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For sale
  • $2,900,000

    1234 Templecliff Dr, Dallas, TX 75217

    30beds
    17,340sqft
    : 
    Multi Family, Apartment
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $167/sqft
    $-- HOA

    What's special

    Onyx Legacy Group is pleased to present Templecliff Apartments, a well-positioned multifamily asset in the heart of Dallas, Texas. This exceptional property offers an outstanding value-add opportunity for investors looking to acquire a stabilized asset with strong cash flow and significant upside potential. Built in 1961, Templecliff Apartments features 26 well-maintained units, providing a compelling combination of historical occupancy strength and room for revenue growth through strategic renovations and operational efficiencies. Nestled in a thriving submarket, Templecliff Apartments benefits from proximity to major employment centers, retail destinations, and sought-after entertainment venues, making it an attractive choice for tenants seeking affordability and convenience. With the continued growth of the Dallas-Fort Worth metro area, this property presents a unique chance to capitalize on rising rental demand while implementing thoughtful enhancements to boost long-term investment returns. The Dallas-Fort Worth metroplex continues to experience robust population growth, driving increased demand for quality rental housing. Recent economic developments, including major corporate relocations and infrastructure investments, have strengthened the local job market, attracting a diverse and expanding workforce. Large employers in the area include AT&T, Southwest Airlines, Bank of America, and the University of Texas Southwestern Medical Center, all contributing to a thriving business environment. Templecliff Apartments' location provides investors with a prime opportunity to benefit from this sustained expansion and the region’s strong rental market fundamentals. Additionally, the area's revitalization efforts and the planned mixed-use developments nearby are expected to further enhance property values and rental demand in the coming years.
    165 days
    on Zillow
    |
    574
    |
    53
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 09:25am

    Listed by:

    Mark Allen 0589645,

    Onyx Legacy Realty LLC 469-806-0639

    Source: NTREIS,MLS#: 20868372
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1234 Templecliff Dr.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 30
    • Bathrooms: 25
    • Full bathrooms: 25
    Heating
    • Central
    Cooling
    • Window Unit(s)
    Features
    • Other
    • Flooring: Vinyl
    Interior area
    • Total structure area: 17,340
    • Total interior livable area: 17,340 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 53
    • Parking features: Assigned, Asphalt, Electric Gate
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 1.2 Acres
    Details
    • Parcel number: 6244000004003006244000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Flat
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: Pleasant Wood
    HOA
    • Has HOA: No
    Location
    • Region: Dallas

    Financial & listing details

    • Price per square foot: $167/sqft
    • Date on market: 3/11/2025
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