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7152 Fair Oaks Avenue #1181, 
Dallas, TX 75231

$99,500


1

Bed


1

Bath


514

Sq Ft


Condo


Virtual Tour

Active

Listed by

Ronald Adam

eXp Realty LLC.

Last updated:

August 22, 2025, 11:45 AM

MLS#

20990534

Source:

GDAR

About This Home

7152 Fair Oaks Avenue #1181

*TURN-KEY INVESTMENT** Opportunity to acquire 1-3 highly performing, newly updated properties in the growing Midtown Improvement District of Dallas. With current, performing leases in place and capital improvements already completed, this property is an ideal addition to an existing rental portfolio or for someone seeking to establish one. Unit is operating at an 8.5% CAP Rate with low HOA dues and tenants responsible for their own utilities. Properties are located in an ideal location providing access to multiple highways, Dart Rail, shopping, restaurants and major healthcare facilities. The value add opportunity for this unit would be in the substantial investment from the City of Dallas through MID, with numerous planned improvements for the upcoming year that have already been approved and made public. Investments have already been made in two new schools (4 total), Vickery Park branch of the Dallas Public Library, parks, and the SOPAC trail which connects residents to Flag Pole Hill, White Rock Lake and Katy Trail. This benefit has already been realized in property values and rent rates over the last couple of years and with planned updates to the complex, as well, it should only continue to improve. Additional information can be found on the Midtown Improvement Districts website. This property can be purchased independently or as part of a three-unit package, with MLS# 20990566 and one additional unit that will is off market, but is available as part of a package deal.

Home Facts

Condo

1 Bath

1 Bedroom

Built in 1975

Price Summary

99,500

$193 per Sq. Ft.

MLS #:

20990534

Last Updated:

August 22, 2025, 11:45 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

514 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

514 Sq. Ft.

Year Built:

1975


Lot

Lot Size (Sq. Ft):

8


Finances & Disclosures

Finances

Price:

$99,500

Price per Sq. Ft:

$193 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated August 22, 2025 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Realty.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.