tomo logo

$2,290,000

Beds
16
Baths
16.0
sq ft
7,300

4400 San Jacinto St, Dallas, TX 75204

4400 San Jacinto St

Dallas, TX 75204

  • 119 days on market
    • Price drop $60,000↓
POMELO APARTMENTS, a true turnkey investment opportunity. Located on a corner lot in the heart of Old East Dallas, one of the highest in demand rental neighborhoods, just 3-5 minutes from Downtown Dallas. This fully renovated multifamily property offers 16 units (1 Bedroom and 1 Bathroom) with gated parking. Recently updated in 2020 the building was overhauled with mechanical systems, electrical (wiring and meters), roof, windows, plumbing, lateral sewer line, and gated parking. Each unit features stylish design finishes and amenities: in-unit laundry, light grey vinyl flooring, updated kitchens, updated bathrooms, and central air. With a prime location near Downtown Dallas and popular neighborhoods like Uptown and Knox Henderson, this property offers a great investment potential. Don't miss the chance to own a beautifully re-imagined asset in a sought-after area of Dallas.

Details

Property type

Apartment

Lot size

0.2608 acres

Price per sq ft

$314

Year built

1958

Price History

11/07/2024
NTREIS

NTREIS #20682555

Price change
$2,290,000
-2.55%
07/23/2024
NTREIS

NTREIS #20682555

Listed
$2,350,000

Schools & Community

Neighborhood: 

Northeast Dallas

Elementary school: 

Chavez

Middle school: 

Spence

High school: 

North Dallas

School district: 

Dallas ISD

Negotiation Insights

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

Seller could get up to

$1,379,330
Asking price
$2,290,000
Closing costs (~8% of asking)
-$183,200
Est. remaining loan balance
-$727,470
Cash to seller
$1,379,330

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Bank

Loan start date

July 2022

Original loan amount

$1,288,000

Est. remaining balance

$727,470

Interest rate

5.09%

Loan type

Not Provided, 5 year

Seller

Aflalo Texas 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: 11/19/2024 at 6:30 PM

Listing updated: 11/07/2024 at 2:57 PM

Listed by: Matthew Cassidy, Perry Guest Company Phone #: (214) 528-9250

MLS: NTREIS #20682555

NTREIS logo

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