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About This Home

This 18-bedroom, 32-bathroom residential multi family at 2303 Spencer Court in Dallas, TX is listed for $4,695,000 ($179 per sqft). Built in 2020, the home offers 26,178 sqft of living space on a 1.00 acres lot.

Agent Description

707 Commerce Townhomes offers a rare adaptive-use investment opportunity in a rapidly evolving urban corridor. The property consists of a fully vacant 16 unit townhome community that can be strategically repositioned as a multifamily rental asset or sold individually as fee-simple townhome units.

With complete vacancy, investors gain immediate operational control and the flexibility to execute lease-up strategies, phased unit sales, or a full redevelopment vision without tenant displacement or legacy management issues. The property is currently undergoing a comprehensive renovation program that will deliver best-in-class finishes, modernize

d systems, and upgraded amenities designed to meet the expectations of today's urban renter or homeowner. Pictures do not represent current condition. The asset presents a compelling value-add opportunity with multiple exit strategies in a high-growth market supported by strong long-term demand drivers.

Key Features

  • Built in 2020
  • 1.00 acre lot
  • 3 stories
  • 30 parking spaces

Property Details

3 stories
18 full, 14 half
30 spaces
2020

Amenities

A/C

Monthly Cost Estimate

$25,110/mo

20% down · 6.5% · 30 years

Principal$3,395
Interest$20,345
Insurance$1,369

Estimates only. Actual payments may vary.

Location

2303 Spencer Court

Dallas, TX 75208

707 Commerce

Features & Amenities

Interior Features

EatInKitchenHighSpeedInternetCableTv

Property Details

Flooring

VinylTileConcrete

Construction

BoardAndBattenSiding Concrete WoodSiding

Parking

Assigned

Heating

Central

Cooling

Central Air

Appliances

DryerDishwasherElectricCooktopElectricOvenElectricWaterHeaterDisposal

Questions & Answers

This 18-bedroom, 32-bathroom residential multi family at 2303 Spencer Court is listed at $4,695,000 ($179/sqft). The estimated monthly payment is $20,345 based on 20% down at 6.5% interest.

Key features include: Built in 2020, 1.00 acre lot, 3 stories, 30 parking spaces. Interior Features: EatInKitchen, HighSpeedInternet, CableTv.

This property is listed by Richard Scheurer and can be reached at (214) 558-7199.

RS

Richard Scheurer

Agent at CMS Strategic Partners, LLC

(214) 558-7199

Listed by CMS Strategic Partners, LLC · View on Broker Site

MLS# 21292265· Source: listhub· Updated today

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2303 Spencer Court, Dallas, TX 75208

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