1 Bed
1 Bath
668 SqFt
1 Bed
1 Bath
668 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 668 sqft
Price per Sqft $133
Subdivision The Meadows Condominiums
MLS Listing ID 21367273
Style Contemporary/Modern
Bedrooms 1
Full Baths 1
HOA Fees $314/mo
HOA Y/N Yes
Year Built 1982
Annual Tax Amount $2,786
Lot Size 6.220 Acres
Acres 6.22
Property Sub-Type Condominium
Property Description
Cash buyers & hard-money investors, this is the kind of opportunity that deserves a 2nd look. This condo is priced to move & offers multiple ways to create value through a targeted remodel. With an estimated ARV of approximately $125k; a remodel quote of only $15–$17k, the upside is compelling! Offered at more than $50,000 below appraised value, now you can create attractive opportunity to renovate, reposition, & build equity.
Investor exit strategies may include a resale, traditional lease, furnished monthly rental, or—subject to HOA rules, city regulations, and applicable platform requirements—a short-term or extended-stay rental strategy. Nearby 1-bedroom, 1-bath condos in the same neighborhood have reportedly performed at more than $104 per night on a consistent basis, providing a benchmark worth analyzing for investors considering furnished or hospitality-style use. A monthly furnished model may also appeal to traveling professionals, corporate tenants, relocating residents, & others seeking flexible housing without a traditional year-long lease.
The value-add possibilities are wide open: update the interior, improve functionality and presentation, and choose the exit strategy that best fits your investment plan. Once renovated—and potentially as interest rates decline—this condo could be positioned for stronger resale demand & future appreciation.
The HOA budget is minimal and includes water, sewer, trash, common-area maintenance, and access to a gorgeous private community pool—a valuable amenity for residents & a strong feature for rental marketing.
This is not a turnkey retail purchase; it's an opportunity for an investor who recognizes below-market value & knows how to unlock it. Bring your contractor, verify the numbers, & move decisively. Priced to sell fast. Cash or hard-money buyers preferred. Schedule your showing & evaluate this flexible value-add opportunity before it is gone!
Location
State TX
County Dallas
Community Fenced Yard, Gated, Pool, Community Mailbox
Direction There are multiple entrances into the neighborhood -- MAIN ENTRANCE IS OFF WILLIAM DEHAUSE -- Use this gate to get into the community
Interior
Interior Features Built-in Features
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Window Features Window Coverings
Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
Laundry Washer Hookup, Dryer Hookup, Laundry in Utility Room
Exterior
Parking Features Assigned
Carport Spaces 1
Pool In Ground, Pool, Community
Community Features Fenced Yard, Gated, Pool, Community Mailbox
Utilities Available Cable Available, Electricity Available, Electricity Connected, Sewer Available, See Remarks, Underground Utilities, Water Available
Amenities Available Maintenance Front Yard
Water Access Desc Community/Coop,Public
Accessibility Accessible Entrance
Porch Awning(s), Covered, Deck
Garage No
Private Pool No
Building
Sewer Public Sewer
Water Community/Coop, Public
Level or Stories One
Schools
Elementary Schools Haleyt
Middle Schools Houston
High Schools Macarthur
School District Irving Isd
Others
HOA Name SRRB
HOA Fee Include All Facilities,Association Management,Maintenance Grounds,Sewer,Trash,Water
Tax ID 32310650000H00137
Acceptable Financing Cash, See Agent
Listing Terms Cash, See Agent
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21367273
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