Listing provided courtesy of Myers Jackson- MLS# 21297688MLS ProviderContact Information: MYERS Jackson - 844-400-2828

7947 Habersham LaneDallas, TX 75248

Multi-Family · 5 Beds · 4 Full Baths · 2,966 Sq. ft.
$100,000 Active

7947 Habersham Lane Overview

Visits:
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BID OPENING at 2PM on Friday, June 19. Why a starting bid of $100,000? Simple fact, I do not know what you are willing to pay until you tell me. Whether you’re looking for a spacious multi-generational layout or a brilliant -house-hacking - investment where your tenant pays your mortgage, this property is outside the traditional box. Exemplary parking compared to many Dallas neighborhoods... Highlights, Private backyards, updated kitchens, a quiet tree-lined street, and garage parking. It's the neighborhood feel you want, without being boxed into a massive complex. Garage and back door parking is a bonus. Set Your Own Rate: Example ROI Breakdown, Calculate the power of your own investment. With a potential stabilized gross rent nearing $5,000 per month, look at how the returns stack up depending on your strategy: Set your mark 8% ROI: Stable, low-leveraged cash flow asset. ?? Set Your Own Rate: Example ROI Breakdown 10% ROI: Optimized house-hacking or standard long-term rental scenario. 13% ROI: Value-add stabilization with localized short-to-medium-term rental upside. Determine your own rate and income values to hit your portfolio goals! Minimum Opening Bid: $100,000 •Incentive: UP to 5% CONCESSIONS subject to scale and lift! (Based on a sliding scale—as your bid lifts, your potential concession incentive scales up!) Don’t wait for the day of the AUCTION RUSH to figure it out. Properties with this dual-income flexibility off Coit Road don't stay open long. Make a preemptive Bid and Clear the Slate... Myers Jackson, Auctioneer under the direction of the seller may process and execute bids submitted (offers) that satisfy the sellers right to reservation, liberty of bidding, counter-bidding or other rights. Subject to online or offline Terms, Conditions of Sale, Offer, Price, Seller Confirmation, 15% Buyers Premium ~ TDLR 17057

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7947 Habersham Lane Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,966
  • Price/Sq.ft. $34

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Richardson ISD
  • Elementary School: Spring Creek
  • Middle Or Junior School: Westwood
  • High School: Richardson

Income/Expenses

  • Gross Income: 51600.0
  • Insurance Expense: 13000.0

Building Information

  • Year Built: 1966
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Dallas
  • Postal City: DALLAS
  • Subdivision Name: Spring Creek

Tax Information

  • Tax Annual Amount: 10591.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange,Other,Special Funding,Submit
  • Property Sub Type: Duplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Appraiser
  • Building Area Total: 2966.0

General Information

  • Flooring: Other
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Other
  • Levels: One and One Half

Exterior

Parking Information

  • Parking Features: Garage Faces Side
  • Parking Total: 4.0

Lot Information

  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition,Shingle

General Information

  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7947 Habersham Lane Market Data

Based on the last 30 days in this zip code

$735,719
Average List Price
$307
Average Price per Square Foot
43
Properties Sold
76
Average Days on Market
208
Properties for Sale
Calculations provided by Reliance Network


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