Address
223 W 5th Street, Irving, TX
Price
$ 1,664,000
Property Attributes
  • MLS#20487672
  • TypeMulti-Family
  • CountyDALLAS
  • CityIrving
  • NeighborhoodBrowns 03
  • Zip75060
  • StyleApartment
  • Year Built1955
  • Taxes$ 25517
  • Price$ 1,664,000
  • Bedrooms16
  • Full Bathrooms16
  • Half Bathrooms0
  • Lot Size0.333 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Wedged between Dallas and the DFW International Airport, this centrally located complex is in the heart of the DFW. Everything you want is right outside your door, from major sports events to amazing shopping and dining to theme parks to golf courses to museums and theaters. This complex presents as a community and consists of 16 units all around a marvelous pool. Parking is located in the front and rear of the property. This complex presents major potential, as market rents show room for growth. The property could also thrive with a stronger online presence. Don’t miss out on this wonderful investment opportunity!

Elementary School
Britain Elementary School
Price History
12/4/2023 Listed $1,664,000

General Features

Heating Wall Furnace
Complex Name CHELMONT IRVING LLC
Cooling Wall/Window Unit(s),Window Unit(s)
Utilities Cable Available,City Sewer,City Water
Possession Closing/Funding
Roof Composition
Appliances Electric Cooktop,Electric Oven
School District Irving ISD
Capitalization Rate 6.17
Pool Y/N Yes
Year Built 1955
Tenancy Over 9 Months
Levels Two
Unexempt Taxes 25517
Will Subdivide No
Gross Annual Expenses 110228.00
Property SubType Apartment
Subdivision Name Browns 03
County Dallas
Property Type Residential Income
Construction Materials Brick,Wood
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions Use GPS
City Irving
Buyer Agent Compensation 3
Elementary School Name Britain
High School Nimitz
Street Name 5th
Elementary School Britain
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20487672
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Cable TV Available,Eat-in Kitchen
Flooring Laminate
Total Units 16
Unit Count 1
Lock Box Type Other
Street Suffix Street

Exterior Features

Fencing Chain Link
Lot Size Source Public Records
Parking Features Guest
Lot Size Less Than .5 Acre (not Zero)
Foundation Concrete Perimeter,Pillar/Post/Pier
Pool Features Fenced,In Ground
Lot Size Area 0.3330
Number Of Parking Spaces 22
Lot Size Units Acres
Building Area Total 10400.00
Lot Size Square Feet 14505.4800
Lot Size Acres 0.3330

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 75060

Price
AVG $880K
$1.66M
Taxes
AVG $12,809
$25,517
Visits
AVG 58
123
Data Provided by Inside Real Estate®
Year Built
AVG 1972
1955

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