1234 Templecliff, Dallas, TX 75217
- $2,900,000
- 30
- BD
- 25
- BA
- List Price
- $2,900,000
- Price Change
- ▼ $300,000 1745446097
- MLS#
- 20868372
- Status
- ACTIVE
- Type
- Condo
- Subtype
- ResidentialIncome
- Year Built
- 1961
- Construction Status
- Preowned
- Bedrooms
- 30
- Full Baths
- 25
- Acres
- 1.20
- County
- Dallas
- City
- Dallas
- Subdivision
- Pleasant Wood
- Building Name
- Templecliff Apartments
Property Description
Onyx Legacy Group is pleased to present Templecliff Apartments, a well-positioned multifamily asset in the heart of Dallas, Texas. This exceptional property offers an outstanding value-add opportunity for investors looking to acquire a stabilized asset with strong cash flow and significant upside potential. Built in 1961, Templecliff Apartments features 26 well-maintained units, providing a compelling combination of historical occupancy strength and room for revenue growth through strategic renovations and operational efficiencies. Nestled in a thriving submarket, Templecliff Apartments benefits from proximity to major employment centers, retail destinations, and sought-after entertainment venues, making it an attractive choice for tenants seeking affordability and convenience. With the continued growth of the Dallas-Fort Worth metro area, this property presents a unique chance to capitalize on rising rental demand while implementing thoughtful enhancements to boost long-term investment returns. The Dallas-Fort Worth metroplex continues to experience robust population growth, driving increased demand for quality rental housing. Recent economic developments, including major corporate relocations and infrastructure investments, have strengthened the local job market, attracting a diverse and expanding workforce. Large employers in the area include AT&T, Southwest Airlines, Bank of America, and the University of Texas Southwestern Medical Center, all contributing to a thriving business environment. Templecliff Apartments' location provides investors with a prime opportunity to benefit from this sustained expansion and the region’s strong rental market fundamentals. Additionally, the area's revitalization efforts and the planned mixed-use developments nearby are expected to further enhance property values and rental demand in the coming years.
/u.realgeeks.media/forneytxhomes/header.png)
Additional Information
- Lot Size
- 52,272
- Acres
- 1.20
- Interior Features
- Other
- Flooring
- Vinyl
- Foundation
- Slab
- Roof
- Flat
- Stories
- 2
- Pool Features
- None
- Parking Garage
- Assigned, Asphalt, Electric Gate
- School District
- Dallas Isd
- Elementary School
- Ireland
- Middle School
- Hood
- High School
- Samuell
- Possession
- CloseOfEscrow
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Mark Allen from Onyx Legacy Realty LLC. Contact: