x
Address
1601 Baxley Street Carrollton, TX
Price
$ 2,400,000
Property Attributes
  • MLS#14084330
  • TypeMulti-Family
  • CountyDALLAS
  • CityCarrollton
  • AreaCARROLLTON-FARMERS BRANCH
  • NeighborhoodBaxley SFR
  • Zip75006
  • StyleMUL-Multiple Single Units
  • Year Built1952
  • Taxes4197
  • Price$ 2,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10440
  • Lot Size2.83 Acres
Listing Provided Courtesy Of:
Logan Waller with Waller Group LLC
Property Description

This 12 home portfolio presents a unique opportunity to purchase a strong cash flow in a great market, near downtown Carrollton. The portfolio has tremendous walkability, just 0.7 miles to a Dart station, and even less to Downtown Carrollton. DFW has seen tremendous rent growth in the past 5 years and this portfolio falls into that trend. The Baxley Portfolio has been in high demand despite the Owner increasing rents. However, the rents are still below market levels and new Ownership could come in with a value-add strategy on a professional management play; the current Owner self-manages. The site is also located in a Neighborhood Empowerment Zone with strong development incentives.

Elementary School Middle School High School
Carrollton Elementary School Perry Middle School Turner High School
Price History
5/7/2019 Listed $2,400,000

General Features

# of Buildings 12
Complex Name Baxley SFR
Energy Saving Features Ceiling Fans
HOA Type None
Listing Area CARROLLTON/FARMERS BRANCH AREA (22)
Other Equipment Other
Property Type Multi-Family
School District Carrollton-Farmers Branch ISD
School Name Carrollton
School Name Turner
Stories 1
Sub Area CARROLLTON/FARMERS BRANCH (4)
Subdivision Baxley SFR
Type MUL-Multiple Single Units
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14084330
Year Built 1952
Year Built Details Preowned

Interior Features

# of Units 12
Heating Central Air-Elec, Central Heat-Elec, Other, Window Unit
Interior Features Other
Sqft Building 10440
Utilities City Sewer, City Water

Exterior Features

Construction Materials Frame/Brick Trim, Siding, Wood
Foundation Pier & Beam
Lot Size Area 2.830
Lot Size Area (acres) 2.830
Lot Size Area (sq Ft) 123274
Lot Size Units Acres
Number Of Parking Spaces 24
Parking Features Attached, Detached, Front, Garage, Individual Carport

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 75006

Price
AVG $2.4M
$2.4M
Taxes
AVG $4,197
$4,197
Visits
AVG 96
102
Year Built
AVG 1952
1952

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