7126 Holly Hill Drive, Dallas, Texas

$475,000

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9

Beds

9

Baths

647

Square feet

0.92

Acres

About 7126 Holly Hill Drive

Nine individually deeded condominiums offered as a single portfolio. Eight units are leased and producing $74,160 in scheduled annual rent, with one unit delivered vacant and available to renovate or re-lease. Association dues of $105.22 to $128.79 per unit monthly are exceptionally low for condominium ownership, and the association maintains exteriors, roofs, grounds and common areas at that cost. At list the portfolio prices near $83 per square foot across 5,730 square feet — below every individual unit sale recorded in this community over the past eighteen months, which closed between $85.01 and $115.92 per foot. That is $52,778 a door against individual sales of $55,000, $57,000, $65,000 and $75,000. Per Dallas CAD, these nine units represent 30% of Park Town's 30 total units. Each unit is separately deeded and separately taxed, giving an owner exits that conventional apartment stock cannot: hold for income, finance in tranches, or sell units individually over time. Two miles to NorthPark Center, three to SMU, walking distance to the White Rock Creek Greenbelt. Fourteen additional units at Copperrun, same street, available separately at $875,000 or as a 23-unit package for $1,300,000 on simultaneous close. Vacant unit available to tour by appointment; occupied units shown after contract. Do not disturb tenants.

Features of 7126 Holly Hill Drive

MLS® # 21383596
Price $475,000
Bedrooms 9
Bathrooms 9.00
Full Baths 9
Square Footage 647
Acres 0.92
Year Built 1983
Type Residential Income
Sub-Type Multiple Single Units
Status Active

Community Information

Address 7126 Holly Hill Drive
Subdivision Parktown Collection Condos
City Dallas
County Dallas
State Texas
Zip Code 75231-5278

Amenities

Utilities City Sewer, City Water
Parking Spaces 9
Garages Assigned, Covered
Is Waterfront No
Pool On Property No

Interior

Interior Features Pantry
Heating Central, Electric
Fireplace No

Exterior

Roof Composition
Construction Aluminum Siding, Brick
Foundation Slab

School Information

District Dallas ISD
Elementary Jack Lowe Sr
Middle Tasby
High Conrad

Additional Information

Flooring Carpet, Laminate
HOA Fees $118
HOA Fees Freq. Monthly
$/LivSqFt $734
Net Income $32,872
Building Sqft 647
# Units 9
Short Sale No
RE / Bank Owned No

Listing Details

AgentDeborah Byrd
OfficeLeague Real Estate
Contact Info817-523-9113

Listing Map

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