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32.813732 -96.80925

4020 Rawlins Dallas, TX 75219

255793263 32.813732 -96.80925 169 /listing/255793263-150201198/4020-rawlins-dallas-tx-75219 False 0 1985000.0 9800 105 14226250 False
  • $1,985,000
  • 9,800 sqft
  • Less Than .5 Acre (not Zero) lot
  • Est payment $10655.91/mo

Property & Neighborhood Info

Courtesy Of Perry Guest Company

Multi-Family in Dallas

Located on one of the most coveted streets in Oak Lawn – 4020 Rawlins – represents one of the last true remaining value add properties left. Sitting on 15,000 feet of land the property features 12 large and spacious units averaging over 800 square feet. The building has a majority of 2 bedroom 2 bath units with the remaining units being 1 bedrooms. The property has been converted into condominiums whereby you can sell each unit individually or keep them as a package for a long term hold. Recent condo sales have confirmed prices of over 275K a door in the area. Increase the rents 2X by implementing a renovation program to upgrade units.

Courtesy Of Perry Guest Company
  1. 9,800 Sq. Ft.
  2. Less Than .5 Acre (not Zero) Lot

Main Features

  • Listing Status: Active
  • Year Built: 1963
  • Floors: 2
  • School District: Esperanza Medrano
  • School District2: Rusk
  • School District3: North Dallas
  • School District: Dallas ISD
  • County: Dallas County
  • Units: 12
  • Subdivision: Bowser & Lemmons Oak Lawn
  • MLS Number:14226250

Additional Features

  • Flooring:
    • CARPET
  • Interior Features:
    • OTHER
  • Appliances:
    • DISHWASHER
    • DISPOSAL
  • Construction:
    • BRICK
  • Construction Status:
    • Preowned
  • Property Subtype:
    • MUL-Apartment/5Plex+
  • Property Type:
    • Multi-Family
  • Roof:
    • Tar/Gravel
  • Foundation:
    • Pier & Beam
  • Lot Features:
    • Interior Lot
  • Lot Size/Acreage:
    • Less Than .5 Acre (not Zero)
  • Pool:
    • N
  • Parking:
    • Front
    • Rear
  • Parking Spaces:
    • 18
  • Heating:
    • CENTRAL AIR-ELEC
    • CENTRAL HEAT-GAS
  • Utilities:
    • City Sewer
    • City Water
  • Number of Buildings:
    • 1
  • Showing Instructions:
    • Agent Or Owner Present
  • Divisible:
    • No
  • Gross Income:
    • 210083
  • Net Operating Income:
    • 9000
  • Annual Expenses:
    • 101045
  • HOA:
    • None
  • Cap Rate:
    • 0.45
  • Complex Name:
    • N/A
  • MLS:
    • North Texas Real Estate Information Systems
  • Possession:
    • Closing/Funding
  • Tax ID:
    • NA
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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Sandy Luedke
Sandy Luedke
Broker
2200 Morriss Road, Suite 300 Flower Mound TX 75028
32.813732 -96.80925

4020 Rawlins Dallas, TX 75219

255793263 32.813732 -96.80925 169 /listing/255793263-150201198/4020-rawlins-dallas-tx-75219 False 0 1985000.0 9800 105 14226250 False
  • $1,985,000
  • 9,800 sqft
  • Less Than .5 Acre (not Zero) lot
  • Est payment $10655.91/mo