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Listing provided courtesy of Keller Williams Realty DPR- MLS# 21299485MLS ProviderContact Information: Mida Derguti - (214) 497-0673

3649-51 Stables Lane #2Dallas, TX 75229

Multi-Family · 5 Beds · 4 Full Baths · 2,878 Sq. ft. | 0.13 Acres
$799,999 Active

3649-51 Stables Lane #2 Overview

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Fully Renovated Duplex, Fully Leased and No HOA! Exceptional turnkey investment opportunity featuring two income-producing units: a spacious 3-bedroom, 2-bath unit and a 2-bedroom, 2-bath unit. Fully renovated with modern finishes throughout and currently fully leased, providing immediate cash flow and stable rental income. Conveniently located near major highways, shopping, dining, and employment centers. No HOA, offering greater flexibility and lower ownership costs. A rare chance to acquire a fully occupied, income-producing asset with strong long-term investment potential.

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3649-51 Stables Lane #2 Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,878
  • Price/Sq.ft. $278
  • Lot 0.13 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Dallas ISD
  • Elementary School: Degolyer
  • Middle Or Junior School: Marsh
  • High School: White

Income/Expenses

  • Gross Income: 54600.0
  • Insurance Expense: 1900.0
  • Net Operating Income: 46752.0
  • Operating Expense Includes: Insurance,New Tax

Building Information

  • Year Built: 1968
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Dallas
  • Postal City: DALLAS
  • Subdivision Name: Walnut Gardens Rev

Tax Information

  • Tax Annual Amount: 5948.0

General Information

  • Listing Terms: Cash,Conventional,FHA
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2878.0

General Information

  • Appliances: Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Refrigerator
  • Basement: No
  • Fireplace Features: Living Room,Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet,Laminate,Tile
  • Foundation Details: Slab
  • Interior Features: Open Floorplan
  • Levels: One
  • Stories: 1

Unit Information

  • Unit Number: 2

Exterior

Parking Information

  • Parking Features: Carport
  • Parking Total: 2.0

Lot Information

  • Lot Features: Sprinkler System
  • Lot Size Acres: 0.126
  • Lot Size Area: 0.126
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5488.56
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Patio And Porch Features: Rear Porch,Patio
  • Roof: Shingle

General Information

  • Carport Spaces: 2.0
  • Carport: Yes
  • Covered Spaces: 2.0
  • Fencing: Fenced,Wood
  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Sewer Available,Separate Meters,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 3649

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 3651
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3649-51 Stables Lane #2 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.
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