conveniently located near major roadways. It is just a short drive from Highway I-45 and Loop 12 As well as walking distance to local parks
This property offers many possibilities: Can be your as a homestead, with the main unit as the primary residence while the additional units are rented out to help cover the mortgage, making it an ideal option for someone seeking to offset housing costs.
Alternatively, it has the potential to generate approximately $2,600 in monthly income from the four rental units.
For multi-generational families, the property offers separate living spaces and private entrances, creating an ideal setup for families who want to live close together but maintain their privacy and independence.
Location
State TX
County Dallas
Direction use GPS
Interior
Interior Features Built-in Features
Heating Central
Cooling Central Air
Flooring Combination
Fireplaces Number 1
Fireplaces Type Other
Appliance Dishwasher, Electric Cooktop, Washer, Other
Heat Source Central
Exterior
Utilities Available City Sewer, City Water
Roof Type Shingle
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Siding
Schools
Elementary Schools Bushman
Middle Schools Greiner
High Schools Southoakcl
School District Dallas Isd
Others
Ownership see records
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20872324
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.