7431 Holly Hill Dr Dr Unit 101, Dallas, TX 75231

$875,000

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List Price
$875,000
MLS#
21376620
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1979
Construction Status
Preowned
Acres
2.81
County
Dallas
City
Dallas
Subdivision
Copperrun Condos Ph 01
Building Name
Copperrun

Property Description

Copperrun is fourteen individually deeded condominiums offered as a single portfolio at roughly $79 per square foot — while units in this complex closed this year at $110.93, $117.05 and $122.58 per foot. That is $62,500 a door against recent individual sales of $69,000, $92,000 and $95,000. Thirteen of the fourteen units are leased and producing $150,600 in gross scheduled income, or $160,537 with the last unit rented at market. Leases here have closed at 100% of asking in as few as 13 days. Because every unit carries its own deed, a buyer is never locked into one exit: hold all fourteen for income, finance in tranches, or release units to the retail market one at a time as leases roll and let the community's own comps close the gap. 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. Association dues are $309 to $475 per unit monthly. Nine additional units at Park Town MLS#21383596, same street, available separately or as a 23-unit package. Rent roll, 2025 expense detail, association budget and closed comparables upon executed confidentiality agreement. Buyer to verify dues, rental policies, association unit count, single-entity ownership limits and assessments. Do not disturb tenants; showings by appointment through listing agent.

Additional Information

Unexempt Taxes
$3,715
HOA Fees
$309
HOA Freq
Monthly
Amenities
Fireplace, Pool
Lot Size
122,272
Acres
2.81
Interior Features
Other
Flooring
Carpet, Laminate, Tile
Foundation
Slab
Roof
Composition
Stories
2
Pool
Yes
Pool Features
In Ground, Pool, Community
Fireplaces
1
Fireplace Type
Masonry
Parking Garage
Additional Parking, Assigned
School District
Dallas Isd
Elementary School
Jack Lowe Sr
Middle School
Sam Tasby
High School
Conrad
Possession
CloseOfEscrow, SubjectToTenantRights
Community Features
Pool

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Calculator source: Real Geeks

Listing courtesy of Deborah Byrd from League Real Estate. Contact: 817-523-9113

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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