2058 Farola DrDallas, TX 75228

Property Details for 2058 Farola Dr

Year built

1950

Property size (Sq ft)

9,142 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a portfolio of nine single-family homes situated in Dallas' Casa View Heights neighborhood. The properties, totaling 9,142 square feet, are conveniently located near Downtown Dallas, Lakewood, White Rock Lake, and The Arboretum, with easy access to major highways. Built between 1950 and 1955, these Class B properties are zoned for single-family residential use and offer a 70% occupancy rate. The portfolio is currently owner-occupied and being offered for $2,200,000. Individual addresses are available upon request. Given the proximity to desirable areas and the current occupancy, this represents a strong potential for rental income and future appreciation. Please note that the properties are mostly occupied, and tenant disturbance should be avoided. Showings of vacant units can be arranged. This is an ideal investment for those seeking a substantial foothold in the Dallas residential real estate market. The portfolio offers a unique opportunity to acquire a significant number of properties in a highly desirable location, providing immediate cash flow and long-term growth potential.

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.8451

Longitude

-96.6769

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