Plano, TX 75075,1117 Lakestream Drive
$2,400,000
Est. payment /mo
20 Beds
14 Baths
14,050 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 14,050 sqft

Price per Sqft $170

Subdivision Creekbend Estates Ph 1

MLS Listing ID 20055152

Sold Date 12/19/22

Bedrooms 20

Full Baths 12

Half Baths 4

HOA Y/N None

Total Fin. Sqft 14050

Year Built 1992

Annual Tax Amount $9,691

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Multi Family

Property Description

Incredible investment opportunity to purchase a diverse portfolio of 4 tenant occupied homes in Plano, Dallas and Richardson! Currently occupied by a sober living facility, current owner is looking to sell and lease back for 5-10 years with increased rents to new owner. 7% cap rate minimally with a net income over $167,000 annually. Property values in DFW are projected to increase by 12%! Don't miss this opportunity. Addresses are 1117 Lakestream Drive 75075, 4445 Burnhill Drive, Plano TX 75074, 23 Grant Circle, Richardson TX 75081, 10219 Sunridge Trail, Dallas TX 75243. Do not disturb tenants.

Location

State TX

County Collin

Direction From 75 to Park, go west to Alma. Left to Lakestream. left to #1117 from DTR east to parker to Garner right to Lakestream .

Interior

Interior Features Cable TV Available, Flat Screen Wiring, High Speed Internet Available, Sound System Wiring, Vaulted Ceiling(s)

Heating Central, Natural Gas

Cooling Electric, Gas

Flooring Carpet, Tile, Wood

Appliance Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Convection Oven, Double Oven, Plumbed for Ice Maker, Refrigerator, Water Filter

Heat Source Central, Natural Gas

Exterior

Garage Spaces 9.0

Utilities Available City Sewer, City Water

Roof Type Composition

Total Parking Spaces 9

Garage Yes

Building

Story Two

Foundation Slab

Structure Type Concrete

Schools

High Schools Plano Senior

School District Plano Isd

Others

Ownership of record

Financing Cash


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Selden Tual • Rogers Healy and Associates
Bought with Non-Mls Member • NON MLS

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agent

Reflect Real Estate

+1(214) 449-1822

Brokerage | License ID: 9010073

Brokerage License ID: 9010073

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