Lancaster, TX 75146 428 N Dallas Avenue
$975,000



20 more





















Presented By: Robert Guy with Texas Premier Realty; 210-844-8683
Home Details
Welcome to 428 N. Dallas Ave, a well-maintained 8-unit apartment complex located in historic downtown of Lancaster, Texas. Each unit features 2 bedrooms, 1 bath, and offers 925 sq. ft. approx. of comfortable living space. 7 of the 8 units have been completely renovated and currently, all eight units are leased, providing a steady income stream. Each unit is individually metered for electric.
The property is located with convenient proximity and quick access to several major highways in the Dallas-Fort Worth metroplex. Interstate 35 which runs northbound into downtown Dallas and southbound into Waxahachie is only 4 miles east of 428 North Dallas. Interstate 20 is less than 10 minutes north of the property and connects many major roads within the city including Interstate 67, Highway 45, and Interstate 635. The proximity of these major highways allows residents to quickly and easily navigate Dallas and its surrounding suburbs.
Presented By: Robert Guy with Texas Premier Realty; 210-844-8683
Interior Features for 428 N Dallas Avenue
Bedrooms
Total Bedrooms16
Bathrooms
Half Baths0
Total Baths8
Other Interior Features
Unit Count1
Fireplaces Total0
Lock Box TypeNone
Basement Y/NNo
FlooringCarpet, Luxury Vinyl Plank, Tile
Interior FeaturesCable TV Available, High Speed Internet Available
Occupancy Rate100
Total Units8
General for 428 N Dallas Avenue
# of Buildings2
AppliancesDishwasher, Disposal, Electric Cooktop, Refrigerator
Capitalization Rate0.00
CityLancaster
Complex NameWinston Ridge
Construction MaterialsBlock
CoolingCeiling Fan(s), Central Air, Electric
CountyDallas
DirectionsFrom Interstate 20: take Lancaster Road South, which turns into Dallas Ave. Turn left on E 4th Street The apartment is on the Right-2 grey painted buildings.
Elementary SchoolWest Main
Elementary School NameWest Main
Full Baths8
Gross Annual Expenses0.00
HOA TypeNone
HeatingElectric
High SchoolLancaster
Insurance Expense
LevelsTwo
Listing Terms1031 Exchange, Cash, Contact Agent, Conventional, FHA, Fixed
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeApartment
Property TypeResidential Income
RoofFlat, Metal
School DistrictLancaster ISD
Standard StatusActive Under Contract
StatusActive Option Contract
Subdivision NameOriginal Town Of Lancaster
Unexempt Taxes20786
UtilitiesCity Sewer, City Water, Electricity Available
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1970
Year Built DetailsPreowned
Exterior for 428 N Dallas Avenue
Building Area Total7200.00
Foundation Block
Lot Size Acres0.4270
Lot Size Area0.4270
Lot Size Square Feet18600.1200
Lot Size UnitsAcres
Number Of Parking Spaces16
Parking FeaturesAsphalt, Off Street, Parking Lot
Additional Details
Price History
Schools
Elementary School
West Main Elementary School
Middle School
N/A
High School
N/A

Mec Cheney
Realtor