Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1985
Sq.Footage
1,360
Prime multifamily investment opportunity in the highly desirable Lakeside School District. This three-duplex portfolio (six total doors) is back on the market following seller requested cosmetic updates, offering a refreshed look, improved condition, and pricing aligned with current market value. Each 2 bedroom, 1 bathroom unit features granite countertops, stainless steel appliances, and a solid long term rental history, making this a low-maintenance, income producing asset ideal for both new and seasoned investors. Tenants pay all utilities, enhancing cash flow and simplifying management. The properties: 812 Shady Heights, 101 & 367 Lance Circle, are clustered together in Lakeside School District, just minutes from shopping, dining, and Lake Hamilton, supporting strong tenant demand and long-term appreciation. Additional upside includes extra land with potential to add another duplex (buyer to verify), creating future expansion and increased returns. 1031 Exchange friendly. Seller is offering a $5,000.00 buyer credit at closing, applicable toward an interest-rate buy-down, discount points, or other lender approved closing costs, subject to loan guidelines.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.3
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$635,000
-
Tax Amount
1153.88
-
Zoning
other
-
Sq. Footage
1, 360
-
Price/SqFt
$466
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Water Source
Public
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Location
County
Garland
Elementary School
Middle School
High School
Listing Courtesy of Karen Hudspeth , McGraw Realtors - HS
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