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    11460 Audelia Rd Dallas, TX 75243

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    For Sale
    $850,000

    Five condo units in Dallas, generating immediate rental income.

    Lot size:
    9.99 Acres

    Property Features for 11460 Audelia Rd

    General Information

    Lot size
    9.99 Acres

    Building Details

    Year built
    1983

    Source: Monument Realty Agent Hamed Belgameh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dallas Investment Condo Package

    This is an exceptional opportunity to acquire a package of five fully tenant-occupied condominium units. The portfolio includes two two-bedroom units and three three-bedroom units. Each unit has been recently updated with new flooring and interior paint. All units are located on the first floor and are currently leased, generating immediate rental income. The property is located in a well-maintained community that features a swimming pool and a tennis court. The location provides excellent connectivity to employment hubs, retail, and dining, with direct access to I-635 and US-75, and is just minutes from Downtown Dallas. This is an ideal opportunity for investors seeking stable cash flow with minimal upfront capital improvements required.
    Location Intelligence

    Current Use by Public Records

    dallaslimoforyou Limousine Service Cambridge Park Condominiums Condominium Complex

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.717303
    Latitude
    32.903102

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    FAQs

    What type of property is this?
    Apartment building - Five condo units in Dallas, generating immediate rental income.
    Where is this apartment building located?
    The property is located at 11460 Audelia Rd Dallas, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Turnkey Investment: 5 tenant-occupied condo units sold as a package, generating immediate rental income.; - Prime Dallas Location: Strategically positioned with direct access to I-635 and US-75, minutes from Downtown Dallas.; - Recently Updated Units: All units feature new flooring and interior paint.
    Request Owner's contact information
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    Dallas, TX 75243
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11460 Audelia Rd Dallas, TX 75243
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