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5025 Homer , Dallas TX 75206

  • $675,000
  • 20536669
  • Property ID
  • Multi-Family
  • Property Type
  • 4
  • Bedrooms
  • 1638
  • sqft

Overview

Property ID: 20536669
  • 20536669
  • Property ID
  • Multi-Family
  • Property Type
  • 4
  • Bedrooms
  • 1638
  • sqft

Description

MLS ID: 20536669

This is your chance to own a full duplex in Dallas. Located in between Knox and Fitzhugh. Prime location.. Walk to restaurants, gyms, coffee shops, bars, shopping, etc. You can?t beat the walkability of this area! Sellers job is relocating her to California.?The seller lived in one side and has the other side on airbnb. 5027 Homer annual income was $35,475 in 2023. The current monthly mortgage for the entire duplex is $4,485.22. Annual mortgage is $53,822. If both sides were on airbnb, that would gross nearly $71,000. Great cash flow. The furniture is negotiable. Seller has a 3.875% interest rate on an assumable FHA Loan, a remaining balance of $569,500, and about 28 years left on the loan. Great opportunity for someone wanting to house hack by living in one side and renting out the other, rent out both sides, or tear it down and build a $2 million single family home. Endless possibilities.

 

Listing by: Dave Perry Miller Real Estate, Kristin Smith

 

Address

  • Address 5025 Homer
  • City Dallas
  • State/county TX
  • Zip/Postal Code 75206
  • Country US

Details

Updated on February 23, 2024 at 10:15 pm
  • Property ID: 20536669
  • Price: $675,000
  • Property Size: 1638 sqft
  • Bedrooms: 4
  • Property Type: Multi-Family
  • Property Status: Active

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