About this property

Long term tenant in place with a lease ending in May 2027 and, currently renting above market average ($2075), the tenant wants to continue staying long term. This is an instant income producing property with no make ready necessary. This property has been owned by the same investors since 2007 and is managed by a professional local property management company with detailed maintenance and payment records available for review. Located in a highly desirable area, this property historically has a low vacancy rate. It has been well maintained due to diligent maintenance by the owner and property management company. The kitchen has been updated, the HVAC is serviced bi-anually, and the main living spaces have classic durable tile floors. Being single story on a cul-de-sac adds to its rental appeal. Wheeler Ridge is zoned to desirable schools and is full of community amenities including parks, playgrounds, basketball courts, walking trails, catch and release fishing, and a community pool. DFW airport is a 25 minute drive. The neighborhood is adjacent to a Sprouts, Kroger with a gas station, Starbucks, dentist, daycares, restaurants, and so much more! The University of North Texas, Texas Women's University, and North Central Texas College are all around a 10 minute drive. Plus the Unicorn Lake entertainment and medical district is 8 minutes away.