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About
40
$1,200,000 Sale
Listed 11 hours ago
4643 Country Creek Drive #1092
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Key Facts
Key facts for 4643 Country Creek Drive #1092
Property Type
Other
Parking
Assigned , 10 parking
MLS #
21410698
Size
-
Basement
Unspecified
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1974
Maintenance Fee
$443/mo
Description
Country Creek Condominium Portfolio – 10 Units $1,200,000 $120,000 per Door A rare opportunity to secure stabilized cash flow with powerful long-term upside. This 10-unit Dallas portfolio (7 2BR.2BA, 3 3BR.2BA) sits at 90% occupancy in a high-demand submarket, delivering immediate income from... day one. Acquired well below individual retail value (comps up to $129K-2BR, $144K-3BR), investors step into substantial built-in equity instantly. With market rents reaching $1,800 per mo, cap rate has strong potential to climb into the high 7% to 8% range as rents are optimized — a clear mark-to-market runway for serious growth. A recently renovated unit offers a proven value-add blueprint to unlock top-of-market returns across the portfolio. Low-risk, near-stabilized, and positioned in a rising submarket with units trending toward $200K individually — this is a rare blend of income today and equity growth tomorrow. Hold for yield, sell units individually, or 1031 exchange — the exit strategy is yours. Don’t miss this turnkey wealth-building opportunity.
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Listing courtesy of: NextHome Property Advisors