tomo logo

$1,049,900

Beds
3
Baths
5.0
sq ft
3,777

1811 Browder St, Dallas, TX 75215

1811 Browder St

Dallas, TX 75215

  • 5 days on market
BANK OWNED Unique Investor Opportunity in the Cedars 2 Units that were formerly, the famous 'Luxe Warehouse': Originally a vintage 1940s warehouse, was transformed in 2019 by CNBC's 'Cash Pad' into a distinctive lodging experience. With two bedrooms and three baths, it comfortably accommodates up to 10 guests. The Luxe Warehouse has been featured on numerous websites and has the possibility to generates income through short term rental bookings (Airbnb, VRBO, PeerSpace). Contemporary Apartment Home: Built in 2015, this modern two-story home features one bedroom and one and a half baths. It occupies the front of the lot, surrounded by new construction, enhancing the property's appeal. Investment Potential: A rare opportunity to invest in a historically rich, highly desirable property in the Cedars minutes from downtown Dallas. With its unique accommodations and prime location, this property is poised to attract a steady stream of guests that could generate a good return on investment.

Details

Property type

Est. home value

$967,249

Lot size

6,961 sq ft

Price per sq ft

$278

Year built

1946

Annual property taxes

$18,574

Price History

06/27/2024
NTREIS

NTREIS #20658716

Listed
$1,049,900
08/04/2021
NTREIS

NTREIS #14565595

Removed

Schools & Community

Neighborhood: 

South Boulevard-Park Row Historic

Elementary school: 

Dunbar

Middle school: 

Dade

High school: 

Madison

School district: 

Dallas ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of The Ozarks

Loan start date

August 2021

Original loan amount

$815,000

Est. remaining balance

Not provided

Interest rate

2.93%

Loan type

Purchase Money Mortgage, 5 year

Seller

Flux Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/02/2024 at 7:15 PM

Listing updated: 07/01/2024 at 12:44 PM

Listed by: Heather Konopka, Heather S Konopka Phone #: (817) 715-1932

MLS: NTREIS #20658716

NTREIS logo

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