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ReaganElementary School
GarciaMiddle School
AdamsonHigh School
Description
A rare opportunity to acquire a fully renovated 16-unit condominium portfolio one block from Bishop Avenue, one of Dallas's most active dining and entertainment corridors.
The portfolio spans 4 buildings and delivers 9 leased units with in-place income at closing, with the remaining 7 units rent-ready and actively being leased at current market rates. No deferred maintenance. No renovation timeline. The heavy lifting is done.
The unit mix includes studios, one-bedroom, and two-bedroom residences, individually metered for utilities with tankless water heaters throughout. The flexible unit mix supports long-term and mid-term rental strategies, with additional uses subject to city guidelines.
With stabilized pro forma gross income of $247,200 annually and a location that continues to benefit from Dallas's urban core demand, this portfolio is positioned for an investor seeking immediate cash flow with a clear path to full stabilization.
Location
Listed By
Listing Agent
Rachael Gray Smith
Compass RE Texas, LLC
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Properties marked by the NTREIS Logo are courtesy of the NTREIS Multiple Listing Service. Property listing data provided by NTREIS multiple listing service. You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Updated: 24th April, 2026 10:43 PM (UTC)
Listing Agent: Rachael Gray Smith
Listing Office: Compass RE Texas, LLC
Attribution contact:
432-413-6370






























































































































