North Texas Real Estate Information Systems, Inc.
Property Details
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Richard Scheurer,  CMS Strategic Partners, LLC
CMSS01
Attribution Contact: 214-874-0902
2303 Spencer Court, Dallas, Texas 75208, USA
List Price: $4,695,000
Sale price per sqm: 1,930.5 $
Status: ACT
MLS#: 21292265
Property Type: Residential For Sale, Multi-Family, Multi Family
Property Size: 26,178 sqft (2,431.936 m2)
Land size: 1 sqft (0.09 m2)
Building Size: 26,178 sqft (2,431.9 m2)
Rooms
  • 18 bedrooms
  • 18 full baths
  • 14 half baths
Property Details
2020 Year Built:
Building or Complex name: 707 Commerce Location:
Concrete/Block, Siding Construction:
Siding, Wood Exterior Description:
Resale Condition:
Dishwasher, Cooktop - Electric, Oven-Electric, Disposal, Dryer Appliances:
Garage Property Features:
Ceramic tile, Concrete Floors:
City Water, City sewer Utilities:
Central Heating System:
Central Cooling System:
Cable Available, Broadband internet access Telecommunication:
Flat Roof type:
Parking / Garage
30 Number of parking spaces:
Assigned Space Parking type:
16 Garage Spaces:
20 x 10 Garage Dimensions:
Attached Garage Garage Description:
School Information
294 School District:
Peeler Elementary School:
West Dallas Junior High School:
Pinkston High School:
Remarks
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.

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