7126 Holly Hill DR, City, TX 75231
7126 Holly Hill DR, City, TX 75231
7126 Holly Hill DR, City, TX 75231
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$475,000
Est. payment /mo
9 Beds
9 Baths
647 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 647 sqft

Price per Sqft $734

Subdivision Parktown Collection Condos

MLS Listing ID 21383596

Bedrooms 9

Full Baths 9

Construction Status Resale

HOA Fees $118/mo

HOA Y/N Yes

Year Built 1983

Annual Tax Amount $2,316

Lot Size 0.918 Acres

Acres 0.918

Property Description

Nine individually deeded condominiums offered as a single portfolio. Eight units are leased and producing $74,160 in scheduled annual rent, with one unit delivered vacant and available to renovate or re-lease.

Association dues of $105.22 to $128.79 per unit monthly are exceptionally low for condominium ownership, and the association maintains exteriors, roofs, grounds and common areas at that cost.

At list the portfolio prices near $83 per square foot across 5,730 square feet — below every individual unit sale recorded in this community over the past eighteen months, which closed between $85.01 and $115.92 per foot. That is $52,778 a door against individual sales of $55,000, $57,000, $65,000 and $75,000.

Per Dallas CAD, these nine units represent 30% of Park Town's 30 total units. Each unit is separately deeded and separately taxed, giving an owner exits that conventional apartment stock cannot: hold for income, finance in tranches, or sell units individually over time.

Two miles to NorthPark Center, three to SMU, walking distance to the White Rock Creek Greenbelt. Fourteen additional units at Copperrun, same street, available separately at $875,000 or as a 23-unit package for $1,300,000 on simultaneous close.

Vacant unit available to tour by appointment; occupied units shown after contract. Do not disturb tenants.

Location

State TX

County Dallas

Direction gps

Interior

Interior Features Pantry

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Laminate

Fireplace No

Appliance Electric Range

Exterior

Parking Features Assigned, Covered

Pool None

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 9

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Resale

Schools

Elementary Schools Jack Lowe Sr

Middle Schools Tasby

High Schools Conrad

School District Dallas Isd

Others

HOA Name Parkview Collection Condo Assoc

HOA Fee Include Maintenance Grounds

Tax ID 00C55770000A00104

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21383596


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