2137 Sea Island Dr, Dallas, TX 75232

$250,000
3
BD
3
BA
2,248
SqFt

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List Price
$250,000
Status
ACTIVE UNDER CONTRACT
MLS#
21252780
Subtype
Residential
Style
Ranch, Detached
Architectural Style
Ranch, Detached
Construction Status
Preowned
Year Built
1965
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
2,248
Lot Size
8,189
Acres
0.19
Subdivision
Glen Hills

Property Description

Unique investment opportunity with a structured leaseback in place. The sale includes a mandatory leaseback to the current occupant, which is not optional, and the buyer must agree to the lease terms as part of the purchase. The lease is intended to be long-term, making this an ideal option for a buyer seeking stable, long-term income rather than immediate occupancy. The transaction is subject to court approval for both the sale and the leaseback agreement, which may impact timing. Leaseback terms will be incorporated into the purchase contract, and buyers should be prepared to complete a background check as part of the approval process. The transaction process will be more structured than a typical sale due to third-party approvals. There is no expectation of immediate major upgrades by the buyer, and rental payments are expected to be supported through an established financial structure.

Additional Information

Amenities
Fireplace
Interior Features
Paneling Wainscoting, Tile Counters
Exterior Features
Rain Gutters
Taxes
$6,859
Property Description
Ranch, Detached
Flooring
Carpet, Tile
Appliances
Dishwasher, Electric Oven, Gas Cooktop
Heating
Central
Air Conditioning
Central Air, Electric
Exterior Features
Rain Gutters
Stories
1
Levels
One
Roof
Composition, Shingle
Foundation
Slab
Parking Features
Alley Access, Garage Faces Rear
Garage Spaces
2
School District
Dallas Isd
Elementary School
Turneradel
Middle School
Atwell
High School
Carter

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Calculator source: Real Geeks

Listing courtesy of Nick Surguine from Surge Real Estate. Contact: