Cove Townhomes Listing Details & Market Data

514 E Belt Line Road, Desoto, TX 75115

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Highlights

  • 1980s Value-add Townhomes through continuing with the in-place upgrade program- modern paint, fixtures, flooring, cabinet fronts, backsplashes, counter-top resurface, and appliances
  • Competing properties achieving over $250/unit more with mid-tier amenities ($1,300 vs $1,550/unit)
  • Exceptionally high sub-market rent growth as reported by ALN; trailing 24-mos is 23.59% and trailing 12-mos 14.55% while CoStar reports 3-star assets in the area experienced rent growth of 9.4% YTD and are forecasting 6.2% growth by 2022 EOY
  • Owner recently completed significant deferred maintenance, including replacing plumbing (toilets and faucets), reducing the water bill by $2,000, and adding new roofs, fencing, awnings, and signage.
  • Expense saving opportunity by implementing Smart Technology Package
  • Superior location situated at the corner of E. Beltine Rd and Parks Dr. with over 20,000VPD traveled and frontage to West Middle School

Contacts

broker

Byron Griffith

GREA

(972) 432-7436

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (55)
  • Bike Score ®

    Somewhat Bikeable (38)
Powered by Walk Score ®
  • City DeSoto, TX
  • Neighborhood Highlands Estates
  • Zip Code 75115
  • Market Dallas Fort Worth

Points of Interest

  • UNT Dallas

    5.20 miles

  • Camp Wisdom

    6.33 miles

  • Ledbetter

    7.31 miles

  • VA Medical Center

    7.86 miles

  • Kiest

    8.56 miles

  • Westmoreland

    9.14 miles

  • Hampton

    9.50 miles

  • Illinois

    9.56 miles

  • Tyler/Vernon

    9.96 miles

  • Tom Thumb 3623 Fuel Station

    1.13 miles

  • QuikTrip

    1.27 miles

  • Murphy USA

    1.45 miles

  • 7-Eleven

    1.59 miles

  • Exxon

    1.64 miles

  • Chevron

    1.69 miles

  • Shell

    1.74 miles

  • Valero

    2.15 miles

  • Shell

    2.41 miles

  • 7-Eleven

    2.43 miles

  • Glenn Heights Park & Ride

    2.34 miles

  • Downtown Public Parking

    6.37 miles

  • Whataburger

    1.20 miles

  • Whataburger

    1.45 miles

  • Taco Bell

    1.49 miles

  • Chili's

    1.51 miles

  • In-N-Out Burger

    1.53 miles

  • IHOP

    1.56 miles

  • Luby's

    1.59 miles

  • Subway

    1.61 miles

  • McDonald's

    1.70 miles

  • Burger King

    1.73 miles

  • DeSoto East Middle School

    0.18 miles

  • DeSoto Alternative Education

    0.51 miles

  • Woodridge Elementary School

    0.81 miles

  • Amber Terrace Early Childhood Academy

    0.93 miles

  • Ruby Young Elementary School

    1.41 miles

  • Northside Elementary School

    1.50 miles

  • DeSoto High School

    1.56 miles

  • The Meadows Elementary School

    1.60 miles

  • DeSoto West Middle School

    1.79 miles

  • Rolling Hills Elementary School

    1.94 miles

  • Apple Tree Christian Academy

    9.10 miles

Contact Listing Broker

broker

Byron Griffith

GREA

(972) 432-7436