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401 Betchan Street

Lake Dallas, TX 75065
  • $1,100,000
  • STATUS: Active Option Contract
  • ON SITE: 30 Days
  • MLS #: 20039204
Under Contract
UPDATED: 53 min ago
$1,100,000
  • 10
    BEDS
  • 1.06
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

High School:
School District:
Offered by Tomas Castella of Coldwell Banker Realty Plano.

Description

8 Unit Apartment complex on over 1 Acre lot in the city of Lake Dallas in fast growing I-35 corridor north of Dallas and Lewisville. Great location in walking distance to Lake Dallas Main Street, public transportation rail line. bicycle paths, area parks, and the lake. Property is within Lake Dallas downtown district and is targeted for Downtown Mixed Use. Property has had only 2 owners over 20 years and is very well maintained. Two 2 bedroom units and six 1 bedroom units. Many updates to property including single ply roof, energy efficient vinyl exterior siding, some updated bathrooms and kitchen countertops and flooring. All but one unit are currently leased and the property has good occupancy history. Please see the Offering Memorandum in Documents for details or contact listing agent or your broker for additional information and other property details.

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Pinnacle Group REALTORS. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than RE/MAX Pinnacle Group REALTORS are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-23T12:41:10.257.
www.daviddevries.com/homes/127982469
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401 Betchan Street Lake Dallas, TX 75065

  • Price: $1,100,000
  • Status: Active Option Contract
  • On Site: 30 Days
  • Updated: 53 min ago
  • MLS #: 20039204
10
Beds
8
Baths
0
½ Baths
1.06
Acres
1960
Built
Neighborhood:
Wright
County:
Denton
Area:
Lake Dallas
High School:
Lakedallas
School District:
LAKE DALLAS ISD
Property Description
8 Unit Apartment complex on over 1 Acre lot in the city of Lake Dallas in fast growing I-35 corridor north of Dallas and Lewisville. Great location in walking distance to Lake Dallas Main Street, public transportation rail line. bicycle paths, area parks, and the lake. Property is within Lake Dallas downtown district and is targeted for Downtown Mixed Use. Property has had only 2 owners over 20 years and is very well maintained. Two 2 bedroom units and six 1 bedroom units. Many updates to property including single ply roof, energy efficient vinyl exterior siding, some updated bathrooms and kitchen countertops and flooring. All but one unit are currently leased and the property has good occupancy history. Please see the Offering Memorandum in Documents for details or contact listing agent or your broker for additional information and other property details.
Exterior Features

Carport Spaces 10 Construction BrickSidingVinyl Siding Covered Spaces 10 Dock Permitted No Exterior Features Balcony Fencing Chain LinkPerimeterWood Foundation Slab Lot Description AcreageFew TreesInterior LotLevelLrg. Backyard Grass Parking Or Garage AssignedCarportValet Parking Spaces 10 Patio And Porch Features Rear PorchOther Pool On Property No Roof SyntheticOther Waterfront YN No

Interior Features

Accessibility Features Accessible Approach With RampCustomized Wheelchair Accessible Appliances DisposalElectric RangeRefrigerator Cooling Central AirElectric Flooring CarpetConcreteLuxury Vinyl Plank Garage No Handicap YN No Heating CentralElectric Interior Features Built-In FeaturesDecorative LightingGranite CountersHigh Speed Internet AvailableOpen Floorplan

Property Features

Accessory Unit YN No Alarm Or Security Type Fire AlarmSmoke Detector(S) Building Area Source Assessor Building Area Total 6384.00 Complex Name 401 Betchan Construction Status Preowned Gross Annual Expenses 29820.00 Gross Annual Income 92040.00 HOA None Insurance Expense 3900 Intermediate School Name Lakedallas Lake Pump No Levels Two List MLSProvider Collin County Association Of Realtors Listing Terms Cash Municipal Utility District No Net Operation Income 62220 Operating Expense Includes InsuranceMaintenance GroundsNew TaxTrashWater/Sewer Possession Closing/FundingSubject To Lease Primary School Name Lakedallas Property Type Apartment Special Notes Agent Related To Owner Unexempt Taxes 5919 Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Pinnacle Group REALTORS. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than RE/MAX Pinnacle Group REALTORS are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-23T12:41:10.257.
 
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RE/MAX Pinnacle Group REALTORS
1241 W Green Oaks Blvd
Arlington TX, 76013
Offered by Tomas Castella of Coldwell Banker Realty Plano.