$1,985,000

$1,985,000 4020 Rawlins Dallas, TX

MLS: 14039317   Type: Multi-Family   County: Dallas   City: Dallas   Area: Oaklawn   Neighborhood: Bowser & Lemmons Oak Lawn   Zip: 75219   Style: MUL-Apartment/5Plex+     Stories: 2

Mortgage $9,319 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

0

0

0

9,800

0.35

1963

Located on one of the most coveted streets in Oak Lawn – 4020 Rawlins – represents one of the last true remaining value add properties left. Sitting on 15,000 feet of land the property features 12 large and spacious units averaging over 800 square feet. The building has a majority of 2 bedroom 2 bath units with the remaining units being 1 bedrooms. The property has been converted into condominiums whereby you can sell each unit individually or keep them as a package for a long term hold. Recent condo sales have confirmed prices of over 275K a door in the area. Increase the rents 2X by implementing a renovation program to upgrade units.

Elementary School

Middle School

High School

Esperanza Medrano
Distance: 0.98 Miles
Rusk
Distance: 1.74 Miles
North Dallas
Distance: N/A Miles

Price History

3/8/2019 Listed $1,985,000

# of Buildings 1
Complex Name N/A
HOA Type None
Handicap Access No
Listing Area DALLAS OAK LAWN (17)
Other Equipment Dishwasher, Disposal
Property Type Multi-Family
School District Dallas ISD
School Name North Dallas
School Name Esperanza Medrano
Stories 2
Sub Area OAKLAWN (7)
Subdivision Bowser & Lemmons Oak Lawn
Type MUL-Apartment/5Plex+
Year Built 1963
Year Built Details Preowned

Interior Features

# of Units 12
Flooring Carpet
Heating Central Air-Elec, Central Heat-Gas
Interior Features Other
Occupancy Rate 100
Sqft Building 9800
Unit Count 0
Utilities City Sewer, City Water

Exterior Features

Construction Materials Brick
Foundation Pier & Beam
Lot Description Interior Lot
Lot Size Area Less Than .5 Acre (not Zero)
Lot Size Area 0.350
Lot Size Area (acres) 0.350
Lot Size Area (sq Ft) 15246
Lot Size Units Acres
Number Of Parking Spaces 18
Parking Features Front, Rear
Pool (Y/N) 0

Property Schools



Direct Link:

https://rudymartinez.exprealty.com/property/37-14039317-4020-Rawlins-Dallas-TX-75219

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Property vs Zip Code Avg (75219)

Price 1.98M Avg 1.66M

Sqr Feet 9,800 Avg 6,949

Cost / Sqr Ft $203 Avg $240

Acres 0.35 Avg 0.29

Visits 340 Avg 148

Days on Site 99 Avg 81

Walkscore® 92 Avg 80

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Perry Guest with Perry Guest Company




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Location & Address

Rudy Martinez
15950 Dallas Pkwy Suite 400
Dallas, TX
817-823-7037