1. Texas
  2. Dallas
  3. 1234 Templecliff
$2,900,000/mo

1234 Templecliff, Dallas, TX 75217

  • 30 beds |
  • 25 baths |
  • 17,340 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon1.2acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $167/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Onyx Legacy Group is pleased to present Templecliff Apartments, a well-positioned multifamily asset in the heart of Dallas, Texas. This exceptional property offers an outstanding value-add opportunity for investors looking to acquire a stabilized asset with strong cash flow and significant upside potential. Built in 1961, Templecliff Apartments features 26 well-maintained units, providing a compelling combination of historical occupancy strength and room for revenue growth through strategic renovations and operational efficiencies. Nestled in a thriving submarket, Templecliff Apartments benefits from proximity to major employment centers, retail destinations, and sought-after entertainment venues, making it an attractive choice for tenants seeking affordability and convenience. With the continued growth of the Dallas-Fort Worth metro area, this property presents a unique chance to capitalize on rising rental demand while implementing thoughtful enhancements to boost long-term investment returns. The Dallas-Fort Worth metroplex continues to experience robust population growth, driving increased demand for quality rental housing. Recent economic developments, including major corporate relocations and infrastructure investments, have strengthened the local job market, attracting a diverse and expanding workforce. Large employers in the area include AT&T, Southwest Airlines, Bank of America, and the University of Texas Southwestern Medical Center, all contributing to a thriving business environment. Templecliff Apartments' location provides investors with a prime opportunity to benefit from this sustained expansion and the region’s strong rental market fundamentals. Additionally, the area's revitalization efforts and the planned mixed-use developments nearby are expected to further enhance property values and rental demand in the coming years.

Listing Status:
Active
Listing Office:
Onyx Legacy Realty LLC : 469-806-0639
Listing Agent:
Mark Allen :
MLS ID:
20868372
  • General: Other
  • Flooring: Vinyl
  • A/C: Window Unit(s)
  • Heating: Central
  • Disability Feature: Accessible Entrance

This listing courtesy of Mark Allen, Onyx Legacy Realty LLC

Location

Schools Nearby

J

John Ireland Elementary School

1515 N Jim Miller Rd, Dallas, TX, 75217

Grades PK-5

0.43 miles away

E

E.B. Comstock Middle School

7044 Hodde St, Dallas, TX, 75217

Grades 6-8

0.84 miles away

W

W. W. Samuell High School

8928 Palisade Dr, Dallas, TX, 75217

Grades 9-12

2.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.