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General Description
minimizeCalling all investors! Fully renovated, 1986 built, Class-B asset in hot Lower Greenville area. Offered at a 16.76% IRR and tax-adjusted 5.69% Cap rate. All unit utilities are individually metered and paid by the tenants. Parking is off-street and gated. Each unit has W-D connections. Short walk to Whole Foods, many popular bars, noteworthy restaurants and boutique stores. It has a walk score of 75. One unit is currently operated as Airbnb but could have market rate lease quickly.
Interior Features
Exterior Features
Financial Information
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $-- | $755,000 | 9.94% | $755,000 | 9.94% |
| 2022 | $-- | $686,720 | 15.42% | $686,720 | 15.42% |
| 2020 | $-- | $595,000 | 9.17% | $595,000 | 9.17% |
| 2019 | $-- | $545,000 | 14.97% | $545,000 | 14.97% |
| 2018 | $-- | $474,040 | $474,040 |
2023 Dallas County Appraisal District Tax Value
| Market Land Value: | $304,500 |
| Market Improvement Value: | $450,500 |
| Total Market Value: | $755,000 |
2023 Tax Rates
| DALLAS COUNTY: | 0.2157 % |
| DALLAS (CITY): | 0.7357 % |
| DALLAS ISD: | 1.0138 % |
| PARKLAND HOSPITAL: | 0.2195 % |
| DALLAS CNTY COMMUNITY COLLEGE: | 0.1100 % |
| Total Tax Rate: | 2.2948 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 3,800 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 1,444 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimizeFacts (Based on Active listings)
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Schools (provided by Listing Agent)
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Property Map
minimize5969 Lewis St Dallas TX 75206 was recently sold. It is a 0.17 Acre(s) Lot, 8 Beds, 8 Full Bath(s) in Oram Homestead Add.
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