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4047 Herschel Avenue , 12 Units Total

Dallas, TX 75219
  • $6,500,000
  • STATUS: Active
  • ON SITE: 238 Days
  • MLS #: 20641732
UPDATED: 10 min ago
$6,500,000
  • 16
    BEDS
  • 0.33
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1981
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by William Butler of Butler Property Company: 214-641-9400.

Description

Herschel Terrace is a rare multi-family opportunity on a corner lot approximately three blocks away from Highland Park. Technically this property is platted and parceled as 12 condo units but current owner owns all 12 and the entire property. Possibilities are endless providing a multitude of options from redevelopment on a corner lot, to selling the units individually, or just continue operating it like an apartment complex. There are two building each containing 6 units. There are 4 two bedroom two bath units and 8 one bedroom one bath units. On the parking lot side the end units have a common area basement containing a laundry room for the residents.

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© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mack Group - Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Mack Group - Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-02-11T23:41:28.293.
www.mackgroupre.com/homes/151733380
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4047 Herschel Avenue , 12 Units Total Dallas, TX 75219

  • Price: $6,500,000
  • Status: Active
  • On Site: 238 Days
  • Updated: 10 min ago
  • MLS #: 20641732
16
Beds
16
Baths
0
½ Baths
0.33
Acres
1981
Built
Neighborhood:
Herschel Ave Condo
County:
Dallas
Area:
Dallas
Elementary School:
Milam
High School:
North Dallas
School District:
Dallas ISD
Property Description
Herschel Terrace is a rare multi-family opportunity on a corner lot approximately three blocks away from Highland Park. Technically this property is platted and parceled as 12 condo units but current owner owns all 12 and the entire property. Possibilities are endless providing a multitude of options from redevelopment on a corner lot, to selling the units individually, or just continue operating it like an apartment complex. There are two building each containing 6 units. There are 4 two bedroom two bath units and 8 one bedroom one bath units. On the parking lot side the end units have a common area basement containing a laundry room for the residents.
Exterior Features

Carport Spaces 0 Construction BrickFiber CementSidingWood Covered Spaces 0 Exterior Features BalconyCourtyardCovered Patio/Porch Fencing Wood Foundation CombinationSlab Lot Description Corner Lot Parking Or Garage CommonOn SiteOpenParking Lot Parking Spaces 13 Patio And Porch Features Deck Pool On Property No Roof Composition Waterfront YN No

Interior Features

Appliances DishwasherDisposalElectric OvenElectric RangeElectric Water HeaterGas Water HeaterRefrigerator Attached Garage No Cooling Ceiling Fan(s)Central AirElectric Fireplaces 0 Flooring CarpetCeramic TileCombinationHardwoodLuxury Vinyl Plank Garage No Handicap YN No Heating CentralElectric Interior Features Built-in FeaturesCable TV AvailableDouble VanityEat-in KitchenHigh Speed Internet AvailableOpen FloorplanWalk-In Closet(s) Window Features Window Coverings

Property Features

Building Area Source Other Building Area Total 10492.00 Common Features Community SprinklerLaundrySidewalks Complex Name Herschell Terrace Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 204000.00 HOA None Insurance Expense 0 Levels Two List MLSProvider Metrotex Association Of Realtors Listing Terms 1031 ExchangeCashConventional Municipal Utility District No Net Operation Income 0 Possession Closing/FundingLease Outstanding Property Type Apartment Senior Community No Tenancy Over 9 MonthsPet RestrictionsWritten Application Only Unexempt Taxes 8353 Utilities Cable AvailableCity SewerCity WaterCommunity MailboxConcreteCurbsElectricity ConnectedSidewalk Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mack Group - Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Mack Group - Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-02-11T23:41:28.293.
 
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The Mack Group - Fathom Realty
6841 Virginia Pkwy #103-448
McKinney TX, 75071
Offered by William Butler of Butler Property Company: 214-641-9400.