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7126 Holly Hill Dr

Dallas, TX 75231
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Just listedJust listed
9 Bedroom(s)
9 Full Bath(s)
0.92 Lot Acres
Multi-Family - 5 Plus

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Description

Nine doors, fully leased, and dues that stay out of the way. Park Town is nine individually deeded condominiums offered as a single portfolio, one hundred percent occupied, producing $83,700 in gross scheduled income and net operating income of approximately $29,759 — a 6.2% return at list price, based on 2026 scheduled rents and 2026 assessed values. The dues are the reason. At $105 to $129 per unit per month, Park Town's assessments are a fraction of what condominium ownership usually costs. At list the portfolio prices near $83 per square foot — below every individual unit sale recorded in this community over the past eighteen months, which closed between $85.01 and $115.92 per foot. That is $52,778 a door against individual sales of $55,000, $57,000, $65,000 and $75,000. Nine separate deeds mean nine separate exits: hold the portfolio for income, finance in tranches, or release units to the retail market one at a time as leases roll. Two miles to NorthPark Center, three to SMU, and walking distance to the White Rock Creek Greenbelt and its miles of trails, with Central Expressway minutes away. Fourteen additional units at Copperrun, same street, available separately at $875,000 MLS #21376620— or take all 23 units for $1,300,000, a $50,000 savings, on simultaneous close. Rent roll, 2025 expense detail, association budget and closed comparables upon executed confidentiality agreement. Buyer to verify all income and expense figures, dues, rental policies, association unit count and assessments. Do not disturb tenants; showings by appointment through listing agent.

MLS#
NTREIS-21383596
List Price
$475,000
Listing Status
For Sale
Address
7126 Holly Hill Dr
City
Dallas
State
TX
Zip Code
75231
County
Dallas County
Subdivision
Parktown Collection Condos
Legal Description
PARKTOWN COLLECTION CONDOS BLK 5/5196 LOT 4 B
Property Type
Multi-Family - 5 Plus
Bedroom
9 Bedroom(s)
Bath
9 Full Bath(s)
Stories
2
Year Built
1983 /Appraisal District
Lot Size
0.92 Lot Acres/Appraisal District
Maintenance Fee
$118 / Monthly

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Aluminum Siding, Brick
Parking
Assigned, Covered
Utility
City Sewer,City Water

Financial information

Maintenance Fee
$118/Monthly
Maint Fee Includes
Maintenance Grounds

Interior

Floors
Carpet, Laminate
Cooling
Central Air, Electric
Heating
Central, Electric
Appliances
Electric Range
Interior
Pantry

Lot Information

Lot Size
0.92 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Sep 11, 2026 at 06:48 PM
Listing last updated Sep 11, 2026 at 08:19 PM
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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