4512 Sycamore Street

Dallas, TX 75204

$1,325,000
Price
8
Beds
8
Baths
5,812 Sq. Ft.
$228 / Sq. Ft.
5,812
Sq. Ft.
$228
per Sq. Ft.

Description

Calling all investors - local or national! A great candidate for a 1031 exchange to avoid the tax man! Owner also has assumable VA loan, 4.125% rate! This income producing quadplex, 100% occupied property is an attractive property for potential tenants! The property has seen an increase in rent over 10% in the last calendar year, with great future potential as more people move to the metroplex. Each unit has updated bathrooms and kitchens with private entrances - an ideal setup for rentability in...Calling all investors - local or national! A great candidate for a 1031 exchange to avoid the tax man! Owner also has assumable VA loan, 4.125% rate! This income producing quadplex, 100% occupied property is an attractive property for potential tenants! The property has seen an increase in rent over 10% in the last calendar year, with great future potential as more people move to the metroplex. Each unit has updated bathrooms and kitchens with private entrances - an ideal setup for rentability in the area. These units are turnkey ready, as they are all beautifully appointed. Owner currently lives in one of the units - but others have long term leases in place for guaranteed cash flow. Parking included behind the building, with a gated entrance for a security and seclusion for your potential tenants. All information to be verified by buyer and buyer agent. This property consists of two different structures, each containing two units. Please text agent to arrange showings.
  1. Listed by Bobby Schleizer • TREC #0794156 • Rogers Healy and Associates • 469-556-0743

Property Details for 4512 Sycamore Street

Subdivision Name
BLK 737 TR 3
Pool
No
Number Of Parking Spaces
8
LISTING UPDATED: 11/12/2024 11:29 AM

Property Details for 4512 Sycamore Street

StatusActive
MLS #20745234
Days on Market48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1923
Lot Size0.22 AC / 9,713 SF
CountyDallas County

Building Information for 4512 Sycamore Street

Stories2Residences4Year Built1923Building Size-Lot Size0.22 AC / 9,713 SF

Property Information for 4512 Sycamore Street

Summary
Location and General Information
  • Block: 737
  • Complex Name: None
  • Directions: Exit HWY 75 for Bryan St, turn right on Texas St, then left on Live Oak St, go straight until turning right on N Carroll Ave, then turn left on Sycamore. Quadplex is on the right.
  • Elementary School: Chavez
  • Elementary School Name: Chavez
  • High School: North Dallas
  • High School Name: North Dallas
  • Middle School: Spence
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Dallas ISD
  • Geocode Confidence: High
  • Latitude: 32.80
  • Longitude: -96.77
  • State: Texas
Parking
  • Parking Features: Concrete, Covered, Gated, On Site, On Street
  • Attached Garage: No
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: BLK 737 TR 3
  • Association Type: None
  • Special Taxing Entities: No
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces Total: 0
  • Flooring: Carpet, Laminate, Wood
  • Heating: Natural Gas
  • Interior Features: Decorative Lighting, Granite Counters, High Speed Internet Available
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air
  • Smart Home Features Appor Pass Y: No
  • Window Features: Bay Window(s), Window Coverings
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick
  • Fencing: Perimeter
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 2
  • Roof: Composition
  • Waterfront Features: Creek
  • Horse Permitted: No
  • Number Of Units Total: 4
  • Patio And Porch Features: Awning(s), Deck
  • Levels: Two
Property
Utilities
  • Utilities: City Water, Electricity Available, Individual Gas Meter, Individual Water Meter, Phone Available
Property and Assessments
  • Accessory Unit: No
  • Exclusions: Tenant belongings, W/D
  • Financing Proposed: 1031 Exchange, Cash, Contract, Conventional, FHA, Other
  • Handicap: No
  • Loan Balance: $957,000
  • Loan Interest Rate: 4.13%
  • Loan Payment: $5,350
  • Loan Payment Type: Principal, Int. & Ins.
  • Loan Type: Assumable Qualifying
  • Security Features: Gated Community, Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.223
  • Lot Size Area: 0.223
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9713.88
  • Multi Parcel ID: No
  • Parcel Number: 00000123106000000
  • Lake Pump: No
Multi Family
Multi-Family Information
  • Number Of Buildings: 2
  • Capitalization Rate: 5.55%
  • Gross Annual Expenses: $20,000
  • Gross Annual Income: $93,600
  • Insurance Expense: $8,000
  • Tenancy: 6 Months or Less, Month to Month, No Smoking, Over 9 Months, Pets Allowed
  • Net Operation Income: $73,600.00
Unit 1
  • Approximate SQFT: 1282.0
  • Average Lease Amount: $2,000.00
  • Dining Area Length: 11.0
  • Dining Area Width: 7.0
  • Kitchen Length: 10.0
  • Kitchen Width: 16.0
  • Living Area Length: 16.0
  • Living Area Width: 12.0
  • Master Bed Length: 16.0
  • Master Bed Width: 11.0
  • Number Of Baths Full: 2
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 4
Rent Information
Rent Information
  • Lender Name: Freedom Mortgage

Property History for 4512 Sycamore Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4512 Sycamore Street

Taxable ValueLand$191,660Additions$811,950Total$1,003,610
Home Facts
Baths8Total Finished SqFt5,128 SqFtAbove Grade Finished SqFt5,128 SqFtStories2Lot Size9,583 SqFtStyleMulti-Family Res (5+ Units)Year Built1923Year Renovated1990ZoningZ298CountyDALLASAPN00000123106000000Fireplace TypeHas Fireplace

Schools near 4512 Sycamore Street

This home is within Dallas Independent School District.
Rating
School
Type
Grades
Distance
Cesar Chavez Learning Center
Public - PK to 5
Alex W Spence Talented/Gifted Academy
Public - 6 to 8
North Dallas High School
Public - 9 to 12
Innovation Design Entrepreneurship Academy
Public - 9 to 12
Rating
School
Distance
Cesar Chavez Learning Center
PublicPK to 5

Alex W Spence Talented/Gifted Academy
Public6 to 8

North Dallas High School
Public9 to 12

Innovation Design Entrepreneurship Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4512 Sycamore Street, Dallas, TX 75204

4512 Sycamore Street is a multi-family home for sale in Dallas, TX 75204. This property was listed for sale on October 4, 2024 by Rogers Healy and Associates, it's currently listed at $1,325,000. It has been on the market for a total of 48 days and was last sold on April 25, 2022. This listing's school district is Dallas Independent School District. Nearby schools include Cesar Chavez Learning Center, Alex W Spence Talented/Gifted Academy and North Dallas High School. 4512 Sycamore Street is a 8-bed, 8-bath, 5,812 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Rogers Healy and Associates, Bobby Schleizer

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 11/12/2024 11:29 AM