Price Reduction
Address
5740 Llano Avenue # 5740-5742, Dallas, TX
Price
$ 1,195,000
Property Attributes
  • MLS#20518051
  • TypeMulti-Family
  • CountyDALLAS
  • CityDallas
  • NeighborhoodBelmont Sub
  • Zip75206
  • StyleMultiple Single Units
  • Year Built1926
  • Taxes$ 12080
  • Price$ 1,195,000
  • Bedrooms7
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3565
  • Lot Size7,754 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Opportunity to own a 2-property rental portfolio thoughtfully renovated to maintain its historic charm with modern touches. Located in the Belmont Addition Conservation District, the Llano portfolio is walking distance to Lower Greenville attractions. The front house includes 3 bedrooms, 2 bathrooms with premium updates including quartzite kitchen countertops and tile throughout the bathrooms. Floors are a combination of original wood and laminate. The 2nd house is an ADU with its own address (5742 Llano) and separate entryway. Renovated to house 4 rooms and 2 bathrooms, updates include quartz countertops, tiled bathrooms and new flooring and fixtures. The front house is 1,986 SF while the ADU is 1,580 SF, for a combined total of 3,566 SF. Cast iron also replaced with PVC. 5740 leases for $4,850 a month and 5742 leases for $3,300 a month. Utilities on 5740 are billed back and 5742 is paid for by tenants directly. Transaction Desk includes expenses, measurements and other info.

Elementary School
Geneva Heights Elementary School
Price History
1/23/2024 Listed $1,200,000
4/5/2024 1% - $1,195,000

General Features

Heating Natural Gas
Complex Name 5740 Llano
Cooling Central Air,Electric
Utilities City Sewer,City Water,Individual Gas Meter
Possession Closing/Funding
Roof Shingle
Appliances Dishwasher,Dryer,Gas Range,Washer
School District Dallas ISD
Capitalization Rate 6.61
Year Built 1926
Levels Two
Unexempt Taxes 12080
Will Subdivide No
Gross Annual Expenses 18801.00
Unit Number 5740-5742
Property SubType Multiple Single Units
Subdivision Name Belmont Sub
Insurance Expense 7498
Occupant Type Tenant
County Dallas
Operating Expense Includes Insurance,Maintenance Grounds,New Tax
Property Type Residential Income
Construction Materials Brick,Wood
Year Built Details Preowned
Accessory Unit Type Accessory Dwelling Unit (ADU)
Accessory Unit YN Yes
HOA Type None
# of Buildings 2
Status Active
Directions From Greenville Ave.,go east onto Llano Ave. and property will be on your left close to Matilda St.
City Dallas
Buyer Agent Compensation 3
Elementary School Name Geneva Heights
High School Woodrow Wilson
Street Name Llano
Elementary School Geneva Heights
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20518051
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Cable TV Available,Decorative Lighting,Double Vanity,High Speed Internet Available,Kitchen Island
Flooring Laminate,Tile,Wood
Occupancy Rate 100
Fireplace Features Brick
Total Units 2
Unit Count 2
Fireplaces Total 2
Full Baths 4
Lock Box Type None
Street Suffix Avenue
Total Bedrooms 7

Exterior Features

Fencing Wood
Parking Features Alley Access,Driveway,On Street,Open,Outside,Permit Required
Foundation Pillar/Post/Pier
Lot Size Area 0.1780
Number Of Parking Spaces 4
Lot Size Units Acres
Building Area Total 3565.00
Lot Size Square Feet 7753.6800
Lot Size Acres 0.1780

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 75206

Price
AVG $1.3M
$1.2M
Taxes
AVG $16,169
$12,080
Visits
AVG 50
24
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1926

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