Description
INVESTOR OPPORTUNITY - TENANT OCCUPIED WITH IMMEDIATE RENTAL INCOME! Calling all investors! Add a turnkey, income-producing property to your portfolio with a long-term tenant already in place at $1,470 month through April 2027. At the current asking price, this property is above the 1% rent-to-price rule, making it an attractive opportunity for investors looking for immediate cash flow without the downtime and expense of securing a new tenant. This two-story home offers a functional open floor plan with a fireplace, wood-look flooring, spacious kitchen, and convenient half bath downstairs. Both bedrooms and an additional full bath are located upstairs. Additional features include generous closet space, ceiling fans, and a private fenced backyard. No vacancy. No tenant placement. Rental income from day one. Whether you're looking to add another door to an existing portfolio or purchase your next investment property, this one deserves a look. Tenant occupied - please do not disturb tenant. Lease in place through April 2027 at $1,470 month. Information provided is deemed reliable but is not guaranteed and should be independently verified. Buyer and or Buyer's Agent to verify all information, including measurements, schools, taxes, lease information, and investment calculations.
Details
| MLS # | 21357008 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $140 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 40 |
| Listing Provided By | McCaw Properties | Melanie Steele |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| Story(s) | 2 |
| Units | 1 |
| Building(s) | 1 |
| Acreage | 0.04 |
Interior
| Cooling | Ceiling Fan(s), Central Air, Electric |
|---|---|
| Heating | Central, Electric |
| Interior Features | Cable TV Available, High Speed Internet Available, Pantry |
| Appliances | Dishwasher, Disposal, Electric Oven, Electric Range, Vented Exhaust Fan |
| Fireplace Features | Wood Burning |
Exterior
| Exterior Features | Private Yard |
|---|---|
| Roof | Shingle |
| Security Features | Smoke Detector(s) |
| Construction Materials | Brick, Other |
| Foundation Details | Slab |
Parking
| Garage Yn | 0 |
|---|---|
| Attached Garage Yn | 0 |
| Parking Features | On Street, Open |
Utilities
| Utilities | City Sewer, City Water |
|---|
Taxes
| Unexempt Taxes | 2269 |
|---|---|
| Tax Lot | 16 |
| Tax Block | I6735 |
| Tax Legal Description | VILLAGE BY THE CREEK BLK I/6735 LOT 16 |
Area Information
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75227 |
| Area | Dallas |
| Community Name | Village By The Creek |
| School District | Dallas ISD |
| Elementary School | Blanton |
| High School | Samuell |
| Listing VS Median (in Village By The Creek) | |
Price: $112,000 low | high Med: $106,250 On site: 40 low | high Med: 424.5 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75227 |
| Area | Dallas |
| Community Name | Village By The Creek |
| School District | Dallas ISD |
| Elementary School | Blanton |
| High School | Samuell |
| Listing VS Median (in Village By The Creek) | |
Price: $112,000 low | high Med: $106,250 On site: 40 low | high Med: 424.5 | |
Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
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