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About This Home
This 3-bedroom, 3-bathroom single family at 2137 Sea Island Drive in Dallas, TX is listed for $250,000 ($111 per sqft). Built in 1965, the home offers 2,248 sqft of living space on a 0.19 acres lot.
Unique investment opportunity with a structured leaseback in place. The sale includes a mandatory leaseback to the current occupant, which is not optional, and the buyer must agree to the lease terms as part of the purchase. The lease is intended to be long-term, making this an ideal option for a buyer seeking stable, long-term income rather than immediate occupancy.
The transaction is subject to court approval for both the sale and the leaseback agreement, which may impact timing. Leaseback terms will be incorporated into the purchase contract, and buyers should be prepared to complete a background check as part of the approval process. The transaction process will be more structured than a typical sale due to third-party approvals.
There is no expectation of immediate major upgrades by the buyer, and rental payments are expected to be supported through an established financial structure.
Key Features
- Built in 1965
- 0.19 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2137 Sea Island Drive
Dallas, TX 75232
Glen Hills
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 3-bathroom single family at 2137 Sea Island Drive is listed at $250,000 ($111/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.19 acre lot, Fireplace. Interior Features: Paneling, Tile Counters. Exterior Features: Rain Gutters, Fence.
This property is listed by Nick Surguine and can be reached at 4693333114 or nick@surgerealestate.com.
