Great investment opportunity to purchase a portfolio of five condominium units in the Richland Trace Condos community. The portfolio includes one studio (C301), two units with 1 bedroom and 1 bathroom each (I213 and I201), one unit with 2 bedrooms and 1 bathroom (E207), and one unit with 2 bedrooms and 2 bathrooms (I211). Conveniently located near Richland College, with strong rental potential. An excellent opportunity for investors looking to expand their rental portfolio. Buyer and buyer's agent to independently verify all information.
| Listing Id: | 21415166 |
|---|---|
| List Price: | $250,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Multiple Single Units |
| Status: | Active |
| Association Fee: | $1,581 |
| Unexempt Taxes: | $2,307 |
| Lot Size Square Feet: | 383,937.8400 |
| Lot Size Acres: | 8.814 |
| Waterfront?: | No |
| City: | Dallas |
| County Or Parish: | Dallas |
| Subdivision Name: | Richland Trace Condos |
| Postal Code: | 75243 |
| Year Built: | 2007 |
| Unit Count: | 5 |
| Accessibility Features Yn: | No |
| Appliances: | Dishwasher,Disposal,Dryer,Electric Cooktop,Refrigerator |
| Association Fee Frequency: | Monthly |
| Association Fee Includes: | Front Yard Maintenance, Maintenance Grounds, Maintenance Structure, Trash, Water |
| Association Type: | Mandatory |
| Basement Yn: | No |
| Building Area Source: | Public Records |
| Building Area Total: | 774.00 |
| Complex Name: | Richland Trace |
| Construction Materials: | Brick |
| Cooling: | Electric |
| Directions: | From Audelia Rd: take Walnut street east one block to Richland Trace condos, on your left. |
| Elementary School: | Audelia Creek |
| Elementary School Name: | Audelia Creek |
| Flooring: | Carpet, Laminate |
| Foundation Details: | Slab |
| Gross Annual Expenses: | $40,820 |
| Gross Annual Income: | $54,792 |
| Heating: | Electric |
| High School Name: | Berkner |
| Hoa Management Company: | wellington |
| Hoa Management Company Phone: | 214-855-5900 |
| Insurance Expense: | $4,933 |
| Interior Features: | Cable TV Available |
| Junior High School Name: | Liberty |
| Levels: | One |
| Listing Terms: | Cash, Conventional |
| Lot Size Area: | 8.8140 |
| Lot Size Units: | Acres |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Net Operation Income: | $13,972 |
| Number Of Buildings: | 12 |
| Number Of Parking Spaces: | 5 |
| Parking Features: | Assigned |
| Pool?: | Yes |
| Possession: | Closing/Funding |
| Postal Code Plus 4: | 8860 |
| Roof: | Composition |
| School District: | Richardson ISD |
| Smart Home Features Appor Pass Y: | 0 |
| Utilities: | City Sewer, City Water |
| Will Subdivide: | No |
| Year Built Details: | Preowned |
Listing Courtesy of: Elite4Realty, LLC
Listing Agent: Katsura Ito
469-885-7166
Mortgage Calculator
All listings featuring the 
icon are provided courtesy of North Texas Real Estate Information Systems, Inc. (NTREIS), Copyright 2026. All rights reserved.
All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
North Texas Real Estate Information Systems, Inc. data last updated on October 21, 2026 03:09 AM - CT
Property Last Updated: October 21, 2026 03:09 AM - CT
