INVESTOR OPPORTUNITY – FULLY OCCUPIED TRIPLEX WITH IMMEDIATE CASH FLOW AND LONG-TERM UPSIDE! Built in 2004 and located in Dallas' renter-driven 75235 corridor, this full triplex includes three income-producing units – 1414A, 1414B and 1416 Record Crossing – all currently leased and generating a combined $4,585 per month, or $55,020 in scheduled gross annual rent. The newer construction is an added advantage for investors looking to avoid some of the challenges often associated with older multifamily properties.
The numbers make this location particularly attractive for a buy-and-hold investor. Approximately 75% of occupied households in 75235 are renter-occupied, while roughly 90% of the area's housing units are occupied. Current rents range from $1,495 to $1,595 per unit, providing established income from day one with potential opportunity for future rent growth as leases turn and market conditions allow. Current market data places median rent in 75235 around $1,663 per month, giving investors another reason to evaluate the property's future income potential.
The long-term story may be even more compelling. Record Crossing sits in Dallas' major medical and employment corridor, near UT Southwestern Medical Center, Parkland Memorial Hospital and Children's Medical Center, with convenient access to Love Field, Downtown Dallas and major highways. This concentration of healthcare, employment and transportation infrastructure provides a strong economic anchor for the surrounding rental market.
Three units. Three existing tenants. $55,020 in scheduled gross annual rent. For investors looking for immediate income, diversified rent across multiple units and long-term appreciation ...
+ Read More| Listing Id: | 21395111 |
|---|---|
| List Price: | $650,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Active |
| Bedrooms Total: | 9 |
| Bathrooms Full: | 6 |
| Unexempt Taxes: | $13,656 |
| Lot Size Square Feet: | 9,757.4400 |
| Lot Size Acres: | 0.224 |
| Waterfront?: | No |
| City: | Dallas |
| County Or Parish: | Dallas |
| Subdivision Name: | Arlington Park Estates Sec 04 |
| Postal Code: | 75235 |
| Year Built: | 2004 |
| Unit Count: | 3 |
| Accessibility Features Yn: | No |
| Appliances: | Dishwasher,Disposal,Microwave |
| Association Type: | None |
| Attached Garage?: | No |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 6.00 |
| Bathrooms Total Integer: | 6 |
| Building Area Source: | Public Records |
| Building Area Total: | 3,680.00 |
| Carport Spaces: | 2 |
| Community Features: | Curbs, Sidewalks |
| Complex Name: | N/A |
| Construction Materials: | Rock/Stone, Siding |
| Cooling: | Central Air |
| Covered Spaces: | 2 |
| Directions: | From Downtown Dallas, take I-35E N, exit at Commonwealth Dr, make a U-turn, and stay on the service road. Turn right onto Record Crossing Rd; the property will be on the right. |
| Elementary School: | Hernandez |
| Elementary School Name: | Hernandez |
| Exclusions: | Seller's Personal Property. |
| Exterior Features: | Rain Gutters, Lighting |
| Flooring: | Carpet, Ceramic Tile, Terrazzo |
| Foundation Details: | Slab |
| Garage Spaces: | 0 |
| Garage?: | No |
| Gross Annual Expenses: | $16,356 |
| Gross Annual Income: | $55,020 |
| Heating: | Central |
| High School Name: | North Dallas |
| Insurance Expense: | $2,700 |
| Interior Features: | Decorative Lighting, Open Floorplan |
| Levels: | One |
| Listing Terms: | Cash, Conventional, FHA, VA Loan |
| Lot Size: | Less Than .5 Acre (not Zero) |
| Lot Size Area: | 0.2240 |
| Lot Size Units: | Acres |
| Middle School Name: | Rusk |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Net Operation Income: | $38,664 |
| Number Of Buildings: | 1 |
| Number Of Parking Spaces: | 10 |
| Operating Expense Includes: | Insurance |
| Parking Features: | Garage Faces Rear, None, Off Street |
| Pool?: | No |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 6006 |
| Roof: | Composition |
| School District: | Dallas ISD |
| Smart Home Features Appor Pass Y: | 0 |
| Utilities: | Cable Available, City Sewer, City Water, Curbs, Electricity Available, Phone Available, Sewer Available, Sidewalk |
| Will Subdivide: | No |
| Window Features: | Window Coverings |
| Year Built Details: | Preowned |
Listing Courtesy of: Orchard Brokerage
Listing Agent: Riann Emch
214-995-6373
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North Texas Real Estate Information Systems, Inc. data last updated on October 08, 2026 03:54 PM - CT
Property Last Updated: October 08, 2026 03:54 PM - CT
