102 North Dallas Street

Palmer, TX 75152

$875,000
Price
9
Beds
6
Baths
5,940 Sq. Ft.
$147 / Sq. Ft.
5,940
Sq. Ft.
$147
per Sq. Ft.

Description

You would not want to miss out on this well maintained 6 Plex brick apartment building. Great Investment potential with 1 commercial unit and 5 other units. There are two 1 bedroom units and three 2 bedroom units. The 2 bottom units have been recently renovated from Commercial use to two bedroom units.You would not want to miss out on this well maintained 6 Plex brick apartment building. Great Investment potential with 1 commercial unit and 5 other units. There are two 1 bedroom units and three 2 bedroom units. The 2 bottom units have been recently renovated from Commercial use to two bedroom units.
  1. Listed by Laurie Huskins • TREC #0677446 • City Real Estate • 972-345-8303

Property Details for 102 North Dallas Street

Subdivision Name
O T Palmer-Rev
Pool
No
Number Of Parking Spaces
25

Location

Listing Courtesy of City Real Estate, Laurie Huskins
Add your commute
LISTING UPDATED: 01/17/2024 11:51 AM

Property Details for 102 North Dallas Street

StatusActive
MLS #20446480
Days on Market212
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built2005
Lot Size0.26 AC / 11,499 SF
CountyEllis County

Location

Listing Courtesy of City Real Estate, Laurie Huskins
Add your commute

Building Information for 102 North Dallas Street

Stories2Residences6Year Built2005Building Size-Lot Size0.26 AC / 11,499 SF

Payment Calculator

$5,958 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$1,183

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 102 North Dallas Street

Summary
Location and General Information
  • Block: 7
  • Complex Name: Dallas St. Complex
  • Directions: Twenty five minutes south of downtown Dallas on Interstate 45. Take the Palmer exit 260 merging onto Dallas St. 1.3 mi to 102 N. Dallas St. on your right.
  • Elementary School: Palmer
  • Elementary School Name: Palmer
  • High School: Palmer
  • High School Name: Palmer
  • Middle School: Palmer
  • Year Built Details: Preowned
  • School District: Palmer ISD
  • Geocode Confidence: High
  • Latitude: 32.43
  • Longitude: -96.67
  • State: Texas
Parking
  • Parking Features: Concrete, On Site, Open, Parking Lot
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: 11-14 7 O T PALMER 0.264 ACRES
  • Association Type: None
  • Tax Lot: 11-14
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Carpet, Concrete, Linoleum, Painted/Stained
  • Heating: Central, Electric
  • Interior Features: Multiple Staircases, Open Floorplan, Pantry
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Cooling: Central Air, Electric
  • Living Area: 5940.0
  • Smart Home Features Appor Pass Y: No
  • Window Features: Window Coverings
Exterior Features
  • Building Area Source: Plans
  • Construction Materials: Brick, Concrete
  • Exterior Features: Awning(s), Balcony, Rain Gutters, Lighting
  • Fencing: None
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition, Other
  • Number Of Units Total: 6
  • Levels: Two
Property
Utilities
  • Utilities: All Weather Road, Asphalt, City Sewer, City Water, Community Mailbox, Electricity Available, Individual Water Meter
Property and Assessments
  • Exclusions: All equipment and or accessories associated with making or selling of donuts in the Commercial Unit #100
  • Financing Proposed: Cash, Conventional, FHA
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Fire Alarm, Firewall(s), Security Lights, Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Features: Corner Lot, Few Trees
  • Lot Size Acres: 0.264
  • Lot Size Area: 0.264
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 11499.84
  • Multi Parcel ID: No
  • Parcel Number: 168244
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 7.92%
  • Gross Annual Expenses: $18,800
  • Gross Annual Income: $88,140
  • Insurance Expense: $7,730
  • Tenancy: No Sublease, No Waterbeds, Over 9 Months, Other
  • Total Annual Expenses Include: Maintenance, Maintenance Grounds, Maintenance Structure, Trash, Utilities, Other
  • Net Operation Income: $69,340.00
Unit 1
  • Approximate SQFT: 990.0
  • Living Area Length: 24.0
  • Living Area Width: 8.0
  • Number Of Baths Full: 1
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 2
Unit 2
  • Approximate SQFT: 987.0
  • Living Area Length: 24.0
  • Living Area Width: 8.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 3
Unit 3
  • Approximate SQFT: 987.0
  • Living Area Length: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: Manager's Unit
  • Unit Type Units Total: 1

Property History for 102 North Dallas Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 102 North Dallas Street

Taxable ValueLand$150,915Additions$539,085Total$690,000
Tax Record2023$14,199 ($1,183 / month)
Home Facts
Total Finished SqFt6,383 SqFtAbove Grade Finished SqFt6,383 SqFtLot Size11,500 SqFtStyleMiscellaneous CommercialYear Built2005CountyELLISAPN65.2001.007.011.00.110

Schools near 102 North Dallas Street

This home is within Palmer Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Palmer Elementary School
PublicPK to 4

Palmer Middle School
Public5 to 8

Palmer High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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102 North Dallas Street is a multi-family home for sale in Palmer, TX 75152. This property was listed for sale on October 4, 2023 by City Real Estate, it's currently listed at $875,000. This listing's school district is Palmer Independent School District. Nearby schools include Palmer Elementary School, Palmer Middle School and Palmer High School. 102 North Dallas Street is a 9-bed, 6-bath, 5,940 sqft multi-family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of City Real Estate, Laurie Huskins

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