7152 Fair Oaks Avenue #1181 Dallas, TX 75231
1 Bed
1 Bath
514 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 514 sqft
Price per Sqft $193
Subdivision Lakeview Lofts Condos
MLS Listing ID 20990534
Style Traditional
Bedrooms 1
Full Baths 1
HOA Fees $125/mo
HOA Y/N Mandatory
Year Built 1975
Annual Tax Amount $1,612
Lot Size 8 Sqft
Acres 2.0E-4
Property Sub-Type Condominium
Property Description
The value add opportunity for this unit would be in the substantial investment from the City of Dallas through MID, with numerous planned improvements for the upcoming year that have already been approved and made public. Investments have already been made in two new schools (4 total), Vickery Park branch of the Dallas Public Library, parks, and the SOPAC trail which connects residents to Flag Pole Hill, White Rock Lake and Katy Trail. This benefit has already been realized in property values and rent rates over the last couple of years and with planned updates to the complex, as well, it should only continue to improve. Additional information can be found on the Midtown Improvement Districts website. This property can be purchased independently or as part of a three-unit package, with MLS# 20990566 and one additional unit that will is off market, but is available as part of a package deal.
Location
State TX
County Dallas
Direction Use GPS. Enter complex, take first right. Second building on the left.
Rooms
Dining Room 1
Interior
Interior Features Cable TV Available, Loft, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Electric, Fireplace(s)
Cooling Central Air, Electric
Flooring Laminate
Fireplaces Number 1
Fireplaces Type Den, Wood Burning
Appliance Disposal, Electric Oven, Electric Range, Refrigerator
Heat Source Central, Electric, Fireplace(s)
Exterior
Utilities Available Cable Available, City Sewer, City Water, Community Mailbox, Electricity Available, Electricity Connected
Roof Type Shingle
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Stucco
Schools
Elementary Schools Jack Lowe Sr
Middle Schools Sam Tasby
High Schools Conrad
School District Dallas Isd
Others
Ownership RTS Group LLC
Acceptable Financing 1031 Exchange, Cash, Conventional, Fixed, Special Funding, Other
Listing Terms 1031 Exchange, Cash, Conventional, Fixed, Special Funding, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20990534
