1117 Lakestream Drive, Plano

$2,400,000

20 Beds
0 Baths
14,050 Sqft
.21 Acres
9 Garages

Incredible investment opportunity to purchase a diverse portfolio of 4 tenant occupied homes in Plano, Dallas and Richardson! Currently occupied by a sober living facility, current owner is looking to sell and lease back for 5-10 years with increased rents to new owner. 7% cap rate minimally with a net income over $167,000 annually. Property values in DFW are projected to increase by 12%! Don't miss this opportunity. Addresses are 1117 Lakestream Drive 75075, 4445 Burnhill Drive, Plano TX 75074, 23 Grant Circle, Richardson TX 75081, 10219 Sunridge Trail, Dallas TX 75243. Do not disturb tenants.

Essential Information
MLS® #20055152
Price$2,400,000
Bedrooms20
Bathrooms0.00
Full Baths12
Half Baths4
Square Footage14,050
Acres0.21
Year Built1992
TypeResidential Income
Sub-TypeMulti Family
StatusActive
Community Information
Address1117 Lakestream Drive
SubdivisionCreekbend Estates Ph 1
CityPlano
CountyCollin
StateTX
Zip Code75075-2297
Amenities
UtilitiesCity Sewer, City Water
Parking Spaces9
# of Garages9
GaragesGarage
Interior
HeatingCentral, Natural Gas
Interior Features

Cable TV Available, High Speed Internet Available, Sound System Wiring, Vaulted Ceiling(s), Flat Screen Wiring

Exterior
RoofComposition
ConstructionConcrete
FoundationSlab
School Information
DistrictPlano ISD
ElementaryHarrington
MiddleCarpenter
Listing Details
AgentSelden Tual
OfficeRogers Healy and Associates
Property History
Price Reduced from $2,950,000 to $2,400,000
Status Changed from Active Under Contract to ActivePrice Reduced from $3,200,000 to $2,950,000
Status Changed from Active to Active Under Contract
Price Reduced from $3,500,000 to $3,200,000
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 1117 Lakestream Drive, Plano, TX

Photo of Listing #20048125

7 Ray Drive, Denison

$2,975,000 - 42 Beds

MLS® # 20048125

Photo of Listing #20048233

1 Washington Street, Denison

$2,125,000 - 30 Beds

MLS® # 20048233

Photo of Listing #20048203

5 Washington Street, Denison

$2,125,000 - 30 Beds

MLS® # 20048203

Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on October 2nd, 2022 at 3:01pm CDT.