tomo logo

$450,000

Beds
7
Baths
4.0
sq ft
5,103

5011 Cranfill Dr, Dallas, TX 75241

5011 Cranfill Dr

Dallas, TX 75241

  • 9 days on market
We are pleased to present this exceptional multi-family opportunity, offering a prime canvas for your creative vision in the heart of Dallas, TX. Zoned for both commercial and residential use, this hidden gem awaits a savvy investor ready to transform it into a lucrative venture. Featuring 3 stories with 7 bedrooms, 4 bathrooms, and 4 adaptable living spaces, the possibilities are endless. Whether you're considering retail, office space, multi-family housing, or even a church, the potential is undeniable. Situated on nearly half an acre, the expansive backyard accommodates parking for up to 28 cars, plus 4 additional carports. Don’t miss this incredible opportunity schedule a viewing today and unlock the full potential of this unique property!

Details

Property type

Single Family Residence

Est. home value

$979,068

Lot size

0.481 acres

Price per sq ft

$89

Year built

1917

Annual property taxes

$6,789

Price History

09/10/2024
NTREIS

NTREIS #20719192

Listed
$450,000
05/03/2024
NTREIS

NTREIS #20516061

Removed
05/03/2024
NTREIS

NTREIS #20516061

Price change
$525,000
-8.7%

Schools & Community

Neighborhood: 

South Dallas

Elementary school: 

Bryan

Middle school: 

Gaston

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

United Wholesale Mortgage

Loan start date

March 2022

Original loan amount

$252,000

Est. remaining balance

$240,384

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Luu Thai

Lender

Aj Estates Llc

Loan start date

May 2021

Original loan amount

$190,000

Est. remaining balance

Not provided

Interest rate

3.09%

Loan type

Purchase Money Mortgage, 1 year

Seller

Luu Thai

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?

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Status: Active

Tomo last checked: 09/19/2024 at 11:05 AM

Listing updated: 09/10/2024 at 2:41 PM

Listed by: Jasmin Shelburne, EXP REALTY Phone #: (888) 519-7431

MLS: NTREIS #20719192

NTREIS logo

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