4524 Collins Avenue

Dallas, TX 75210

$975,000
Price
20
Beds
10
Baths
6,372 Sq. Ft.
$153 / Sq. Ft.
6,372
Sq. Ft.
$153
per Sq. Ft.

Description

This exceptional 10-unit apartment complex, located at 4524 Collins Ave in the heart of Dallas, TX, presents a lucrative and stable investment opportunity for discerning buyers. Situated in a desirable rental market with consistent demand, this property offers the potential for immediate cash flow and long-term value appreciation.This exceptional 10-unit apartment complex, located at 4524 Collins Ave in the heart of Dallas, TX, presents a lucrative and stable investment opportunity for discerning buyers. Situated in a desirable rental market with consistent demand, this property offers the potential for immediate cash flow and long-term value appreciation.
  1. Listed by Anthony Coleman • TREC #0646416 • NB Elite Realty • 214-226-5871

Property Details for 4524 Collins Avenue

Subdivision Name
Joe Holloway
Pool
No
Number Of Parking Spaces
10
LISTING UPDATED: 10/09/2024 02:10 AM

Property Details for 4524 Collins Avenue

StatusActive
MLS #20740932
Days on Market82
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built1962
Lot Size0.42 AC / 18,382 SF
CountyDallas County

Building Information for 4524 Collins Avenue

Stories2Residences10Year Built1962Building Size-Lot Size0.42 AC / 18,382 SF

Property Information for 4524 Collins Avenue

Summary
Location and General Information
  • Block: 2/240
  • Complex Name: Collins Ave Apts
  • Directions: Please use your navigation device.
  • Elementary School: Dunbar
  • Elementary School Name: Dunbar
  • High School: Madison
  • High School Name: Madison
  • Middle School: Dade
  • Year Built Details: Preowned
  • School District: Dallas ISD
  • Geocode Confidence: High
  • Latitude: 32.78
  • Longitude: -96.74
  • State: Texas
Parking
  • Parking Features: Driveway
Taxes and HOA Information
  • Tax Legal Description: JOE HOLLOWAY BLK 2/2405 NE 62.5FT LT 4 62.5X2
  • Association Type: None
  • Tax Lot: 4
Virtual Tour
  • Virtual Tour URL Branded: media.showingtimeplus.com/sites/rxokmvw/unbranded
  • Virtual Tour URL Unbranded: www.zillow.com/view-imx/c0cc4771-d5c4-4daa-aca0-3abc3b320568?initialViewType=pano&wl=true&setAttribution=mls
Interior and Exterior Features
Interior Features
  • Flooring: Wood
  • Heating: Electric
  • Interior Features: Decorative Lighting, Eat-in Kitchen
  • Appliances: Gas Range
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Living Area: 6372.0
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick
  • Fencing: Chain Link
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 10
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.422
  • Lot Size Area: 0.422
  • Lot Size Units: Acres
  • Lot Size Square Feet: 18382.32
  • Multi Parcel ID: Yes
  • Parcel Number: 00000215416000000
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 10.15%
  • Gross Annual Expenses: $45,000
  • Gross Annual Income: $144,000
  • Insurance Expense: $8,500
  • Tenancy: Written Application Only
  • Net Operation Income: $99,000.00
Unit 1
  • Approximate SQFT: 640.0
  • Average Lease Amount: $1,200.00
  • Kitchen Length: 11.0
  • Kitchen Width: 8.0
  • Living Area Length: 11.0
  • Living Area Width: 11.0
  • Master Bed Length: 10.0
  • Master Bed Width: 11.0
  • Number Of Baths Full: 6
  • Number Of Baths Half: 5
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 10

Property History for 4524 Collins Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4524 Collins Avenue

Taxable ValueLand$91,880Additions$603,120Total$695,000
Tax Record2024$15,949 ($1,329 / month)
Home Facts
Total Finished SqFt6,400 SqFtAbove Grade Finished SqFt6,400 SqFtStories2Lot Size18,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningZ239CountyDALLASAPN00000215416000000

Schools near 4524 Collins Avenue

This home is within Dallas Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Paul L Dunbar Learning Center
PublicPK to 5

Billy Earl Dade Middle School
Public6 to 8

James Madison High School
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.

Similar Homes

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Similar Sold Homes

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4524 Collins Avenue is a multi-family home for sale in Dallas, TX 75210. This property was listed for sale on September 28, 2024 by NB Elite Realty, it's currently listed at $975,000. It has been on the market for a total of 82 days and was last sold on March 18, 2008. This listing's school district is Dallas Independent School District. Nearby schools include Paul L Dunbar Learning Center, Billy Earl Dade Middle School and James Madison High School. 4524 Collins Avenue is a 20-bed, 10-bath, 6,372 sqft multi-family home built in 1962.

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.

Listing Courtesy of NB Elite Realty, Anthony Coleman

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