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.
Property Type
Residential IncomeSubdivision
Aspen Mdws Ph 1County
DallasStyle
Residential IncomeAD ID
48914913
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 30
Bathroom Information
- Total Baths: 25
- Full Baths: 25
Interior Features
- Other
Appliances
- None
Utilities
- City Sewer,City Water
Cooling Features
- Window Unit(s)
Heating Source
- Central
-
Exterior Features
Building Information
- Built Year: 1961
- Building Area Total: 17,340
- Construction: Brick
- Roof Type: Flat
Foundation
- Slab
Accessibility Features
- Accessible Entrance
Construction Materials
- Brick
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 1.2000
- Lot Size Units: Acres
- Lot Size Square Feet: 52272.0000
Property Information
- Property Type: Residential Income
- Property Sub Type: Apartment
- Subdivision: Pleasant Wood
- City: Dallas
- State: Texas
- Directions: GPS
- Property Status: Active
-
Listing Information
Listing Price Information
- Original List Price: $2,900,000
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
Tax Information
- Parcel Number: 6244000004003006244000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 53
- Parking Features: Asphalt,Assigned,Electric Gate
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Ireland
- Middle School: Hood
- High School: Samuell
- School District: Dallas ISD
Utility Information
- Utilities: City Sewer,City Water
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
BuyOwner last updated this listing 05/12/2025 @ 08:45
- MLS: 450576973
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Home, with 30 bedrooms which is for sale, it has 0 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.