102 N Dallas Street, Palmer, TX
$ 850,000
Property Attributes
  • MLS#20446480
  • TypeMulti-Family
  • CountyELLIS
  • CityPalmer
  • NeighborhoodO T Palmer-Rev
  • Zip75152
  • StyleApartment
  • Price$ 850,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage5940
  • Lot Size0.264 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

You would not want to miss out on this well maintained 6 Plex brick apartment building. Great Investment potential with 1 commercial unit and 5 other units. There are two 1 bedroom units and three 2 bedroom units. The 2 bottom units have been recently renovated from Commercial use to two bedroom units.

Elementary School
Palmer Elementary School
Price History
10/5/2023 Listed $875,000
6/15/2024 3% - $850,000

General Features

Heating Central,Electric
Complex Name Dallas St. Complex
Cooling Central Air,Electric
Utilities All Weather Road,Asphalt,City Sewer,City Water,Community Mailbox,Electricity Available,Individual Water Meter
Possession Closing/Funding
Roof Composition,Other
Appliances Dishwasher,Disposal,Electric Range,Electric Water Heater,Microwave,Refrigerator
School District Palmer ISD
Capitalization Rate 8.44
Exclusions All equipment and or accessories associated with making or selling of donuts in the Commercial Unit #100
Year Built 2005
Tenancy No Sublease,No Waterbeds,Over 9 Months,Other
Levels Two
Will Subdivide No
Gross Annual Expenses 18800.00
Property SubType Apartment
Subdivision Name O T Palmer-Rev
Insurance Expense 7730
Occupant Type Tenant
County Ellis
Operating Expense Includes Maintenance,Maintenance Grounds,Maintenance Structure,Trash,Utilities,Other
Property Type Residential Income
Security Features Fire Alarm,Firewall(s),Security Lights,Smoke Detector(s)
Construction Materials Brick,Concrete
Year Built Details Preowned
HOA Type None
# of Buildings 1
Status Active
Directions Twenty five minutes south of downtown Dallas on Interstate 45. Take the Palmer exit 260 merging onto Dallas St. 1.3 mi to 102 N. Dallas St. on your right.
City Palmer
Buyer Agent Compensation 3
Elementary School Name Palmer
High School Palmer
Elementary School Palmer
Virtual Tour URL Unbranded
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Multiple Staircases,Open Floorplan,Pantry
Flooring Carpet,Concrete,Linoleum,Painted/Stained
Total Units 6
Unit Count 3
Full Baths 6
Lock Box Type None
Total Bedrooms 9
Total Baths 6
Window Features Window Coverings

Exterior Features

Exterior Features Awning(s),Balcony,Rain Gutters,Lighting
Lot Features Corner Lot,Few Trees
Fencing None
Lot Size Source Assessor
Parking Features Concrete,On Site,Open,Parking Lot
Foundation Slab
Lot Size Area 0.2640
Number Of Parking Spaces 25
Lot Size Units Acres
Building Area Total 5940.00
Lot Size Square Feet 11499.8400
Lot Size Acres 0.2640


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 75152

AVG $850K
AVG 379
Data Provided by Inside Real Estate®
Year Built
AVG 2005
AVG 27
Data Provided by Walkscore® not using MLS data