Dallas, TX 75217 1234 Templecliff
$2,900,000



3 more




Presented By: Mark Allen with Onyx Legacy Realty LLC;
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Mark Allen with Onyx Legacy Realty LLC;
Interior Features for 1234 Templecliff
Bedrooms
Total Bedrooms30
Bathrooms
Total Baths25
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesOther
General for 1234 Templecliff
AccessibilityAccessibleEntrance
Additional Parcels Y/NNo
Attached Garage No
Cap Rate6.77
Carport Y/NNo
CityDallas
Construction MaterialsBrick
CoolingWindowUnits
CountyDallas
DirectionsGPS
Electric On Property Y/NNo
Elementary SchoolIreland
Elementary School DistrictDallas ISD
Full Baths25
Garage Y/NNo
Gross Income314631.0
HOANo
HeatingCentral
High SchoolSamuell
High School DistrictDallas ISD
Home Warranty Y/NNo
Insurance Expense26400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet52272.0
Lot Size UnitsAcres
Middle/Junior High SchoolHood
Middle/Junior School DistrictDallas ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-23T16:25:41.233-00:00
Net Operating Income196416.0
New ConstructionNo
Number Of Units Total26
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofFlat
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NamePleasant Wood
UtilitiesSewerAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1961
Year Built DetailsPreowned
Exterior for 1234 Templecliff
Building Area Total17340.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres1.2
Lot Size Area1.2
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAssigned, Asphalt, ElectricGate
SpaNo
Total Parking53.0
Water SourcePublic
Additional Details
Price History
Schools
Elementary School
Ireland Elementary School
High School
Samuell High School
Middle School
Hood Middle School

Suzanne Smith
Broker/Owner