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Fully Leased SFR Investment Portfolio 3 Specialty Properties Offered at $834,900 in Multiple Locations



INVESTMENT HIGHLIGHTS
- extremly desireable neighborhoods all 3 are leased at market rent rates
EXECUTIVE SUMMARY
Here’s a curated summary of three turnkey investment properties in the Dallas area—each currently leased, well-maintained, and generating immediate rental income.
1. 4625 Kyle Drive, Balch Springs, TX 75180
* **Price**: $190,000
* **Size**: 3 beds, 2 baths, 1,105 sq ft
* **Year Built**: 1972
* **MLS**: #21053154
This charming single-story ranch is occupied by a long-term tenant who has resided here for 19 years with a consistent payment history. The home boasts a spacious layout, well-maintained interior, and a generous backyard. Located just steps from a neighborhood park, it offers recreational amenities for tenants and families. Balch Springs is experiencing steady growth and development, with easy access to shopping, dining, major highways, and nearby employment centers, making it an attractive area for renters.
2. 3230 High Vista Drive, Dallas, TX 75234
* **Price**: $325,000
* **Size**: 3 beds, 2 baths, 1,230 sq ft
* **Year Built**: 1961
* **MLS**: #21053076
This solid 3-bedroom, 2-bath ranch in the heart of Dallas is a turnkey income-producing property. Currently leased and generating reliable rental income, this home offers immediate cash flow with zero downtime. Situated on a quiet street with easy access to I-635, schools, shopping, and employment centers, it's perfectly positioned for long-term appreciation.
3. 2020 Cranberry Court, Mesquite, TX 75181
* **Price**: $299,900
* **Size**: 4 beds, 2 baths, 1,952 sq ft
* **Year Built**: 2014
* **MLS**: #21066133
This gorgeous two-story townhouse is in like-new condition and currently leased, offering immediate rental income for the next owner. The open-concept floor plan showcases a stylish granite kitchen that flows into the living and breakfast areas—perfect for today’s lifestyle. Located in the Villages of Falcon’s Lair, this property is situated in a desirable neighborhood, making it an attractive option for renters.
Investor Package Deal
For investors seeking to acquire multiple properties, these three homes offer a combined package price of **$835,900**. Each property is currently leased and well-maintained, providing immediate rental income and potential for long-term appreciation in their respective neighborhoods
Property Links
* [4625 Kyle Drive, Balch Springs, TX](https://www.zillow.com/homedetails/4625-Kyle-Dr-Balch-Springs-TX-75180/26940811_zpid/)
* [3230 High Vista Drive, Dallas, TX](https://www.zillow.com/homedetails/3230-High-Vista-Dr-Dallas-TX-75234/26813190_zpid/)
* [2020 Cranberry Court, Mesquite, TX](https://www.zillow.com/homedetails/2020-Cranberry-Ct-Mesquite-TX-75181/96527706_zpid/)
These properties present a rare opportunity to own turnkey investment homes in high-demand rental markets. With reliable tenants in place and no immediate repairs needed, they offer a hassle-free addition to any real estate portfolio.
1. 4625 Kyle Drive, Balch Springs, TX 75180
* **Price**: $190,000
* **Size**: 3 beds, 2 baths, 1,105 sq ft
* **Year Built**: 1972
* **MLS**: #21053154
This charming single-story ranch is occupied by a long-term tenant who has resided here for 19 years with a consistent payment history. The home boasts a spacious layout, well-maintained interior, and a generous backyard. Located just steps from a neighborhood park, it offers recreational amenities for tenants and families. Balch Springs is experiencing steady growth and development, with easy access to shopping, dining, major highways, and nearby employment centers, making it an attractive area for renters.
2. 3230 High Vista Drive, Dallas, TX 75234
* **Price**: $325,000
* **Size**: 3 beds, 2 baths, 1,230 sq ft
* **Year Built**: 1961
* **MLS**: #21053076
This solid 3-bedroom, 2-bath ranch in the heart of Dallas is a turnkey income-producing property. Currently leased and generating reliable rental income, this home offers immediate cash flow with zero downtime. Situated on a quiet street with easy access to I-635, schools, shopping, and employment centers, it's perfectly positioned for long-term appreciation.
3. 2020 Cranberry Court, Mesquite, TX 75181
* **Price**: $299,900
* **Size**: 4 beds, 2 baths, 1,952 sq ft
* **Year Built**: 2014
* **MLS**: #21066133
This gorgeous two-story townhouse is in like-new condition and currently leased, offering immediate rental income for the next owner. The open-concept floor plan showcases a stylish granite kitchen that flows into the living and breakfast areas—perfect for today’s lifestyle. Located in the Villages of Falcon’s Lair, this property is situated in a desirable neighborhood, making it an attractive option for renters.
Investor Package Deal
For investors seeking to acquire multiple properties, these three homes offer a combined package price of **$835,900**. Each property is currently leased and well-maintained, providing immediate rental income and potential for long-term appreciation in their respective neighborhoods
Property Links
* [4625 Kyle Drive, Balch Springs, TX](https://www.zillow.com/homedetails/4625-Kyle-Dr-Balch-Springs-TX-75180/26940811_zpid/)
* [3230 High Vista Drive, Dallas, TX](https://www.zillow.com/homedetails/3230-High-Vista-Dr-Dallas-TX-75234/26813190_zpid/)
* [2020 Cranberry Court, Mesquite, TX](https://www.zillow.com/homedetails/2020-Cranberry-Ct-Mesquite-TX-75181/96527706_zpid/)
These properties present a rare opportunity to own turnkey investment homes in high-demand rental markets. With reliable tenants in place and no immediate repairs needed, they offer a hassle-free addition to any real estate portfolio.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
$90,960
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$90,960
|
| Taxes |
$12,614
|
| Operating Expenses |
$9,370
|
| Total Expenses |
$21,984
|
| Net Operating Income |
$68,976
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $90,960 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $90,960 |
| Taxes | |
|---|---|
| Annual | $12,614 |
| Operating Expenses | |
|---|---|
| Annual | $9,370 |
| Total Expenses | |
|---|---|
| Annual | $21,984 |
| Net Operating Income | |
|---|---|
| Annual | $68,976 |
PROPERTY FACTS
| Price | $834,900 | Number of Properties | 3 |
| Price / SF | $194.75 / SF | Individually For Sale | 0 |
| Cap Rate | 10.01% | Total Building Size | 4,287 SF |
| Sale Type | Investment | Total Land Area | 0.42 AC |
| Status | Active |
| Price | $834,900 |
| Price / SF | $194.75 / SF |
| Cap Rate | 10.01% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 4,287 SF |
| Total Land Area | 0.42 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 4625 Kyle Dr, Balch Springs, TX 75180 | Specialty | 1,105 SF | 1972 | - |
| 3230 High Vista Dr, Dallas, TX 75234 | Specialty | 1,230 SF | 1961 | - |
| 2020 Cranberry Ct, Mesquite, TX 75181 | Specialty | 1,952 SF | 2014 | - |
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