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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1414 Record Crossing Rd , Dallas, TX 75235
$650,000
Est. Payment: $3,650.88/mo
9 Bed
6 Bath
3680 Sqft
0.22 Acres
Status: active | Days on site: 10
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PCHR01 - 0645385
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House Description

INVESTOR OPPORTUNITY – FULLY OCCUPIED TRIPLEX WITH IMMEDIATE CASH FLOW AND LONG-TERM UPSIDE! Built in 2004 and located in Dallas' renter-driven 75235 corridor, this full triplex includes three income-producing units – 1414A, 1414B and 1416 Record Crossing – all currently leased and generating a combined $4,585 per month, or $55,020 in scheduled gross annual rent. The newer construction is an added advantage for investors looking to avoid some of the challenges often associated with older multifamily properties. The numbers make this location particularly attractive for a buy-and-hold investor. Approximately 75% of occupied households in 75235 are renter-occupied, while roughly 90% of the area's housing units are occupied. Current rents range from $1,495 to $1,595 per unit, providing established income from day one with potential opportunity for future rent growth as leases turn and market conditions allow. Current market data places median rent in 75235 around $1,663 per month, giving investors another reason to evaluate the property's future income potential. The long-term story may be even more compelling. Record Crossing sits in Dallas' major medical and employment corridor, near UT Southwestern Medical Center, Parkland Memorial Hospital and Children's Medical Center, with convenient access to Love Field, Downtown Dallas and major highways. This concentration of healthcare, employment and transportation infrastructure provides a strong economic anchor for the surrounding rental market. Three units. Three existing tenants. $55,020 in scheduled gross annual rent. For investors looking for immediate income, diversified rent across multiple units and long-term appreciation potential in a heavily renter-occupied Dallas submarket, 1414 Record Crossing deserves a closer look. Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

Highlights

Listed by Riann Emch , Orchard Brokerage , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.22

Year Built

2004

County

Dallas

Neighborhood

Arlington Park Estates Sec 04

School District

Dallas ISD

Listing ID

21395111

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:6
Appliances:Dishwasher, Disposal, Microwave
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Ceramic Tile,Terrazzo
Other:
  • ▪ Additional:Decorative Lighting, Open Floorplan

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Garage Capacity:10
Roof:Composition
Others:
  • ▪ Additional:Rain Gutters, Lighting, Preowned
Parking Features:Garage Faces Rear,Off Street
Principal Interest
$3,651
Taxes
$1,138

Home Price

$650,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,650.88

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,650.88 $1,138.00 $0.00 $4,788.88
Yearly $43,810.59 $13,656.00 $0.00 $57,466.59
Total $1,314,317.56 $409,680.00 $0.00 $1,723,997.56

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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Market insight data is pulled from the same city as the listing being viewed (Dallas, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-11T06:04:59.563Z

© 2026 North Texas Real Estate Information Systems