Cove Townhomes

For Sale

514 E Belt Line Road, Desoto, TX 75115

This DeSoto property for sale is located at 514 E Belt Line Road.

Contacts

broker

Byron Griffith

GREA

(972) 432-7436

Property Details

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Highlights

  • 1980s Value-add Townhomes through continuing with the in-place upgrade program- modern paint, fixtures, flooring, cabinet fronts, backsplashes, counter-top resurface, and appliances
  • Competing properties achieving over $250/unit more with mid-tier amenities ($1,300 vs $1,550/unit)
  • Exceptionally high sub-market rent growth as reported by ALN; trailing 24-mos is 23.59% and trailing 12-mos 14.55% while CoStar reports 3-star assets in the area experienced rent growth of 9.4% YTD and are forecasting 6.2% growth by 2022 EOY
  • Owner recently completed significant deferred maintenance, including replacing plumbing (toilets and faucets), reducing the water bill by $2,000, and adding new roofs, fencing, awnings, and signage.
  • Expense saving opportunity by implementing Smart Technology Package
  • Superior location situated at the corner of E. Beltine Rd and Parks Dr. with over 20,000VPD traveled and frontage to West Middle School

Getting around

  • 55/100

    Walk Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City DeSoto, TX
  • Neighborhood Highlands Estates
  • Zip Code 75115
  • Market Dallas Fort Worth

Points of Interest

  • UNT Dallas

    5.20 miles

  • Camp Wisdom

    6.33 miles

  • Ledbetter

    7.31 miles

  • VA Medical Center

    7.86 miles

  • Kiest

    8.56 miles

  • Westmoreland

    9.14 miles

  • Hampton

    9.50 miles

  • Illinois

    9.56 miles

  • Tyler/Vernon

    9.96 miles

  • Tom Thumb 3623 Fuel Station

    1.13 miles

  • QuikTrip

    1.27 miles

  • Murphy USA

    1.45 miles

  • 7-Eleven

    1.59 miles

  • Exxon

    1.64 miles

  • Chevron

    1.69 miles

  • Shell

    1.74 miles

  • Valero

    2.15 miles

  • Shell

    2.41 miles

  • 7-Eleven

    2.43 miles

  • Glenn Heights Park & Ride

    2.34 miles

  • Downtown Public Parking

    6.37 miles

  • Super 8

    1.61 miles

  • Best Western

    1.92 miles

  • Motel 6

    2.02 miles

  • Great Western Inn

    2.09 miles

  • Days Inn

    2.31 miles

  • Holiday Inn Express & Suites

    2.33 miles

  • Comfort Suites Desoto Dallas South

    2.38 miles

  • Magnuson Grand DeSoto

    2.49 miles

  • Hampton Inn And Suites

    2.90 miles

  • Sleep Inn Lancaster Dallas South

    3.40 miles

  • Tom Thumb 3623

    1.09 miles

  • Aldi

    1.18 miles

  • Walmart Neighborhood Market

    1.29 miles

  • Walmart Supercenter

    1.58 miles

  • Walmart Supercenter

    1.97 miles

  • Walmart Neighborhood Market

    3.47 miles

  • Fiesta Mart

    3.56 miles

  • Aldi

    4.20 miles

  • Walmart Supercenter

    4.20 miles

  • Brookshire's

    4.39 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Byron Griffith

GREA

(972) 432-7436