UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 452 sqft
Subdivision Royal Lane Highlands Condos
MLS Listing ID 21361116
Bedrooms 1
Full Baths 1
HOA Fees $280/mo
HOA Y/N Mandatory
Year Built 1983
Annual Tax Amount $1,250
Lot Size 1.224 Acres
Acres 1.224
Property Sub-Type Condominium
Property Description
Value-Add Potential Individual or Bulk Purchases
Take advantage of an opportunity to acquire multiple condominium units in a desirable and high-demand Dallas area. Investors can purchase units individually or capitalize on portfolio pricing when acquiring multiple properties. The seller is motivated and prepared to consider offers promptly.
Property Features
First-floor 1-bedroom, 1-bath condominium
Assigned parking
Brick fireplace
Private patio with additional exterior storage
Washer and dryer connections for a stackable unit
Refrigerator, electric range, and built-in microwave included
Location Advantages
Conveniently positioned near I-635 and US-75, with easy access to shopping, restaurants, grocery stores, Starbucks, and DART transportation. Approximately 11 miles from Downtown Dallas, providing access to major employment centers and business districts.
Investor Benefits
Established rental demand
Potential for renovation and value enhancement
Suitable for long-term buy-and-hold investors
Low-maintenance property configuration
Ability to acquire multiple units and expand an investment portfolio
Whether your strategy is to renovate and reposition, lease for cash flow, or hold for long-term appreciation, this opportunity offers flexibility and scalability.
Sale Terms
Sold AS-IS
Cash purchases only
Quick closing preferred
Proof of funds required with all offers
Seller will review offers promptly
Investors looking to expand their portfolio with multiple Dallas-area units should take advantage of this opportunity while inventory is available
Location
State TX
County Dallas
Direction From US-75 Take the Royal Lane exit, go east on Royal Lane ab9ut 2.4 mile, cross Abrams Rd, 9520 royal Lane will be on right
Rooms
Dining Room 1
Interior
Interior Features Cable TV Available, High Speed Internet Available, Pantry
Fireplaces Number 1
Fireplaces Type Living Room
Appliance Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Exterior
Utilities Available Asphalt, Cable Available, City Sewer, City Water, Electricity Available
Garage No
Building
Story One
Level or Stories One
Schools
Elementary Schools Merriman Park
Middle Schools Forest Meadow
High Schools Lake Highlands
School District Richardson Isd
Others
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21361116
Nearby School & Business
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