1234 Templecliff, Dallas, Texas 75217

  • 1961
  • 30
  • 25

Apartment For Sale

$3,200,000
ActiveListing ID #20868372
Basic Details
Residential Income
Active
20868372
1961
$3,200,000
52,272 Sqft
17,340 Sqft
30
25
1.2
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.

Features
Brick
Flat
Central
Window Unit(s)
Sewer Available, Water Available
Other
No
Accessible Entrance
Additional Information
Dallas ISD
Ireland
Hood
Samuell
Preowned
26
Close Of Escrow
Mark Allen
Onyx Legacy Realty LLC
Address Map
1234
Templecliff
Pleasant Wood
Dallas
TX
75217
Dallas
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    Data last updated: 03/13/2025 5:50 AM

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    Apartment For Sale

    $3,200,000
    ActiveListing ID #20868372
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    LeCordes@HomesandLandinTexas.com 214-836-0752
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