Dallas, TX 75211 4025-4031 Mathers Court
$550,000



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Presented By: Jonathan Krebbs with The Multifamily Group; 972-379-9843
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Please reach out to the listing company The Multifamily Group to set up a tour
The Multifamily Group is pleased to present the exclusive offering of the Mather Ct
5Plex in Dallas, Texas. Constructed in 1942, the property comprises four units within
a single structure each 725-745 SF, as well as an additional unit from a garage
conversion that is 480 SF. Every unit has one-bedroom and one-bathroom. The roof
is less than 6 years old, the wiring is copper, the sewer line is cast iron and the water line is
copper.
Located in the culturally rich Oak Cliff area, known for its diverse community and
proximity to downtown Dallas. The median household income in a 3-mile radius is
approximately $59,000, with a population of around 120,000 residents (Yardi). The
demand for affordable housing in the area presents a promising prospect for future
rental income. The property is being offered free and clear of existing debt.
Presented By: Jonathan Krebbs with The Multifamily Group; 972-379-9843
Interior Features for 4025-4031 Mathers Court
Bedrooms
Total Bedrooms5
Bathrooms
Total Baths5
Other Interior Features
FlooringCeramic Tile
Interior FeaturesCable TV Available
Lock Box TypeNone
Total Units5
Unit Count
General for 4025-4031 Mathers Court
# of Buildings2
Accessory Unit TypeAccessory Dwelling Unit (ADU)
Accessory Unit Y/NYes
AppliancesRefrigerator
Capitalization Rate7.85
CityDallas
Complex NameMather Ct 5Plex
Construction MaterialsBrick, Vinyl Siding
CoolingCentral Air, Wall Unit(s)
CountyDallas
Directions4025 Mather Ct, Dallas, TX 75211
Elementary SchoolRosemont
Elementary School NameRosemont
Full Baths5
Gross Annual Expenses3606.24
HOA TypeNone
HeatingElectric
High SchoolSunset
Insurance Expense1710
LevelsTwo
Listing TermsCash, Contact Agent, Contract, Conventional
Pool Y/NNo
Possession30-60 Days
Property SubtypeApartment
Property TypeResidential Income
RoofComposition, Shingle
School DistrictDallas ISD
Standard StatusActive
StatusActive
Subdivision Name4DSD79
UtilitiesAsphalt, City Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1942
Year Built DetailsPreowned
Exterior for 4025-4031 Mathers Court
Attached Garage Y/NNo
Building Area Total3420.00
Foundation Slab
Garage Y/NNo
Lot Size Acres0.0785
Lot Size Area3420.0000
Lot Size Square Feet3420.0000
Lot Size UnitsSquare Feet
Number Of Parking Spaces10
Parking FeaturesAsphalt, Gravel
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Rosemont Elementary School
High School
N/A

Suzanne Smith
Broker/Owner