Dallas, TX 75243 12480 Abrams Road

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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 20944842
  • 05/23/2025
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Presented By: Lynette Anson Briggs with Rainbow Realtors; 469-366-4943
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • Beds • 1
  • Baths • 1
  • Year Built • 1982

Home Details

Turnkey Investment Condo Near Richland College - Unit #2801 Welcome to this income-generating, move-in-ready condo ideally located near Richland College. This well-maintained unit features an open floor plan with a convenient serving counter that seamlessly connects the kitchen to the spacious living area—perfect for entertaining or everyday living. The kitchen is outfitted with modern amenities including marble countertops, a built-in microwave, refrigerator, dishwasher, electric range, and a stylish tile backsplash. Light tile flooring enhances the contemporary, clean look throughout the main areas. Enjoy the cozy living area with a fireplace and sliding glass doors that lead to a covered back patio—great for relaxing outdoors. The spacious bedroom offers a ceiling fan and a private ensuite bathroom for added comfort and privacy. Currently rented at $1,145 a month to a long-term tenant who is vacating at the end of the month, this unit is positioned for immediate rental income potential. With area rental comps ranging from $1,200 to $1,300 a month, it’s a strong opportunity for steady cash flow. Community Amenities Include: • Assigned covered parking • Tennis courts • Swimming pool • Professional management with low HOA dues This is an ideal opportunity for investors looking for low-maintenance, reliable income in a sought-after location.
Presented By: Lynette Anson Briggs with Rainbow Realtors; 469-366-4943

Interior Features for 12480 Abrams Road

Bedrooms

Total Bedrooms1

Bathrooms

Half Baths0
Total Baths1

Other Interior Features

Basement Y/NNo
Fireplace FeaturesLiving Room, Wood Burning
Fireplaces Total1
FlooringTile, Vinyl
Interior FeaturesCable TV Available, High Speed Internet Available, Pantry, Walk-In Closet(s)
Lock Box TypeBlue iBox
Total Units1
Unit Count1

General for 12480 Abrams Road

# of Buildings1
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
Assoc Fees236
Association Fee FrequencyMonthly
Capitalization Rate8.73
Carport Spaces1
CityDallas
Complex NameCreekbend Condominiums
Construction MaterialsBrick, Stucco
CoolingCeiling Fan(s), Central Air, Electric, Window Unit(s)
CountyDallas
DirectionsFrom Interstate 635 Service Rd, turn right onto Abrams Rd then turn right onto Burninglog Ln. Turn right into Creekbend Condominiums entrance. Turn right then left then right again and Building #28
Elementary SchoolAikin
Elementary School NameAikin
Full Baths1
Gross Annual Expenses2832.00
HOA Fee IncludesFull Use of Facilities, Insurance, Maintenance Grounds, Management Fees, Security, Sewer, Trash, Water
HOA TypeMandatory
HeatingCentral, Electric
High SchoolLake Highlands
Insurance Expense750
Junior High SchoolForest Meadow
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Number of Garage Spaces0
Pool Y/NYes
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictRichardson ISD
Security FeaturesGated Community, Security Guard, Security Lights, Smoke Detector(s)
Standard StatusActive
StatusActive
Subdivision NameCreekbend Condo Ph 01-06
Unexempt Taxes3083
UtilitiesCity Sewer, City Water, Concrete, Curbs, Master Water Meter, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1982
Year Built DetailsPreowned

Exterior for 12480 Abrams Road

Building Area Total731.00
Covered Spaces1
Exterior FeaturesCovered Patio/Porch
FencingWood
Foundation Slab
Garage Y/NNo
Lot SizeCondo/Townhome Lot
Lot Size Acres17.9900
Lot Size Area17.9900
Lot Size Square Feet783644.4000
Lot Size UnitsAcres
Number Of Parking Spaces1
Parking FeaturesAssigned, Covered, Gated, On Site, Parking Lot, Paved
Pool FeaturesFenced, In Ground

Additional Details

Price History

Schools

Elementary School Aikin Elementary School
Middle School N/A
High School N/A

Suzanne Smith

Broker/Owner
Price $124,900
MLS#20944842
List Date 05/23/2025
Property Type Multi-Family
Phone 903.235.4216
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