9571 Gonzales Dr, Dallas, TX 75227

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Sold Price
$?
List Price
$280,000
Status
CLOSED
Closing Date
Mar 22, 2024
MLS#
20540907
Subtype
ResidentialIncome
Construction Status
Preowned
Year Built
1982
Bedrooms
4
Full Baths
4
Lot Size
3,310
Acres
0.08
Subdivision
Park Independence
Building Name
Gonzales Duplex

Property Description

9571 & 9575 Gonzales is a duplex that is currently fully occupied by long-term tenants. Unit 9575 is currently leased for $1350 per month on a month-to-month basis, while unit 9571 is leased for $1400 per month until August 2024. This presents a potential opportunity to increase the value of the property. The comparable rental prices suggest that rents of up to $1600 per unit are achievable with some renovations. After renovation, the property can be sold for $200k per unit. Both units are identical with 2 bedrooms and 2 bathrooms each, and mirror each other in layout. Unit 9575 has a larger yard because it is on the corner. A recent appraisal came in above list price, giving the new owner instant equity.

Additional Information

Interior Features
High Speed Internet, Open Floor Plan, Cable TV
Taxes
$7,028
Flooring
Laminate, Tile
Appliances
Dishwasher, Electric Range, Disposal
Heating
Central
Air Conditioning
Central Air
Stories
1
Levels
One
Roof
Composition
Foundation
Slab
Parking Features
Gated, Parking Pad
School District
Dallas Isd
Elementary School
C A Tatum Jr
Middle School
Ann Richards
High School
Skyline

Mortgage Calculator

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

Listing courtesy of Jacob Stevenson from Compass RE Texas, LLC.. Contact: 469-367-2655

Selling Office: Caple & Company.

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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