INVESTORS ONLY. Sold as a package of 4 full duplexes, including 4022 Walker St, 4026, Walker St, and 4036 Walker St. As is. Excellent value-add opportunity in an up & coming Oak Cliff location with land values on the rise. Month-to-month leases with long-term tenants in place. Utilities are separately metered for each unit and paid by tenants. One unit has been partially updated and is currently vacant for renovation. With full updates, rents could be increased substantially. Several new builds on Walker. This could be a great opportunity for redevelopment. See the OFFERING MEMORANDUM in documents for pro forma income & expense projections. Projected cap rate is 7.84%
Sold
Price Unknown
4027 Kernack St, Dallas, TX 75211
12beds
5,916sqft
Multi Family
Built in 1948
-- sqft lot
$633,900 Zestimate®
$--/sqft
$1,668 Estimated rent
Home value
$633,900
$501,000 - $792,000
$1,668/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: November 21, 2023 at 06:18pm
Listed by:
Abigail Davis 0678565 214-907-5618,
Compass RE Texas, LLC. 214-814-8100
Bought with:
Affi Moosa
Keller Williams Frisco Stars
Source: NTREIS,MLS#: 20391216
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 4
Heating
- Other
Cooling
- Other
Features
- Other
- Flooring: Other
- Has basement: No
Interior area
- Total structure area: 5,916
- Total interior livable area: 5,916 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Other
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 7,710 sqft
- Features: Interior Lot
Details
- Parcel number: 00000462073000000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Separate Meters, Water Available
Community & neighborhood
Location
- Region: Dallas
- Subdivision: Bentley
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2023 | Sold | -- |
Source: NTREIS #20391216 Report a problem | ||
| 10/3/2023 | Pending sale | $945,000$160/sqft |
Source: NTREIS #20391216 Report a problem | ||
| 9/27/2023 | Contingent | $945,000$160/sqft |
Source: NTREIS #20391216 Report a problem | ||
| 8/29/2023 | Price change | $945,000-0.5%$160/sqft |
Source: NTREIS #20391216 Report a problem | ||
| 7/27/2023 | Listed for sale | $950,000+228.7%$161/sqft |
Source: NTREIS #20391216 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,569 -10.3% | $205,170 -9.9% |
| 2024 | $5,092 +9.9% | $227,830 +12.8% |
| 2023 | $4,633 | $201,900 |
Find assessor info on the county website
Neighborhood: 75211
Nearby schools
GreatSchools rating
- 7/10L O Donald Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Zan Wesley Holmes Jr Middle SchoolGrades: 6-8Distance: 1.9 mi
- 2/10Justin F Kimball High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Donald
- Middle: Zan Wesley Holmes
- High: Kimball
- District: Dallas ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$633,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$633,900
- Texas
- Dallas County
- Dallas
- 75211
- 4027 Kernack St