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10500 Lake June Road

Dallas, TX 75217

$1,850,000

22 units · 1986

Units22
Building area24,107 sq ft
Year built1986
Gross income$317,400/yr
Cap rate17.16% as listed
Parking44 spaces
Lot size7.74 acres
TypeResidential Income

What it costs to own

TaxesNot provided by the listing
HOA$300 per month · PMI Notex Property Management Company
HOA fee coversInsurance, Maintenance Grounds, Maintenance Structure, Management Fees, Sewer, Water
Operating expenses$81,193 per year — as listed
Insurance$81,193 per year — as listed
Net operating income$317,400 per year — as listed

About this home

This is 22 condo units for sale all by the same owner. Each condo features 2 bedrooms with most units having 1.5 bath and some units have 2.5 baths. All the bedrooms are upstairs. Each unit has a fenced back porch with a storage closet. Each unit has 2 designated parking spots. The HOA dues include water, sewer, trash, and insurance for each unit, maintenance of grounds, maintenance of structure, and management fees. The owner will consider selling units in smaller groups with the minimum amount being 3 units. Owner Financing is available with 20% down at an 8% interest rate. Taxes will be the responsibility of the purchaser. Showings have to be scheduled with the owner and listing agent in advance.

The details

HeatingCentral, Electric, Fireplace(s)
CoolingCeiling Fan(s), Central Air, Electric
FlooringCarpet, Vinyl
AppliancesDishwasher, Electric Range
Interior featuresCable TV Available, High Speed Internet Available
Fireplace1 · Brick, Wood Burning

Construction materialsBrick, Siding
RoofComposition
FoundationSlab

FencingPrivacy, Wood
Water sourceCity Water
SewerCity Sewer
UtilitiesCable Available

SubdivisionCanterbury Crossing PH-I-VIII

ElementaryRunyon
Middle schoolFlorence
High schoolSamuell
DistrictDallas ISD

Gross income$317,400 per year
Operating expenses$81,193 per year
Insurance$81,193 per year
Cap rate17.16% — as listed
Net operating income$317,400 per year

MLS #21254904
Source
On the market7 days
CountyDallas

Around this home

One moment…

Everyday life

Nearest groceryEl Rio Grande · 0.2 mi
Nearest parkBitter Creek Park · 0.3 mi

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Listing courtesy of Epps Realty, LLC — Sara Cullen.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21254904. Information last updated May 6, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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