3 Beds
1 Bath
1,623 SqFt
3 Beds
1 Bath
1,623 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,623 sqft
Price per Sqft $153
Subdivision Mary H Lovern
MLS Listing ID 21262178
Style Traditional,Detached
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1960
Annual Tax Amount $5,592
Lot Size 9,169 Sqft
Acres 0.2105
Property Sub-Type Single Family Residence
Property Description
Investor opportunity in Cedar Hill! 161 Hood St is being offered, either as a separate purchase, or together with 163 Hood St and 309 S Main St.
Current scheduled rents: $4,800 monthly, $57,600 annually. Staggered lease expirations through 2026–2027. Current gross rent multiplier: approx. 12.7x at list price. Buyer to verify taxes, insurance, expenses, lease terms, condition, and future rent potential.
161 Hood features an occupied single-family rental with in-place lease income and a rear shed area that includes a one-bedroom apartment setup. For the right investor, additional improvements such as plumbing updates, utility separation, split meter work, and any required permits or approvals may create an opportunity to further improve income potential.
P&L statements for the last 12 months, seller disclosures, leases, and additional portfolio documents are available in MLS supplements. Buyer and buyer's agent to verify all details.
Rear shed or workshop contains a one-bedroom apartment setup; seller makes no representation regarding permitted status, separate utility capability, habitability, or future rent potential. Buyer to perform all due diligence. Showings to be coordinated with tenant notice and or as agreed by seller.
Being sold individually or as a package alongside #21262206 and #21262052
Location
State TX
County Dallas
Direction Leave from N Highway 67. Turn right onto Hood St. Home is on the Right.
Interior
Interior Features High Speed Internet, Cable TV
Heating Central, Natural Gas
Cooling Central Air, Ceiling Fan(s), Electric, Roof Turbine(s)
Flooring Hardwood, Laminate, Vinyl
Fireplace No
Appliance Gas Cooktop, Gas Oven, Gas Water Heater
Exterior
Parking Features Attached Carport, Unpaved
Carport Spaces 2
Fence Chain Link
Pool None
Utilities Available Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
Water Access Desc Public
Roof Type Shingle
Street Surface Asphalt
Garage No
Building
Lot Description Level, Few Trees
Dwelling Type House
Foundation Pillar/Post/Pier, Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Highpointe
Middle Schools Besse Coleman
High Schools Cedar Hill
School District Cedar Hill Isd
Others
Senior Community No
Tax ID 16030500000090000
Security Features Carbon Monoxide Detector(s),Fire Alarm
Acceptable Financing 1031 Exchange, Other
Listing Terms 1031 Exchange, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21262178
GET MORE INFORMATION