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Gray Reality/Ignite Real Estate Group
4643 Country Creek Dr Unit 1092, Dallas, TX 75236
- $1,200,000
- 23
- BD
- 20
- BA
- List Price
- $1,200,000
- MLS#
- 21410698
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1974
- Construction Status
- Preowned
- Bedrooms
- 23
- Full Baths
- 20
- Acres
- 19.86
- County
- Dallas
- City
- Dallas
- Subdivision
- Country Condos Creek
- Building Name
- Country Creek
Property Description
Country Creek Condominium Portfolio – 10 Units $1,200,000 $120,000 per Door A rare opportunity to secure stabilized cash flow with powerful long-term upside. This 10-unit Dallas portfolio (7 2BR.2BA, 3 3BR.2BA) sits at 90% occupancy in a high-demand submarket, delivering immediate income from day one. Acquired well below individual retail value (comps up to $129K-2BR, $144K-3BR), investors step into substantial built-in equity instantly. With market rents reaching $1,800 per mo, cap rate has strong potential to climb into the high 7% to 8% range as rents are optimized — a clear mark-to-market runway for serious growth. A recently renovated unit offers a proven value-add blueprint to unlock top-of-market returns across the portfolio. Low-risk, near-stabilized, and positioned in a rising submarket with units trending toward $200K individually — this is a rare blend of income today and equity growth tomorrow. Hold for yield, sell units individually, or 1031 exchange — the exit strategy is yours. Don’t miss this turnkey wealth-building opportunity.
Additional Information
- Unexempt Taxes
- $3,351
- HOA Fees
- $443
- HOA Freq
- Monthly
- Lot Size
- 865,275
- Acres
- 19.86
- Interior Features
- Decorative Designer Lighting Fixtures, Eat-In Kitchen, Other
- Flooring
- Carpet, Tile, Laminate
- Foundation
- Slab
- Roof
- Composition
- Stories
- 2
- Pool Features
- None
- Parking Garage
- Assigned
- School District
- Dallas Isd
- Elementary School
- Tolbert
- Middle School
- Brown
- High School
- Kimball
- Possession
- Other, SubjectToTenantRights
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Listing courtesy of Haleigh Kurth from NextHome Property Advisors. Contact:
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
Last updated: