7126 Holly Hill Drive, Dallas, TX 75231
See all 15 photos
7126 Holly Hill Drive, Dallas, TX 75231
7126 Holly Hill Drive, Dallas, TX 75231
7126 Holly Hill Drive, Dallas, TX 75231
7126 Holly Hill Drive, Dallas, TX 75231
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 475,000
Est. payment /mo
New

7126 Holly Hill Drive Dallas, TX 75231

9 Beds

9 Baths

0.92 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Parktown Collection Condos

MLS Listing ID 21383596

Bedrooms 9

Full Baths 9

HOA Fees $118/mo

HOA Y/N Mandatory

Total Fin. Sqft 647

Year Built 1983

Annual Tax Amount $2,316

Lot Size 0.918 Acres

Acres 0.918

Property Sub-Type Multiple Single Units

Property Description

Nine doors, fully leased, and dues that stay out of the way. Park Town is nine individually deeded condominiums offered as a single portfolio, one hundred percent occupied, producing $83,700 in gross scheduled income and net operating income of approximately $29,759 — a 6.2% return at list price, based on 2026 scheduled rents and 2026 assessed values. The dues are the reason. At $105 to $129 per unit per month, Park Town's assessments are a fraction of what condominium ownership usually costs. At list the portfolio prices near $83 per square foot — 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.
Nine separate deeds mean nine separate exits: hold the portfolio for income, finance in tranches, or release units to the retail market one at a time as leases roll. Two miles to NorthPark Center, three to SMU, and walking distance to the White Rock Creek Greenbelt and its miles of trails, with Central Expressway minutes away.

Fourteen additional units at Copperrun, same street, available separately at $875,000 MLS #21376620— or take all 23 units for $1,300,000, a $50,000 savings, on simultaneous close. Rent roll, 2025 expense detail, association budget and closed comparables upon executed confidentiality agreement. Buyer to verify all income and expense figures, dues, rental policies, association unit count and assessments. Do not disturb tenants; showings by appointment through listing agent.

Location

State TX

County Dallas

Direction gps

Interior

Interior Features Pantry

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Laminate

Appliance Electric Range

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Aluminum Siding,Brick

Schools

Elementary Schools Jack Lowe Sr

Middle Schools Tasby

High Schools Conrad

School District Dallas Isd

Others

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

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


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Deborah Byrd • League Real Estate

NEARBY SCHOOLS & PROPERTIES

Rodney Yoakum

Rodney Yoakum

Broker License ID: 995707621

+1(318) 918-8813

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

7126 Holly Hill Drive