Dallas, TX 75217 1234 Templecliff

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Presented By: Mark Allen with Onyx Legacy Realty LLC;
  • MLS# 20868372
  • 03/11/2025
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  • Beds • 30
  • Baths • 26

Home Details

Onyx Legacy Group is pleased to present Templecliff Apartments, a well-positioned multifamily asset in the heart of Dallas, Texas. This exceptional property offers an outstanding value-add opportunity for investors looking to acquire a stabilized asset with strong cash flow and significant upside potential. Built in 1961, Templecliff Apartments features 26 well-maintained units, providing a compelling combination of historical occupancy strength and room for revenue growth through strategic renovations and operational efficiencies. Nestled in a thriving submarket, Templecliff Apartments benefits from proximity to major employment centers, retail destinations, and sought-after entertainment venues, making it an attractive choice for tenants seeking affordability and convenience. With the continued growth of the Dallas-Fort Worth metro area, this property presents a unique chance to capitalize on rising rental demand while implementing thoughtful enhancements to boost long-term investment returns. The Dallas-Fort Worth metroplex continues to experience robust population growth, driving increased demand for quality rental housing. Recent economic developments, including major corporate relocations and infrastructure investments, have strengthened the local job market, attracting a diverse and expanding workforce. Large employers in the area include AT&T, Southwest Airlines, Bank of America, and the University of Texas Southwestern Medical Center, all contributing to a thriving business environment. Templecliff Apartments' location provides investors with a prime opportunity to benefit from this sustained expansion and the region’s strong rental market fundamentals. Additionally, the area's revitalization efforts and the planned mixed-use developments nearby are expected to further enhance property values and rental demand in the coming years.
Presented By: Mark Allen with Onyx Legacy Realty LLC;

Interior Features for 1234 Templecliff

Bedrooms

Total Bedrooms30

Bathrooms

Total Baths25

Other Interior Features

Unit Count2
Lock Box TypeNone
FlooringVinyl
Interior FeaturesOther
Total Units26

General for 1234 Templecliff

# of Buildings2
Accessibility FeaturesAccessible Entrance
AppliancesNone
Capitalization Rate6.77
CityDallas
Complex NameTemplecliff Apartments
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyDallas
DirectionsGPS
Elementary SchoolIreland
Elementary School NameIreland
Full Baths25
Gross Annual Expenses118215.00
HOA TypeNone
HeatingCentral
High SchoolSamuell
Insurance Expense26400
LevelsTwo
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeApartment
Property TypeResidential Income
RoofFlat
School DistrictDallas ISD
Standard StatusActive
StatusActive
Subdivision NamePleasant Wood
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1961
Year Built DetailsPreowned

Exterior for 1234 Templecliff

Building Area Total17340.00
Foundation Slab
Lot Size Acres1.2000
Lot Size Area1.2000
Lot Size Square Feet52272.0000
Lot Size UnitsAcres
Number Of Parking Spaces53
Parking FeaturesAsphalt, Assigned, Electric Gate

Additional Details

Price History

Schools

Middle School N/A
High School N/A
Elementary School Ireland Elementary School

Cassie Huerta

Price $2,900,000
MLS#20868372
List Date 03/11/2025
Property Type Multi-Family
Phone 903.360.3264
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