UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cochran Heights
MLS Listing ID 21061033
Bedrooms 2
Full Baths 2
HOA Y/N None
Total Fin. Sqft 1116
Year Built 1938
Annual Tax Amount $8,553
Lot Size 7,013 Sqft
Acres 0.161
Lot Dimensions 50x127
Property Sub-Type Duplex
Property Description
Alternatively, for an investor with a higher risk tolerance and development experience, a ground-up development project offers the potential for maximum returns. The 7,009 sq ft lot is large enough to support a new, high-end single-family home or a brand-new duplex. New construction in this neighborhood has commanded sales prices well over $1 million, with some reaching as high as $2.25 million, demonstrating the strong demand for new inventory. A new duplex, in particular, would allow an investor to maximize the lot's income potential while still meeting the City of Dallas's zoning and setback requirements for multi-family residences in this area.
Location
State TX
County Dallas
Direction From 75 take Knox Henderson exit Go east on Henderson take first right on Willis then immediate left on Pershing St Home is towards the end of street on the left
Interior
Interior Features Other
Heating Central, Natural Gas
Cooling Central Air, Electric
Flooring Laminate
Appliance Other
Heat Source Central, Natural Gas
Exterior
Garage Spaces 2.0
Utilities Available City Sewer, City Water, Individual Gas Meter, Individual Water Meter
Roof Type Composition
Total Parking Spaces 2
Garage Yes
Building
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Wood
Schools
Elementary Schools Geneva Heights
Middle Schools Long
High Schools Woodrow Wilson
School District Dallas Isd
Others
Ownership Vargas
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21061033
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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.