DeSoto, TX 75115 1422 Deborah Avenue

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Presented By: Antonio Gipson with JoGip Property Management; 972-293-5575
  • MLS# 20703040
  • 08/16/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 4
  • Full/Half Baths • 2 / 2

Home Details

Seize the chance to own a full duplex in the thriving rental community of Desoto, located in the Dallas area. This well-maintained property features two identical units, each offering 2 bedrooms and 1.5 bathrooms. Both units are in excellent condition, benefiting from recent updates that enhance their appeal. The property is currently 50% occupied, providing immediate rental income from one unit while the other is ready to be leased at market rent. Market rent for each unit is $1,450, offering a solid return on investment in a high-demand area. This duplex presents a fantastic opportunity for investors looking to add a reliable income-generating property to their portfolio in a desirable Dallas-area community. New roof installed 9-24-24. New water heater installed September 2024. Tenant lease expires 4-30-25.
Presented By: Antonio Gipson with JoGip Property Management; 972-293-5575

Interior Features for 1422 Deborah Avenue

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths2
Total Baths4

Other Interior Features

Unit Count2
Fireplaces Total0
Lock Box TypeCombo
Window FeaturesWindow Coverings
FlooringLaminate
Interior FeaturesCable TV Available
Occupancy Rate50
Total Units2

General for 1422 Deborah Avenue

# of Buildings1
AppliancesDishwasher, Disposal, Electric Cooktop
Capitalization Rate7.64
Carport Spaces2
CityDeSoto
Complex NameHampton Place
Construction MaterialsBrick
CoolingCentral Air
CountyDallas
DirectionsNear Hampton & Wintergreen
Full Baths2
Gross Annual Expenses6970.00
HOA TypeNone
HeatingCentral
High SchoolDesoto
Insurance Expense1500
Junior High SchoolYoung
LevelsOne
Occupant TypeTenant
Operating Expense IncludesInsurance, Professional Management, Other
Pool Y/NNo
PossessionClosing/Funding
Property SubTypeDuplex
Property TypeResidential Income
RoofShingle
School DistrictDesoto ISD
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Subdivision NameHampton Place Estates
TenancyNo Smoking, No Sublease, No Waterbeds, Pet Restrictions, Other
Unexempt Taxes7490
UtilitiesCable Available, City Sewer, City Water, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1971
Year Built DetailsPreowned

Exterior for 1422 Deborah Avenue

Building Area Total2176.00
Covered Spaces2
Exterior FeaturesCovered Patio/Porch
FencingChain Link
Foundation Slab
Lot Size Acres0.2240
Lot Size Area0.2240
Lot Size Square Feet9757.4400
Lot Size UnitsAcres
Number Of Parking Spaces2
Parking FeaturesCarport

Additional Details

Price History

Worth Clark

Price $344,777
MLS#20703040
List Date 08/16/2024
Property Type Multi-Family
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