Renovated One-Bedroom Condo at Windtree Condominiums offering an exceptional investment opportunity with a strong, established lease already in place! The long-term, multi-year tenant recently renewed for another 12 months at $1,475 per month, producing a gross rental yield of nearly 12% at list price.
While the unit is priced above typical… Read More comparable sales, the premium is supported by an above-market lease with a proven tenant already in place. For an investor, this creates a rare opportunity to acquire a turnkey, low-maintenance property generating immediate income at a return that is difficult to replicate in the current market.
The HOA covers water and trash, while the tenant is responsible for electricity and internet, keeping ownership straightforward and predictable. The renovated unit also minimizes near-term maintenance and improvement needs.
Located in desirable Lake Highlands with convenient access to Downtown Dallas and nearby shopping, dining, and retail. The gated community includes a reserved covered parking space.
An excellent opportunity for an investor prioritizing cash flow: strong lease, established tenant, renovated unit, and nearly 12% gross rental yield from day one. Read Less
Courtesy of Woodall and Co. Realty, LLC, Cooper Johnson.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor website owner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Listing data last updated: Eastern
Confirm your time
Fill in your details and we will contact you to confirm a time.
