1234 Templecliff, Dallas, Texas 75217

TX, Dallas
$3,200,000
  • 30 Beds
  • 25 Bath
  • 1.20 Acre
  • Residential Income Property Type
  • 1961 Year Built
  • Active Status
Juan Carlos Cruz
Juan Carlos Cruz Texas Investment Properties
  • + 214-666-6062
  • Info@texasinvestment.properties
  • 15280 Addison Rd Suite 120 Addison
Property Description

Onyx Legacy Group is pleased to present Templecliff Apartments, a well-positioned multifamily asset in the heart of Dallas, Texas. This exceptional property offers an outstanding value-add opportunity for investors looking to acquire a stabilized asset with strong cash flow and significant upside potential. Built in 1961, Templecliff Apartments features 26 well-maintained units, providing a compelling combination of historical occupancy strength and room for revenue growth through strategic renovations and operational efficiencies.

Nestled in a thriving submarket, Templecliff Apartments benefits from proximity to major employment centers, retail destinations, and sought-after entertainment venues, making it an attractive choice for tenants seeking affordability and convenience. With the continued growth of the Dallas-Fort Worth metro area, this property presents a unique chance to capitalize on rising rental demand while implementing thoughtful enhancements to boost long-term investment returns.

The Dallas-Fort Worth metroplex continues to experience robust population growth, driving increased demand for quality rental housing. Recent economic developments, including major corporate relocations and infrastructure investments, have strengthened the local job market, attracting a diverse and expanding workforce. Large employers in the area include AT&T, Southwest Airlines, Bank of America, and the University of Texas Southwestern Medical Center, all contributing to a thriving business environment.

Templecliff Apartments’ location provides investors with a prime opportunity to benefit from this sustained expansion and the region’s strong rental market fundamentals. Additionally, the area’s revitalization efforts and the planned mixed-use developments nearby are expected to further enhance property values and rental demand in the coming years.

Listing Information
  • List Agent Mls Id: 0589645
  • List Office Mls Id: OXLR01
  • Mls Status: Active
  • Modification Timestamp: 2025-03-12T05:11:51Z
  • Originating System Name: NTR
  • Special Listing Conditions: Standard
  • Status Change Timestamp: 2025-03-11T16:36:40Z
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 20868372
  • Price: $3,200,000
  • Bathrooms: 25
  • Year Built: 1961
  • Lot Area: 1.20 Acre
  • Status: Active
  • Listing Status: Active
  • Office Name: Onyx Legacy Realty LLC
  • Agent Name: Mark Allen
  • Full Bathrooms: 25
  • Property Sub Type: Apartment
  • Roof: Flat
Features
  • Swimming Pool None
  • Heating System Central
  • Cooling System Window Unit(s)
  • Parking Assigned, Asphalt, Electric Gate
  • Utilities Sewer Available, Water Available
  • Flooring Vinyl
  • Interior Features Other
  • Sewer Public Sewer
Address Map
  • Country US
  • State TX
  • County Dallas
  • City Dallas
  • Subdivision Pleasant Wood
  • Zipcode 75217
  • Street: Templecliff
  • Street Number: 1234
  • Longitude: W97° 17' 46.2''
  • Latitude: N32° 44' 0.8''
  • Directions: GPS
Neighborhood
  • Elementary School: Ireland
  • Elementary School District: Dallas ISD
  • High School: Samuell
  • High School District: Dallas ISD
  • Middle School: Hood
Additional Information
  • Accessibility Features: Accessible Entrance
  • Building Size: 17340
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Levels: Two
  • Number Of Units Total: 26

Advertisement

ad
previous arrow
next arrow

Blog

previous arrowprevious arrow
Slide
Key Strategies for Success in Real Estate Investment: Focus on the Buy-and-Hold Strategy

Real estate investment is a fascinating and lucrative field that has attracted many investors seeking growth opportunities and long-term wealth...

next arrownext arrow

Similar Properties

MLS On The Fly