7152 Fair Oaks Avenue #1181, Dallas, TX 75231
Local realty services provided by:Better Homes and Gardens Real Estate The Bell Group



Listed by:ronald adam214-641-9635
Office:exp realty llc.
MLS#:20990534
Source:GDAR
Price summary
- Price:$99,500
- Price per sq. ft.:$193.58
- Monthly HOA dues:$125
About this home
*TURN-KEY INVESTMENT** Opportunity to acquire 1-3 highly performing, newly updated properties in the growing Midtown Improvement District of Dallas. With current, performing leases in place and capital improvements already completed, this property is an ideal addition to an existing rental portfolio or for someone seeking to establish one. Unit is operating at an 8.5% CAP Rate with low HOA dues and tenants responsible for their own utilities. Properties are located in an ideal location providing access to multiple highways, Dart Rail, shopping, restaurants and major healthcare facilities.
The value add opportunity for this unit would be in the substantial investment from the City of Dallas through MID, with numerous planned improvements for the upcoming year that have already been approved and made public. Investments have already been made in two new schools (4 total), Vickery Park branch of the Dallas Public Library, parks, and the SOPAC trail which connects residents to Flag Pole Hill, White Rock Lake and Katy Trail. This benefit has already been realized in property values and rent rates over the last couple of years and with planned updates to the complex, as well, it should only continue to improve. Additional information can be found on the Midtown Improvement Districts website. This property can be purchased independently or as part of a three-unit package, with MLS# 20990566 and one additional unit that will is off market, but is available as part of a package deal.
Contact an agent
Home facts
- Year built:1975
- Listing Id #:20990534
- Added:3 day(s) ago
- Updated:August 15, 2025 at 08:45 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:514 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric, Fireplaces
Structure and exterior
- Year built:1975
- Building area:514 sq. ft.
Schools
- High school:Conrad
- Middle school:Sam Tasby
- Elementary school:Jack Lowe Sr
Finances and disclosures
- Price:$99,500
- Price per sq. ft.:$193.58
- Tax amount:$1,612
New listings near 7152 Fair Oaks Avenue #1181
- New$180,000Active2 beds 2 baths1,029 sq. ft.
12888 Montfort Drive #210, Dallas, TX 75230
MLS# 21034757Listed by: COREY SIMPSON & ASSOCIATES - New$239,999Active1 beds 1 baths757 sq. ft.
1200 Main Street #503, Dallas, TX 75202
MLS# 21033163Listed by: REDFIN CORPORATION - New$150,000Active2 beds 2 baths1,006 sq. ft.
12484 Abrams Road #1724, Dallas, TX 75243
MLS# 21033426Listed by: MONUMENT REALTY - New$235,000Active3 beds 2 baths791 sq. ft.
8403 Tackett Street, Dallas, TX 75217
MLS# 21034974Listed by: EPIQUE REALTY LLC - New$309,000Active3 beds 2 baths1,287 sq. ft.
4706 Spring Avenue, Dallas, TX 75210
MLS# 21035377Listed by: MTX REALTY, LLC - New$268,999Active3 beds 2 baths1,260 sq. ft.
521 E Kirnwood Drive, Dallas, TX 75114
MLS# 21035453Listed by: TURNER MANGUM LLC - Open Tue, 3 to 5pmNew$10,900,000Active5 beds 9 baths12,421 sq. ft.
5335 Meaders Lane, Dallas, TX 75229
MLS# 20975612Listed by: DAVE PERRY MILLER REAL ESTATE - New$265,000Active2 beds 1 baths786 sq. ft.
1703 Brandon Street, Dallas, TX 75208
MLS# 21021678Listed by: ONLY 1 REALTY GROUP DALLAS - New$285,000Active3 beds 2 baths1,184 sq. ft.
1239 Cedar Haven Avenue, Dallas, TX 75216
MLS# 21031483Listed by: NEW CENTURY REALTY, INC. - New$150,000Active2 beds 1 baths736 sq. ft.
2419 Harding Street, Dallas, TX 75215
MLS# 21034197Listed by: NB ELITE REALTY