3148 Royal Lane, Dallas TX, 75229
(Active)
$850,000
|
6 beds, 4 Full baths, 3,170 sqft
|
MLS# 20588446
Last Updated: 5/15/2024 3:00 AM
Description for
3148 Royal Lane
Dallas, TX 75229
Calling all income property investors! Great investment opportunity for the right investor located in the heart of Dallas. This full duplex is also ideal for a buyer who also wants to live in one unit and rent out the other unit. With over 40k in upgrades, this duplex is sure to impress anyone looking to live in either unit. Any discerning eye will be able to see the significant upgrades throughout both units to help attract premium rents and a highly desirable tenant living experience. Convenience is key. This property is located just minutes away from the Dallas Tollway, major retail, and dining. One unit is rented on a long-term basis with rent at $2500+ monthly and the other unit is furnished and rented on a shorter-term basis with a rent of $3300 monthly. Additionally, the furniture may also be purchased separately in the furnished unit. All offers will be considered. Please submit your offer in a timely manner for full consideration. Contact agent to schedule an appointment.
Price
$850,000
Walnut Hills Add 03 Instl
Dallas
6
4 Full
3,170 (approx)
20588446
Active
Description
Calling all income property investors! Great investment opportunity for the right investor located in the heart of Dallas. This full duplex is also ideal for a buyer who also wants to live in one unit and rent out the other unit. With over 40k in upgrades, this duplex is sure to impress anyone looking to live in either unit. Any discerning eye will be able to see the significant upgrades throughout both units to help attract premium rents and a highly desirable tenant living experience. Convenience is key. This property is located just minutes away from the Dallas Tollway, major retail, and dining. One unit is rented on a long-term basis with rent at $2500+ monthly and the other unit is furnished and rented on a shorter-term basis with a rent of $3300 monthly. Additionally, the furniture may also be purchased separately in the furnished unit. All offers will be considered. Please submit your offer in a timely manner for full consideration. Contact agent to schedule an appointment.
Listing Information
| Property Type: Duplex, Multi-Family, 1 Story | ||
| 6 | 4 Full | |
| 0.24 Acres | 3,170 (approx) | 1977 |
| Yes | 1 | Brick,Frame |
Walnut Hills Add 03 Instl
Slab
Neighborhood
School Information
| District: Dallas ISD | ||
| Caillet | Marsh | White |
Room Information
| Bathrooms | |||
| 4 | |||
Fireplace
Interior Features
Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
Laminate
Central Air
Other,
Central
2,
Living Room
Security Lights, Smoke Detector(s)
Walk-In Closet(s)
Exterior / Lot Features
4 Parking Spaces,
Garage, Attached
Brick, Frame
Covered
Shingle
Community Features
Security Lights, Smoke Detector(s)
Driving Directions
From Downtown Dallas:
Take the ramp on the right for I-35E North
10.6 mi
At Exit 439, head on the ramp right and follow signs for Royal Ln
0.2 mi
Turn right onto Royal Ln toward Royal Ln
1.4 mi
Arrive at Royal Ln
3148 Royal Ln, Dallas, TX 75229
Financial Considerations
| 00000599119000000 |
| $14,586 |
Cash, Conventional
Listing Price History
Dallas Real Estate
Dallas is located in Texas. Dallas, Texas 75229 has a population of 1,323,436.
The median household income in Dallas, Texas 75229 is $104,538. The median household income for the surrounding county is $65,185 compared to the national median of $66,222. The median age of people living in Dallas 75229 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 5/7/2024 | Active | $850,000 USD -2.86% |
|
| 4/17/2024 | Active | $875,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $14,586 USD | -8.59% | $635,600 USD | - |
| 2022 | $15,956 USD | 147.18% | $635,600 USD | 84.19% |
| 2021 | $6,455 USD | 7.51% | $345,070 USD | 28.72% |
| 2020 | $6,004 USD | -18.06% | $268,070 USD | - |
| 2019 | $7,327 USD | 3.02% | $268,070 USD | - |