3400 Spence St, Dallas, TX 75215

Description

*DOWN PAYMENT & CLOSING COST GRANT PROGRAM ELIGIBLE UP TO $17,000* Stunning, modern elegance & timeless finishes, Craftsman-style built in 1910 & fully renovated * Simple, symmetrical design, gabled roof & wood front porch * Sleek design w-high-end functionality * Open floor plan * Fashionable kitchen w-trendy green, shaker-style cabinets & gold knobs * Rev-a-shelf two-tier 24-in pie cut door mount lazy Susan corner base cabinet * White & gold veining quartz countertops & backsplash * Brushed gold high arc kitchen faucet * Under-mount double bowl brushed nickel stainless steel kitchen sink * Samsung 29 cu. ft. SS Bespoke 4-door French door refrigerator * Frigidaire Gallery over-range microwave, stylish full-width door * LG Gas Convection Smart Range * Aged brass 8-light kitchen chandelier * White, faux wood, cordless blinds * White paint throughout *Ceiling fans in living room & bedrooms * Windows 2025 * Recessed lighting * Light wood vinyl flooring * Ceramic tile in bathrooms * NO CARPET * Floor-to-ceiling marble tile fire place surround, flush-to-floor * Linear wall mount energy efficient electric fireplace, realistic flame effects, adjustable colors & brightness * Cozy & inviting living room * Stylish & sleek brushed gold door hardware * En-suite main bath w-modern black & gold linear light fixture, includes ultra modern Starry LED solid crystal-style glass bulbs * Gold framed bathroom mirrors * White ceramic pedestal sinks w-brushed gold center-set 2-handle high-arc faucet * Guest bath w-marble tile, recessed-open niche for essentials, brushed gold fixtures & soaking tub * Privacy gate, security fence & newly built cedar Pergola in backyard * White painted exterior w-trendy black roof * Full home renovation down to studs * Pier & beam foundation has been corrected * TOTAL TRANSFORMATION & MUST SEE! *
TENANT LEASE AGREEMENT THROUGH NOV 30, 2026 ($1,800 per month)
GROSS INCOME: $21,600
NET INCOME: $21,688
GROSS INC MULTIPLIER: 12.73
CAP RATE: 7.89%