3501 Normandy Avenue Highland Park, TX 75205

$3,995,000  
0.28 Acres On Site: 38 Days
Built: 1950
Incredible investment opportunity to own a 6 unit luxury complex in Highland Park. All units have been completely redone with premium materials. Great layout with an open living space and plenty of natural light. Secured, gated and covered parking. Walk to Armstrong, Snider Plaza, SMU, and Highland Park Middle School.
Status:Active
Property Type:Apartment/5plex+
MLS #:14063880
Year Built:1950
On Site:38 Days
Lot Size:0.28 Acres

Mike Pannell

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Detailed Maps

Community Information

Address:3501 Normandy Avenue Highland Park, TX 75205
County:Dallas
Zip Code:75205

School Information

School System:Highland Park ISD
High School:Highland Park
Elementary School:Armstrong

Architecture

Year Built:1950
Stories:2
Construction Materials: Brick
Roof: Composition
Foundation Details: Pier & Beam
Parking Features: Assigned Spaces, Covered, Outside Entry, Rear

Features / Amenities

Interior Features: Cable TV Available, Decorative Lighting, High Speed Internet Available, Window Coverings
Flooring: Carpet, Ceramic Tile, Wood
Exterior Features: Lighting System, Sprinkler System
Security Features: Burglar, Carbon Monoxide Detector, Exterior Security Light(s), Fire Sprinkler System, Fire/Smoke, Monitored, Smoke Detector
Heating: Central Air-Elec, Central Air-Gas
Energy Saving Features: 13-15 SEER AC, 90% Efficient Furnace, Ceiling Fans, Double Pane Windows, Energy Star Appliances, High Efficiency Water Heater, Programmable Thermostat, Tankless Water Heater, Variable Speed HVAC

Property Features

Lot Size: 0.28 Acres
Lot Dimensions:Less Than .5 Acre (not Zero)
Lot Features: Corner
Waterfront: No
Lot Number: 22
Community Features: Comm. Sprinkler System, Gated Entrance
Utilities: City Sewer, City Water
Fencing: Automatic Gate, Metal, Wood
Directions:Southwest corner of Normandy Avenue and Key Street. (not used to pick up students)

Tax and Financial Info

Capitalization Rate: 3.55
Gross Annual Expenses: 88000
Gross Annual Income: 231000
Net Annual Income: 142000
Insurance Expense: 7500
Tenancy: 9 Months or Less, No Smoking, Pet Restrictions, Pets Allowed, Written Application Only

Listing Office

Listing provided courtesy of Alex Perry, Allie Beth Allman & Assoc..

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Listing Information Last Updated 5/20/2019
Information is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed or used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Nu Home Source Realty, LLC are marked with the NTREIS IDX logo and information about them includes the name of the listing brokerage.

NTREIS data last updated 5/20/2019.

Property Summary:

Home for sale at .

Description: The property at 3501 Normandy Avenue Highland Park, TX 75205 in the Mount Vernon Heights Add subdivision with the MLS# 14063880 is currently listed for $3,995,000 and has been on the market for 37 days.

GeoCoordinates:

32.8385244
-96.7901265

Listing Price: $3,995,000

You are viewing the MFRMLS listing details of the home for sale at 3501 Normandy Avenue Highland Park, TX 75205, which features 0 bedrooms and 0 bathrooms, and 0 sq.ft. of living area.