4716 Sycamore, Dallas, TX 75204
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by:matteo faeth469-554-0430
Office:dallas property advisors, llc.
MLS#:20963553
Source:GDAR
Price summary
- Price:$2,795,000
- Price per sq. ft.:$189.49
About this home
Dallas Property Advisors, LLC is pleased to announce the exclusive listing of The Sycamore Tree Condominiums. Nestled in the residential neighborhood of Peak’s Suburban subdivision in Old East Dallas, 4716 Sycamore is a 21-unit multifamily complex. Each unit is separately deeded giving flexibility to the buyer in their exit strategy. Units are very spacious, averaging over 700 square feet and offer a variety of 1 and 2-bedroom floor plans. The building has central heating cooling, separate electric meters, ample parking, a spacious courtyard, and much more. Tenants love this subdivision because it is in a quiet neighborhood and close to Downtown, Knox Henderson, Lower Greenville, and Uptown.
The value lies in renovating the remaining units and getting all units to market. Additionally, there is currently no RUBS program which should be implemented to off set costs of the utilities. Lastly, there are two empty maintenance storage rooms on the 3rd floor that could be converted into
locker storage for additional income.
There is also an attractive Freddie Mac non-recourse loan that a buyer can potentially assume at an interest rate of 4.54, 30-year amortization, and a maturity date of January 2039. Or the property can be purchased free and clear of debt.
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Home facts
- Year built:1972
- Listing ID #:20963553
- Added:115 day(s) ago
- Updated:October 03, 2025 at 11:43 AM
Rooms and interior
- Living area:14,750 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1972
- Building area:14,750 sq. ft.
- Lot area:0.48 Acres
Schools
- High school:North Dallas
- Middle school:Spence
- Elementary school:Chavez
Finances and disclosures
- Price:$2,795,000
- Price per sq. ft.:$189.49
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