708 N MARSALIS, DALLAS, TX 75203

Homes for sale in Dallas.

Homes for sale in 75203.


708 N MARSALIS

Dallas, TX 75203

Status of the property has changed, please contact for details

List Price$1,600,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21203966

20

Bedrooms

20 full

Bathrooms

10,000

Square Feet

20

Number of Units

Multi-Unit Residential

Type

About This Property

Saint Francis Apartments is a 20 unit, classic courtyard-style community located on North Marsalis Avenue in the rapidly evolving North Oak Cliff neighborhood of Dallas. The property sits just one block from Lake Cliff Park, a historic and scenic urban green space featuring a tranquil lake, recreational amenities, and sweeping views of the Dallas skyline. Owned and operated by the same family for more than 25 years, Saint Francis presents a compelling opportunity for new ownership to enhance value through both physical improvements and operational efficiencies. Additionally, the property is situated within a designated Opportunity Zone. This designation allows investors to reinvest capital gains into a Qualified Opportunity Fund (QOF), providing the potential to defer taxes on those gains by improving the property. Average rents range from 700-800 all bills paid.

Property Features

Location Information

County

Dallas

Subdivision

Oak Cliff Original

Interior Features

Interior

Other

Floors

Carpet, Luxury Vinyl Plank

Full Baths

20

Appliances

Dishwasher

Has Fireplace

No

Total Number of Units

20

Heating

Other

Accessibility

ADA Compliant

Cooling

Electric

Exterior Features

Stories

2

Pool Description

None

Construction

Brick

Lot Size in Acres

0.42

Foundation

Pillar/Post/Pier

Lot Size in Sq. Ft.

18,295

Roof

Composition

Buildings

1

Water / Sewer

Electricity Connected

Building Total Area (Sq. Ft.)

10,000

Utilities

Electricity Connected

Is One Story

No

Parking Description

Concrete

School

Elementary School District

Dallas ISD

Jr. High School

Garcia

Elementary School

Bowie

High School

Adamson

Additional Information

Year Built Details

Preowned

Year Built

1958

Property Type

RI

Status

Active

Property SubType

Apartment

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$7,471

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$5,765

Monthly Tax

$1,333

Monthly Insurance

$373

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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