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1601 Baxley Street, Carrollton, TX

$2,400,000 - $2.4M Price - 2.83 Acres

This 12 home portfolio presents a unique opportunity to purchase a strong cash flow in a great market, near downtown Carrollton. The portfolio has tremendous walkability, just 0.7 miles to a Dart station, and even less to Downtown Carrollton. DFW has seen tremendous rent growth in the past 5 years and this portfolio falls into that trend. The Baxley Portfolio has been in high demand despite the Owner increasing rents. However, the rents are still below market levels and new Ownership could come in with a value-add strategy on a professional management play; the current Owner self-manages. The site is also located in a Neighborhood Empowerment Zone with strong development incentives.

Essential Information

For 1601 Baxley Street, Carrollton, TX
  • MLS® # 14084330
  • Price $2,400,000
  • Bathrooms 0.00
  • Acres 2.83
  • Year Built 1952
  • Type Multi-Family
  • Sub-Type Multiple Single Units
  • Status Active

Community Information

For 1601 Baxley Street, Carrollton, TX
  • Address 1601 Baxley Street
  • Subdivision Baxley SFR
  • City Carrollton
  • County Dallas
  • State TX
  • Zip Code 75006-6044

Area

For 1601 Baxley Street, Carrollton, TX

CARROLLTON/FARMERS BRANCH AREA (22)

Amenities

For 1601 Baxley Street, Carrollton, TX
  • Utilities City Sewer, City Water
  • Parking Spaces 24

Garages

For 1601 Baxley Street, Carrollton, TX

Attached, Detached, Front, Garage, Individual Carport

Interior

For 1601 Baxley Street, Carrollton, TX
  • Interior Features Other
  • Appliances Other
  • # of Stories 1
  • Stories 1

Heating

For 1601 Baxley Street, Carrollton, TX

Central Air-Elec, Central Heat-Elec, Other, Window Unit

Exterior

For 1601 Baxley Street, Carrollton, TX
  • Roof Composition
  • Construction Frame/Brick Trim, Siding, Wood
  • Foundation Pier & Beam

School Information

For 1601 Baxley Street, Carrollton, TX
  • District Carrollton-Farmers Branch ISD
  • Elementary Carrollton
  • Middle Perry
  • High Turner

Listing Details

For 1601 Baxley Street, Carrollton, TX
  • Agent Logan Waller
  • Office Waller Group LLC

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Listing information last updated on October 14th, 2019 at 11:00pm CDT.