TX
Dallas
Dallas
75231
7126 Holly Hill Drive
7126 Holly Hill Drive, Dallas, TX 75231
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Listing Type
other
Listing Status
Active
15
$475,000

Home Details for 7126 Holly Hill Drive

Price
$475,000
Type
Residential Income
Bedrooms
9
Total Bathrooms
9
Full Bathrooms
9
Year built
1983
Lot size acres
0.918
County
Dallas
MLS Listing#
21383596
Hoa
118
Property Description

Nine doors, fully leased, and dues that stay out of the way. Park Town is nine individually deeded condominiums offered as a single portfolio, one hundred percent occupied, producing $83,700 in gross scheduled income and net operating income of approximately $29,759 — a 6.2% return at list price, based on 2026 scheduled rents and 2026 assessed values. The dues are the reason. At $105 to $129 per unit per month, Park Town's assessments are a fraction of what condominium ownership usually costs. At list the portfolio prices near $83 per square foot — below every individual unit sale recorded in this community over the past eighteen months, which closed between $85.01 and $115.92 per foot. That is $52,778 a door against individual sales of $55,000, $57,000, $65,000 and $75,000. Nine separate deeds mean nine separate exits: hold the portfolio for income, finance in tranches, or release units to the retail market one at a time as leases roll. Two miles to NorthPark Center, three to SMU, and walking distance to the White Rock Creek Greenbelt and its miles of trails, with Central Expressway minutes away. Fourteen additional units at Copperrun, same street, available separately at $875,000 MLS #21376620— or take all 23 units for $1,300,000, a $50,000 savings, on simultaneous close. Rent roll, 2025 expense detail, association budget and closed comparables upon executed confidentiality agreement. Buyer to verify all income and expense figures, dues, rental policies, association unit count and assessments. Do not disturb tenants; showings by appointment through listing agent.

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Parking
    • Assigned
    • Covered
  • Water Features
    • Public
  • House Interior
    • Pantry
School Information
School Information for 7126 Holly Hill Drive, Dallas, TX 75231
Elementary School
Jack Lowe Sr
Middle School
Tasby
High School
Conrad
Listing Courtesy: League Real Estate - 817-523-9113
Presented by: Deborah Byrd
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-09-11 19:20:25
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Office
817 925 5503
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