Address
5105 Vandelia Street, Dallas, TX
Price
$ 1,975,000
Property Attributes
- MLS#20577008
- TypeMulti-Family
- CountyDALLAS
- CityDallas
- NeighborhoodCedar Spgs Heights
- Zip75235
- StyleApartment
- Year Built1983
- Taxes$ 34422
- Price$ 1,975,000
- Bedrooms10
- Full Bathrooms10
- Half Bathrooms0
- Sqr Footage6600
- Lot Size0.201 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Introducing 5105 Vandelia—a prime 5-unit investment opportunity in Dallas. Built in 1983, each unit boasts 2 beds, 2 baths, and a two-car garage across 1320 sq ft. Recent renovations have modernized four units, featuring hardwood floors, quartz countertops, and updated bathrooms. Outdoor spaces include yards and balconies, with fresh exterior paint and new fencing. Rental rates are currently below market average, presenting potential for increased returns. Don't miss out on this lucrative asset in DFW thriving real estate market. Kindly avoid disturbing the tenants and direct any inquiries to the listing agent. Thank you.
| Elementary School |
|---|
| Maplelawn Elementary School |
| Price History | |
|---|---|
| 4/2/2024 | Listed $1,995,000 |
| 5/3/2024 | 1% - $1,985,000 |
| 5/25/2024 | 1% - $1,975,000 |
General Features
| Heating | Central |
|---|---|
| Complex Name | 5105 Vandelia |
| Cooling | Central Air |
| Utilities | Cable Available,City Sewer,City Water |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Disposal |
| School District | Dallas ISD |
| Capitalization Rate | 4.46 |
| Exclusions | Tenant Belongings |
| Year Built | 1983 |
| Levels | Three Or More |
| Unexempt Taxes | 34422 |
| Will Subdivide | No |
| Gross Annual Expenses | 40262.00 |
| Property SubType | Apartment |
| Subdivision Name | Cedar Spgs Heights |
| Insurance Expense | 5840 |
| Occupant Type | Tenant |
| County | Dallas |
| Operating Expense Includes | Insurance |
| Property Type | Residential Income |
| Construction Materials | Brick,Siding |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 2 |
| Status | Active |
| Directions | See GPS |
| City | Dallas |
| Buyer Agent Compensation | 2 |
| Elementary School Name | Maplelawn |
| High School | North Dallas |
| Elementary School | Maplelawn |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20577008 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Cable TV Available,Decorative Lighting,Flat Screen Wiring,Multiple Staircases |
|---|---|
| Flooring | Tile,Varies,Vinyl,Wood |
| Occupancy Rate | 100 |
| Total Units | 5 |
| Unit Count | 1 |
| Full Baths | 10 |
| Lock Box Type | Other |
| Total Bedrooms | 10 |
Exterior Features
| Parking Features | Garage |
|---|---|
| Foundation | Slab |
| Lot Size Area | 0.2010 |
| Number Of Parking Spaces | 10 |
| Lot Size Units | Acres |
| Building Area Total | 6600.00 |
| Lot Size Square Feet | 8755.5600 |
| Lot Size Acres | 0.2010 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 75235
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
