7126 Holly Hill Drive, Dallas, TX 75231
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: deborah byrd
Office: league real estate
MLS#:21383596
Source:GDAR
Price summary
- Price:$475,000
- Price per sq. ft.:$734.16
- Monthly HOA dues:$118
About this home
Nine doors, fully leased, and dues that stay out of the way. Park Town is nine individually deeded condominiums offered as a single portfolio, one hundred percent occupied, producing $83,700 in gross scheduled income and net operating income of approximately $29,759 — a 6.2% return at list price, based on 2026 scheduled rents and 2026 assessed values. The dues are the reason. At $105 to $129 per unit per month, Park Town's assessments are a fraction of what condominium ownership usually costs. At list the portfolio prices near $83 per square foot — below every individual unit sale recorded in this community over the past eighteen months, which closed between $85.01 and $115.92 per foot. That is $52,778 a door against individual sales of $55,000, $57,000, $65,000 and $75,000.
Nine separate deeds mean nine separate exits: hold the portfolio for income, finance in tranches, or release units to the retail market one at a time as leases roll. Two miles to NorthPark Center, three to SMU, and walking distance to the White Rock Creek Greenbelt and its miles of trails, with Central Expressway minutes away.
Fourteen additional units at Copperrun, same street, available separately at $875,000 MLS #21376620— or take all 23 units for $1,300,000, a $50,000 savings, on simultaneous close. Rent roll, 2025 expense detail, association budget and closed comparables upon executed confidentiality agreement. Buyer to verify all income and expense figures, dues, rental policies, association unit count and assessments. Do not disturb tenants; showings by appointment through listing agent....
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Home facts
- Year built:1983
- Subdivision & Development:Parktown Collection Condos
- Listing ID #:21383596
- Added:2 day(s) ago
- Updated:September 14, 2026 at 11:56 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:9
- Full bathrooms:9
- Flooring:Carpet, Laminate
- Kitchen Description:Electric Range
- Living area:647 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1983
- Building area:647 sq. ft.
- Lot area:0.92 Acres
- Construction Materials:Aluminum Siding, Brick
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Conrad
- Middle school:Tasby
- Elementary school:Jack Lowe Sr
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$734.16
- Tax amount:$2,316
Features and amenities
- Appliances:Electric Range
Parking
- Total parking spaces:9
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