Property details
About 1234 Templecliff
Onyx Legacy Group is pleased to present Templecliff Apartments, a well-positioned multifamily asset in the heart of Dallas, Texas. This exceptional property offers an outstanding value-add opportunity for investors looking to acquire a stabilized asset with strong cash flow and significant upside potential. Built in 1961, Templecliff Apartments features 26 well-maintained units, providing a compelling combination of historical occupancy strength and room for revenue growth through strategic renovations and operational efficiencies. Nestled in a thriving submarket, Templecliff Apartments benefits from proximity to major employment centers, retail destinations, and sought-after entertainment venues, making it an attractive choice for tenants seeking affordability and convenience. With the continued growth of the Dallas-Fort Worth metro area, this property presents a unique chance to capitalize on rising rental demand while implementing thoughtful enhancements to boost long-term investment returns. The Dallas-Fort Worth metroplex continues to experience robust population growth, driving increased demand for quality rental housing. Recent economic developments, including major corporate relocations and infrastructure investments, have strengthened the local job market, attracting a diverse and expanding workforce. Large employers in the area include AT&T, Southwest Airlines, Bank of America, and the University of Texas Southwestern Medical Center, all contributing to a thriving business environment. Templecliff Apartments' location provides investors with a prime opportunity to benefit from this sustained expansion and the region’s strong rental market fundamentals. Additionally, the area's revitalization efforts and the planned mixed-use developments nearby are expected to further enhance property values and rental demand in the coming years.
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Summary
- MLS Number: 20868372
- MLS Name: NTR
- Office Name: Onyx Legacy Realty LLC
- Office Phone: (469) 806-0639
- Listing Agent: Mark Allen
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Last updated on: 3/13/2025, 3:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,200,000
1234 Templecliff
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Price information
Property sales
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Nearby schools
6
Henry B. Gonzalez Personalized Learning Academy
Public District EE-5
0.2 mi
•6610 Lake June Rd
7
Sylvia Mendez CREW Leadership Academy
Public District EE-5
0.4 mi
•1515 N Jim Miller Rd
7
Nathaniel Hawthorne Elementary School
Public District EE-5
1.1 mi
•7800 Umphress Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,557. The most common annual income of people living in Dallas, TX is less than $<35k. The most common type of family is married, with kids. Residents of this area typically have high school diploma education.
Frequently asked questions
About 1234 Templecliff
This home is located at 1234 Templecliff in Dallas, TX and zip code 75217 in the Pleasant Wood / Pleasant Grove neighborhood. Features: 30 bedrooms, 25 bathrooms. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $3,200,000.
In February 2025 more than 0 listings in Dallas, TX were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. Between January and February 2025, Dallas, TX real estate market has seen increase in the number of listings by 16.6%. Listings spent 33 days on the market in February 2025, and had a median list price of $267,500 during the same period.