Dallas, TX 75243,9520 Royal Lane #323

$200,000

Est. payment /mo
Est.Price: ?

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9520 Royal Lane #323 Dallas, TX 75243

3 Beds

3 Baths

524 SqFt

SOLD DATE : 01/04/2022

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 524 sqft

Price per Sqft $381

Subdivision Royal Lane Highlands Condos

MLS Listing ID 14710264

Sold Date 01/04/22

Bedrooms 3

Full Baths 3

HOA Fees $231/mo

HOA Y/N Mandatory

Total Fin. Sqft 524

Year Built 1983

Annual Tax Amount $1,409

Lot Size 1.224 Acres

Acres 1.224

Property Description

This listing is for 3 separate condos in one condo complex. All condos are tenanted, and all tenants have been present for at least a year. All units are rented out at below market rent, which is now $700-800 per month, depending on condition. All units are 1 bed, 1 bath units, about 500 sqft., with 1 assigned parking space each. 1 unit is a 1st floor unit, and the other 2 are 3rd floor units. A package of 4 condos in this same complex sold for $65K per unit early this year, and that was before serious market appreciation. The past few units have all sold for around $75K per unit. Please understand that viewings prior to contract may not be possible due to difficulty scheduling a single showing with 3 tenants.

Location

State TX

County Dallas

Direction Please use GPS.

Interior

Interior Features Multiple Staircases, Other

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Dishwasher, Electric Oven, Microwave

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick,Vinyl Siding

Schools

Elementary Schools Skyview

Middle Schools Forest Meadow

High Schools Lake Highlands

School District Richardson Isd

Others

Ownership See Tax

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Other

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Josh Winkler • Coldwell Banker Realty Plano
Bought with Nkechi Eche • Keller Williams Frisco Stars

Amber Butcher

Advisor | License ID: 739243

+1(214) 770-2175

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