Property
Beds
2
Full Baths
2
1/2 Baths
1
Year Built
1982
Sq.Footage
1,075
INVESTORS ONLY! Start earning income from day one with this turnkey investment property featuring a dependable long-term tenant already in place. The current tenant has renewed their lease through July 2027 @ $1,600 per month, providing immediate cash flow. The tenant has maintained an excellent payment history with no late payments, offering a proven rental history and seamless transition for the new owner. HOA dues are $482 per month. Nestled within the gated One Orleans Place community in Richardson ISD, this spacious townhome style condominium offers 2 bedrooms, 2.5 baths, and approximately 1,075 square feet of comfortable living. A welcoming private entrance tucked among mature trees and lush landscaping, creating a peaceful setting rarely found in condominium living. Inside, the inviting living room features a cozy fireplace, while the galley kitchen offers granite countertops, and breakfast bar that connects to the dining area.. A convenient half bath is located on the first floor for guests. Both bedrooms are privately situated upstairs, each featuring its own ensuite bath and walk-in closet. The oversized primary suite includes a generous sitting area that’s perfect for a home office, reading nook, or exercise space plus a private balcony overlooking the wooded creek and natural surroundings, providing a relaxing retreat. Step outside to beautifully maintained grounds with towering shade trees, tranquil creek views, and inviting outdoor spaces that give the community a park-like atmosphere and just steps from the community sparkling pool with adjoining sun deck and picnic area. Residents enjoy gated access, assigned covered parking, and HOA-maintained grounds for truly low-maintenance ownership. Conveniently located near I-635, shopping, dining, and major employment centers, this is an outstanding opportunity to add a stable, income-producing property to your investment portfolio.
Features & Amenities
Interior
-
Other Interior Features
Granite Counters
-
Total Bedrooms
2
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Electric, Fireplace(s)
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Balcony
-
Parking
Assigned, Carport, Gated
-
Patio and Porch Features
Rear Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
4.926
-
Lot Size(square feet)
214,576
-
Property Type
Residential
-
Property Sub Type
Condominium
Price
-
Sales Price
$170,000
-
Tax Amount
$3,591
-
Sq. Footage
1,075
-
Price/SqFt
$158
HOA
-
Association
YES
-
Association Fee
$482
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
Forest Lane
-
Middle School
Forest Meadow
-
High School
Lake Highlands
Property Features
-
Stories
2
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
1
-
Water Source
Public
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Location
County
Dallas
Elementary School
Forest Lane
Middle School
Forest Meadow
High School
Lake Highlands
Listing Courtesy of Diane Lipps , DA Rock of Homes
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AGENT
Joe Boston
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