1 Bed
1 Bath
668 SqFt
1 Bed
1 Bath
668 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 668 sqft
Subdivision The Meadows Condominiums
MLS Listing ID 21367273
Style Contemporary/Modern
Bedrooms 1
Full Baths 1
HOA Fees $314/mo
HOA Y/N Mandatory
Year Built 1982
Annual Tax Amount $2,786
Lot Size 6.220 Acres
Acres 6.22
Property Sub-Type Condominium
Property Description
Cash buyers & hard-money investors, this is the kind of opportunity that deserves a 2nd look. This condo is priced to move & offers multiple ways to create value through a targeted remodel. With an estimated ARV of approximately $125k; a remodel quote of only $15–$17k, the upside is compelling! Offered at more than $50,000 below appraised value, now you can create attractive opportunity to renovate, reposition, & build equity.
Investor exit strategies may include a resale, traditional lease, furnished monthly rental, or—subject to HOA rules, city regulations, and applicable platform requirements—a short-term or extended-stay rental strategy. Nearby 1-bedroom, 1-bath condos in the same neighborhood have reportedly performed at more than $104 per night on a consistent basis, providing a benchmark worth analyzing for investors considering furnished or hospitality-style use. A monthly furnished model may also appeal to traveling professionals, corporate tenants, relocating residents, & others seeking flexible housing without a traditional year-long lease.
The value-add possibilities are wide open: update the interior, improve functionality and presentation, and choose the exit strategy that best fits your investment plan. Once renovated—and potentially as interest rates decline—this condo could be positioned for stronger resale demand & future appreciation.
The HOA budget is minimal and includes water, sewer, trash, common-area maintenance, and access to a gorgeous private community pool—a valuable amenity for residents & a strong feature for rental marketing.
This is not a turnkey retail purchase; it's an opportunity for an investor who recognizes below-market value & knows how to unlock it. Bring your contractor, verify the numbers, & move decisively. Priced to sell fast. Cash or hard-money buyers preferred. Schedule your showing & evaluate this flexible value-add opportunity before it is gone!
Location
State TX
County Dallas
Community Community Pool, Community Sprinkler, Gated, Perimeter Fencing, Pool
Direction There are multiple entrances into the neighborhood -- MAIN ENTRANCE IS OFF WILLIAM DEHAUSE -- Use this gate to get into the community
Rooms
Dining Room 1
Interior
Interior Features Built-in Features
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Fireplaces Number 1
Fireplaces Type Wood Burning
Appliance Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Washer
Heat Source Central, Electric
Laundry Utility Room, Full Size W/D Area, Dryer Hookup, Washer Hookup
Exterior
Carport Spaces 1
Pool In Ground
Community Features Community Pool, Community Sprinkler, Gated, Perimeter Fencing, Pool
Utilities Available Cable Available, City Sewer, City Water, Co-op Water, Community Mailbox, Electricity Available, Electricity Connected, Underground Utilities, See Remarks
Accessibility Accessible Entrance
Total Parking Spaces 1
Garage No
Private Pool 1
Building
Story One
Level or Stories One
Structure Type Siding
Schools
Elementary Schools Haleyt
Middle Schools Houston
High Schools Macarthur
School District Irving Isd
Others
Acceptable Financing Cash, Contact Agent
Listing Terms Cash, Contact Agent
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21367273
Nearby Locations
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