Unique investment opportunity with a structured leaseback in place. The sale includes a mandatory leaseback to the current occupant, which is not optional, and the buyer must agree to the lease terms as part of the purchase. The lease is intended to be long-term, making this an ideal option for a buyer seeking stable, long-term income rather than immediate occupancy. The transaction is subject to court approval for both the sale and the leaseback agreement, which may impact timing. Leaseback terms will be incorporated into the purchase contract, and buyers should be prepared to complete a background check as part of the approval process. The transaction process will be more structured than a typical sale due to third-party approvals. There is no expectation of immediate major upgrades by the buyer, and rental payments are expected to be supported through an established financial structure.
| MLS # | 21252780 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1965 |
| Days On Site | 133 |
| Listing Provided By | Surge Real Estate | Nick Surguine |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,248 |
| Garage | 2 |
| Story(s) | 1 |
| Acreage | 0.19 |
| Room Count | 10 |
|---|---|
| Cooling | Central Air, Electric |
| Heating | Central |
| Interior Features | Paneling, Tile Counters |
| Window Features | Window Coverings |
| Appliances | Dishwasher, Electric Oven, Gas Cooktop, Other |
| Fireplace Features | Stone, Wood Burning, Other |
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Composition, Shingle |
| Construction Materials | Brick, Rock/Stone, Wood |
| Foundation Details | Slab |
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| Parking Features | Alley Access, Garage Faces Rear |
| Utilities | City Sewer, City Water |
|---|
| Community Features | Sidewalks |
|---|
| Unexempt Taxes | 6859 |
|---|---|
| Tax Lot | 9 |
| Tax Block | 14/69 |
| Tax Legal Description | GLEN HILLS BLK 14/6914 LT 9 VOL84183 PG0009 CO-DAL |
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75232 |
| Area | Dallas |
| Community Name | Glen Hills |
| School District | Dallas ISD |
| Elementary School | Turneradel |
| High School | Carter |
| Listing VS Median (in Glen Hills) | |
Price: $250,000 low | high Med: $271,900 sqft: 2,248 low | high Med: 1,725 $ / sqft: $111 low | high Med: $158 On site: 133 low | high Med: 165 | |
| State | TX |
|---|---|
| County | Dallas |
| City | Dallas |
| Zip Code | 75232 |
| Area | Dallas |
| Community Name | Glen Hills |
| School District | Dallas ISD |
| Elementary School | Turneradel |
| High School | Carter |
| Listing VS Median (in Glen Hills) | |
Price: $250,000 low | high Med: $271,900 sqft: 2,248 low | high Med: 1,725 $ / sqft: $111 low | high Med: $158 On site: 133 low | high Med: 165 | |