428 N Dallas Ave, Lancaster, TX 75146

$975,000
16
BD
8
BA
7,200
SqFt
List Price
$975,000
Price Change
▼ $120,000 1747703439
MLS#
20850721
Status
ACTIVE UNDER CONTRACT
Type
Condo
Subtype
ResidentialIncome
Year Built
1970
Construction Status
Preowned
Bedrooms
16
Full Baths
8
Acres
0.43
Living Area
7,200
County
Dallas
City
Lancaster
Subdivision
Original Town Of Lancaster
Building Name
Winston Ridge

Property Description

Welcome to 428 N. Dallas Ave, a well-maintained 8-unit apartment complex located in historic downtown of Lancaster, Texas. Each unit features 2 bedrooms, 1 bath, and offers 925 sq. ft. approx. of comfortable living space. 7 of the 8 units have been completely renovated and currently, all eight units are leased, providing a steady income stream. Each unit is individually metered for electric. The property is located with convenient proximity and quick access to several major highways in the Dallas-Fort Worth metroplex. Interstate 35 which runs northbound into downtown Dallas and southbound into Waxahachie is only 4 miles east of 428 North Dallas. Interstate 20 is less than 10 minutes north of the property and connects many major roads within the city including Interstate 67, Highway 45, and Interstate 635. The proximity of these major highways allows residents to quickly and easily navigate Dallas and its surrounding suburbs.

Additional Information

Unexempt Taxes
$20,786
Lot Size
18,600
Acres
0.43
Interior Features
High Speed Internet, Cable TV
Flooring
Carpet, Vinyl, Tile
Foundation
Block
Roof
Flat, Metal
Stories
2
Pool Features
None
Parking Garage
Asphalt, Off Street, Parking Lot
School District
Lancaster Isd
Elementary School
West Main
Middle School
Lancaster
High School
Lancaster
Possession
CloseOfEscrow
Possession
CloseOfEscrow

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Robert Guy from Texas Premier Realty. Contact: 210-844-8683