$2,400,000 1600 Baxley Street Carrollton, TX

MLS: 13833411   Type: Multi-Family   County: Dallas   City: Carrollton   Area: Carrollton-farmers Branch   Neighborhood: Baxley Sfr   Zip: 75006   Style: MUL-Multiple Single Units     Stories: 1   Taxes: $4,197

Mortgage $11,268 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

0

0

0

10,440

2.83

1952

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
Distance: 0.34 Miles
Perry
Distance: 0.37 Miles
Turner
Distance: 0.84 Miles

Price History

5/2/2018 Listed $2,400,000

# of Buildings 12
Complex Name Baxley SFR
Energy Saving Features Ceiling Fans
HOA Type None
Handicap Access No
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/13833411
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
Security System Yn No
Sqft Building 10440
Unit Count 0
Utilities City Sewer, City Water

Exterior Features

Construction Materials Frame/Brick Trim, Siding, Wood
Foundation Details 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
Pool (Y/N) 0

Property Schools



Direct Link:

https://kdowns.haloagent.com/property/37-13833411-1600-Baxley-Street-Carrollton-TX-75006

Gallery (36 photos)

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Property vs Zip Code Avg (75006)

Price 2.40M Avg 2.40M

Sqr Feet 10,440 Avg 10,440

Cost / Sqr Ft $230 Avg $230

Taxes $4,197 Avg $4,197

Acres 2.83 Avg 2.83

Visits 417 Avg 418

Days on Site 144 Avg 144

Walkscore® 42 Avg 42

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Listing Provided Courtesy Of: Waller Group LLC




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Location & Address

Kerry Downs
825 Watters Creek Blvd. Suite 250
Allen, TX
972-400-8563
2144520590

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