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4021 Cole Avenue #204

Dallas, TX 75204

$280,000

1 units · 1963

Units1
Building area1,030 sq ft
Year built1963
Gross income$22,800/yr
Cap rate1.44% as listed
Parking1 spaces
Lot size1.15 acres
TypeApartment

What it costs to own

Taxes$4,243 per year
HOA$490 per month · Central Park Condominium Association
HOA fee coversElectricity, Full Use of Facilities, Gas, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Utilities, Water
Operating expenses$18,780 per year — as listed
Insurance$1,424 per year — as listed
Net operating income$4,020 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

INVESTORS - this unit can be purchased individually or in combination with 4011 Cole Ave #113 Dallas, TX 75204 MLS#21269708. Condos are located in buildings next door to each other and are managed by the same HOA and are for sale by the same Owner. LOCATION truly sets this property apart. Situated directly across from Cole Park, residents enjoy immediate access to sports courts, walking trails, playgrounds, open green space, and pet-friendly areas. The Katy Trail access point at Cambrick Street is less than 0.3 miles away, offering exceptional walkability and outdoor convenience. LESS THAN 3mi FROM SMU. This 2 story, 2 bedroom 1.5 bath condo with gated, assigned, covered parking for 2 vehicles is Priced to Sell! Downstairs features a spacious living room, kitchen, half bath and open-slatted stairs to allow for plenty of natural light and a sense of cohesiveness. Right off the dining area is a glass slider with access to the deck. The deck is surrounded by a wooden privacy fence allowing you to create your personal outdoor oasis. Upstairs features the full size stackable laundry area and 2 bedrooms, which are located on opposite sides and connected with a Jack and Jill bathroom. Occupant is allowed to use the pool next door at 4011 Cole Avenue Dallas 75204. Monthly HOA dues include gas, electricity, water, trash, and sewer services, adding exceptional value and convenience. Ideally located less than 0.5miles from West Village, residents can easily enjoy premier shopping, dining, and entertainment. Knox Henderson and Turtle Creek are both within one mile, placing some of Dallas’ most desirable destinations just minutes away. Occupied until June 2027. On 8-27-26, HOA confirmed condo is warrantable with NO sales transfer fees. Cash offers only with Buyer paying all closing costs. Multi-unit incentive contingent upon purchasing both units

The details

HeatingCentral
CoolingCentral Air
FlooringLuxury Vinyl Plank, Tile
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Interior featuresDecorative Lighting, Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry
Bathrooms1 full · 1 half

Construction materialsBrick, Stone Veneer
RoofComposition
FoundationPillar/Post/Pier

FencingElectric, Gate, Metal, Security
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Connected
PoolPrivate pool · In Ground

SubdivisionCentral Park Condo

ElementaryMilam
Middle schoolSpence
High schoolNorth Dallas
DistrictDallas ISD

Gross income$22,800 per year
Operating expenses$18,780 per year
Insurance$1,424 per year
Cap rate1.44% — as listed
Net operating income$4,020 per year

MLS #21273183
Source
Price changeReduced by $23,000 · Oct 20, 2026
On the market156 days
CountyDallas

Around this home

One moment…

Everyday life

Nearest groceryTom Thumb · 0.4 mi
Nearest parkCole Park · 0.1 mi

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Listing courtesy of Better Homes & Gardens, Winans — Ann Haines.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21273183. Information last updated October 20, 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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