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1601 Baxley Street, Carrollton
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.
- MLS® #14084330
- Year Built1952
- Sub-TypeMultiple Single Units
- UtilitiesCity Sewer, City Water
- Parking Spaces24
- GaragesAttached, Detached, Front, Garage, Individual Carport
- ConstructionFrame/Brick Trim, Siding, Wood
- FoundationPier & Beam
- Listing AgentLogan Waller
- Listing OfficeWaller Group LLC
- Address1601 Baxley Street
- AreaCARROLLTON/FARMERS BRANCH AREA (22)
- SubdivisionBaxley SFR
- Zip Code75006-6044
- Interior FeaturesOther
- HeatingCentral Air-Elec, Central Heat-Elec, Other, Window Unit
- # of Stories1
- DistrictCarrollton-Farmers Branch ISD
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Listing information last updated on August 22nd, 2019 at 6:00pm CDT.