Contacts
Byron Griffith
GREA
(972) 432-7436
Property Details
- Property Type Other
- Units 14
- Year Built 1983
- Date Updated Apr 16, 2024
- Website covetownhomes.sharplaunch.com
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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
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Walk Score ®
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Bike Score ®
Location
- City DeSoto, TX
- Neighborhood Highlands Estates
- Zip Code 75115
- Market Dallas Fort Worth
Points of Interest
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UNT Dallas
5.20 miles
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Camp Wisdom
6.33 miles
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Ledbetter
7.31 miles
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VA Medical Center
7.86 miles
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Kiest
8.56 miles
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Westmoreland
9.14 miles
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Hampton
9.50 miles
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Illinois
9.56 miles
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Tyler/Vernon
9.96 miles
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Tom Thumb 3623 Fuel Station
1.13 miles
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QuikTrip
1.27 miles
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Murphy USA
1.45 miles
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7-Eleven
1.59 miles
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Exxon
1.64 miles
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Chevron
1.69 miles
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Shell
1.74 miles
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Valero
2.15 miles
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Shell
2.41 miles
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7-Eleven
2.43 miles
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Glenn Heights Park & Ride
2.34 miles
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Downtown Public Parking
6.37 miles
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Super 8
1.61 miles
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Best Western
1.92 miles
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Motel 6
2.02 miles
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Great Western Inn
2.09 miles
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Days Inn
2.31 miles
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Holiday Inn Express & Suites
2.33 miles
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Comfort Suites Desoto Dallas South
2.38 miles
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Magnuson Grand DeSoto
2.49 miles
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Hampton Inn And Suites
2.90 miles
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Sleep Inn Lancaster Dallas South
3.40 miles
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Tom Thumb 3623
1.09 miles
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Aldi
1.18 miles
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Walmart Neighborhood Market
1.29 miles
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Walmart Supercenter
1.58 miles
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Walmart Supercenter
1.97 miles
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Walmart Neighborhood Market
3.47 miles
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Fiesta Mart
3.56 miles
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Aldi
4.20 miles
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Walmart Supercenter
4.20 miles
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Brookshire's
4.39 miles
In-Depth Research Available for this Property
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Contact Listing Broker
Byron Griffith
GREA
(972) 432-7436