Laurie Zimmerman
(254) 722-2828
(254) 722-2828
BEDS18
BATHS18 full 14 partial
SQUARE FEET26,178
MLS#21292265
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDallas ISD
Property Description
707 Commerce Townhomes offers a rare adaptive-use investment opportunity in a rapidly evolving urban corridor. The property consists of a fully vacant 16 unit townhome community that can be strategically repositioned as a multifamily rental asset or sold individually as fee-simple townhome units. With complete vacancy, investors gain immediate operational control and the flexibility to execute lease-up strategies, phased unit sales, or a full redevelopment vision without tenant displacement or legacy management issues. The property is currently undergoing a comprehensive renovation program that will deliver best-in-class finishes, modernized systems, and upgraded amenities designed to meet the expectations of today’s urban renter or homeowner. Pictures do not represent current condition. The asset presents a compelling value-add opportunity with multiple exit strategies in a high-growth market supported by strong long-term demand drivers.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 16 car attached
Heating: Central
Lot Size: 1.00 Acres
Roof Type: Flat
Year Built: 2020
Amenities
Cable TV Available
Eat-in Kitchen
High Speed Internet Available
Feature Descriptions
Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater
Days on Site: 6
Exterior: Board & Batten Siding, Concrete, Siding, Wood
Flooring: Ceramic Tile, Concrete, Luxury Vinyl Plank
Parcel#: 004004000A0090000
Parking: Additional Parking, Assigned
Parking Notes: Additional Parking, Assigned
Security: Fire Alarm
Units: 16
Utilities: All Weather Road, City Sewer, City Water, Concrete, Electricity Available, Electricity Connected
Local Schools
Elementary School: Peeler
School District: Dallas ISD
Listed By / Shown By
Listed By
Agency Name: CMS Strategic Partners, LLC
Agency Contact: 214-874-0902
Agent Name: Richard Scheurer
Shown By
Agent Name: Laurie Zimmerman
Agent Phone: (254) 722-2828
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 11,818.41 per month $10,449.03 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,369.38 Homeowner's InsuranceChange Payment Information
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2303 Spencer Court | MLS# 21292265
This multi-family property located at 2303 Spencer Court, Dallas, TX 75208 is currently listed for sale with an asking price of $4,695,000. Spencer Court is located within the Dallas ISD school district. Search Dallas real estate on lauriezimmerman.kellyrealtors.com today.