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$3,200,000
New Listing

1234 Templecliff
Dallas, TX75217

For Sale|Apartment|Active
30
Beds
25
Full Baths
0
Partial Baths
17,340
SqFt
$185
/SqFt
1961
Built
Subdivision:
Pleasant Wood
County:
Dallas

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1234 Templecliff1234 Templecliff1234 Templecliff1234 Templecliff
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Onyx Legacy Group is pleased to present Templecliff Apartments, a well-positioned multifamily asset in the heart of Dallas, Texas. This exceptional property offers an outstanding value-add opportunity for investors looking to acquire a stabilized asset with strong cash flow and significant upside potential. Built in 1961, Templecliff Apartments features 26 well-maintained units, providing a compelling combination of historical occupancy strength and room for revenue growth through strategic renovations and operational efficiencies. Nestled in a thriving submarket, Templecliff Apartments benefits from proximity to major employment centers, retail destinations, and sought-after entertainment venues, making it an attractive choice for tenants seeking affordability and convenience. With the continued growth of the Dallas-Fort Worth metro area, this property presents a unique chance to capitalize on rising rental demand while implementing thoughtful enhancements to boost long-term investment returns. The Dallas-Fort Worth metroplex continues to experience robust population growth, driving increased demand for quality rental housing. Recent economic developments, including major corporate relocations and infrastructure investments, have strengthened the local job market, attracting a diverse and expanding workforce. Large employers in the area include AT&T, Southwest Airlines, Bank of America, and the University of Texas Southwestern Medical Center, all contributing to a thriving business environment. Templecliff Apartments' location provides investors with a prime opportunity to benefit from this sustained expansion and the region’s strong rental market fundamentals. Additionally, the area's revitalization efforts and the planned mixed-use developments nearby are expected to further enhance property values and rental demand in the coming years.

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Listing Snapshot
Price 
$3,200,000
Days On Site 
0 Days
Bedrooms 
30
Inside Area (SqFt) 
17,340 sqft
Total Baths 
25
Full Baths 
25
Partial Baths 
N/A
Lot Size 
1.2 Acres
Year Built 
1961
MLS® Number 
20868372
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
13 hours agoListing first seen on site
General Features
Acres 
1.2
Foundation 
Slab
Parking 
AsphaltAssignedElectric Gate
Parking Spaces 
53
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
17340
Stories 
Two
Water Source 
Public
Interior Features
Appliances 
None
Cooling 
Window Unit(s)
Flooring 
Vinyl
Heating 
Central
Interior 
Other
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Exterior Features
Construction Details 
Brick
Roof 
Flat
Community Features
Accessibility Features 
Accessible Entrance
School District 
Dallas ISD
Schools
School District
Dallas ISD
Elementary School
Ireland
Middle School
Hood
High School
Samuell
Listing courtesy of Mark Allen of Onyx Legacy Realty LLC 8177234274



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-03-12 06:01 AM CDT

Neighborhood & Commute
Source: Walkscore
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