Waller Group is proud to present the Baxley Portfolio. This Single Family Residential portfolio consists of eight homes all located on Baxley St in Carrollton, TX. Originally built in 1952, these homes have been renovated and remodeled in the last 12 years to compete with newer inventory in the area at lower tax rates. All homes feature 2 bedrooms and 1 bath apx. 787SF.
This is strong cash flow opportunity in a strong submarket of Dallas. The portfolio is currently 100% occupied and has a monthly income of $11,488, with the ability to increase rents as leases turn and make $13,240/month. One of the neighboring properties, 1605 Baxley, recently closed for $228,000, proving the demand for residential housing in the submarket. The median household income within 1 mile is $53,598. These properties are just 0.7 miles from a DART station and walking distance to Historic Downtown Carrollton