Turnkey 5-Unit Townhome
4223 Delano Place Dallas, TX 75204
4223 Delano Place, Dallas, TX, 75204
$2,495,000
For Sale
$2,495,000
MULTI_FAMILY - Dallas, TX
Lot Size0.16 Acres
Days on Market111
Property Features for 4223 Delano Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 14
- Rooms
- Bathroom 9, Bathroom 11, Bathroom 2, Bathroom 3, Bathroom 10, Bathroom 4, Bedroom 2, Bedroom 9, Bedroom 1, Bathroom 7, Bedroom 6, Bathroom 12, Bathroom 6, Bedroom 3, Bathroom 5, Bathroom 1, Bedroom 8, Bathroom 8, Bedroom 5, Bathroom 14, Bedroom 7, Bedroom 4, Bathroom 13
- Parking
- 9
- Parking features
- Garage, Driveway
- Security features
- Security
- Interior features
- DecorativeDesignerLightingFixtures, DoubleVanity, EatInKitchen, GraniteCounters, KitchenIsland, OpenFloorplan, WalkInClosets
- Fencing
- Fenced
- Appliances
- Dishwasher, Disposal, GasRange, GasWaterHeater, Microwave, Refrigerator, TanklessWaterHeater, VentedExhaustFan
- Standard status
- Active
- APN
- 00000118882000000
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- HASKELL PLACE BLK A/657 LT 10
- Tax Annual Amount
- 46839
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 2021
- Floors in Building
- 3
- Number of units
- 5
- Flooring type
- Tile, Wood, Carpet
- Building materials
- FiberCement, WoodSiding
- Roof type
- Flat
Listing Agency
Compass RE Texas, LLC.
(214) 814-8100
Dallas, TX
Listed by
Alan Sahliyeh · License #0619808
(214) 814-8100
Added: Apr 2 Updated: Jun 11 at 4:21 pm Checked: Jul 21 at 1:06 am
MLS# 21217731
Listing URL
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Investment Insights
Based on property information with market context.
This turnkey, condo-platted 5-unit townhome community is fully leased and ready for new ownership. Constructed in 2021, the property includes four spacious 2-bedroom, 2.1-bath units and one 1-bedroom, 1.5-bath unit. Interiors feature open-concept floor plans with abundant natural light, granite countertops throughout, and well-appointed living spaces designed for modern renters. All bedrooms are privately located on the third floor, creating clear separation between living and sleeping areas. A major highlight is the private rooftop deck for every unit, each finished with turf and described as offering impressive skyline views—ideal for outdoor entertaining or relaxing.
Situated in highly sought-after East Dallas, the community is positioned within walking distance to popular dining, retail, and entertainment destinations. The offering is presented as a rare investment opportunity that combines in-place income with long-term upside.
For investors or buyers seeking a stabilized, immediately generating asset, the current lease-up provides starting cash flow without the need for unit turnover. The 1-bedroom unit is also noted as operating as a short-term rental, adding flexibility to revenue strategy while supporting the broader income profile of the property.
Situated in highly sought-after East Dallas, the community is positioned within walking distance to popular dining, retail, and entertainment destinations. The offering is presented as a rare investment opportunity that combines in-place income with long-term upside.
For investors or buyers seeking a stabilized, immediately generating asset, the current lease-up provides starting cash flow without the need for unit turnover. The 1-bedroom unit is also noted as operating as a short-term rental, adding flexibility to revenue strategy while supporting the broader income profile of the property.
Key Highlights
- 5‑unit platted townhome community built in 2021, fully leased
- Unit mix: four 2‑bedroom/2.1‑bath units and one 1‑bedroom/1.5‑bath unit
- Open floor plan in each unit with granite countertops, kitchen island, and walk‑in closets
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Built in 2021 with private rooftop decks, this fully leased 5-unit condo community delivers stable, immediate rental income.
Where is this apartment building located?
The property is located at 4223 Delano Place Dallas, TX.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 5‑unit platted townhome community built in 2021, fully leased; Unit mix: four 2‑bedroom/2.1‑bath units and one 1‑bedroom/1.5‑bath unit; Open floor plan in each unit with granite countertops, kitchen island, and walk‑in closets