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5209 Capitol Ave
Dallas, TX 75206
The Magnolia on Capitol · Multifamily Property For Sale
·
16 Units
Property Facts
| No. Units | 16 | Construction Status | Demolished |
| Property Type | Multifamily | Building Size | 10,920 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | Parking Ratio | 0.7/1,000 SF |
| Lot Size | 0.46 AC | ||
| Zoning | MF2A | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Construction Status | Demolished |
| Building Size | 10,920 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | MF2A |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Refrigerator
- Oven
Site Amenities
- Laundry Facilities
- Gated
- Laundry Service
About 5209 CAPITOL AVE , DALLAS, TX 75206
Magnolia Apartments is the best located asset for this submarket. The property is well located and is visible to those traveling along Henderson Avenue. The subject property offers an investor the opportunity to purchase a property in excellent condition with minimal deferred maintenance while increasing rents which are below market. The property' s exterior is attractive and compromised mainly of brick. Constructed in 1950 with a pier and beam foundation and pitched composite shingle roofs, units have hard wood flooring, countertops, fixtures and cabinets. Air conditioning is delivered via individual HVACS. Knox/Henderson Apartments is located just minutes from the Knox Street shopping district with notable retailers such as Apple, Chuy' s, Trader Joe' s and Restoration Hardware. Knox Street shopping district is bound by Knox Street, North Central Expressway, Armstrong Avenue and the Katy Trail.
Property Taxes
| Parcel Number | 00000192352000000 | Improvements Assessment | $14,785,180 |
| Land Assessment | $1,340,760 | Total Assessment | $16,125,940 |
Property Taxes
