Unique investment opportunity with a structured leaseback in place. The sale includes a mandatory leaseback to the current occupant, which is not optional, and the buyer must agree to the lease terms as part of the purchase. The lease is intended to be long-term, making this an ideal option for a buyer seeking stable, long-term income rather than immediate occupancy.The transaction is subject to court approval for both the sale and the leaseback agreement, which may impact timing. Leaseback terms will be incorporated into the purchase contract, and buyers should be prepared to complete a background check as part of the approval process. The transaction process will be more structured than a typical sale due to third-party approvals. There is no expectation of immediate major upgrades by the buyer, and rental payments are expected to be supported through an established financial structure.
Listed By
Agency Name: Surge Real Estate
Agent Name: Nick Surguine
Shown By
Agent Name: Mandy Petersen
Agent Phone: (254) 644-8648
Agency Title: Kelly, Realtors
Estimated Payment
$ 629.31 per month $556.39 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.92 Homeowner's Insurance
2137 Sea Island Drive | MLS# 21252780
This single family home located at 2137 Sea Island Drive, Dallas, TX 75232 is currently listed for sale with an asking price of $250,000. This property was built in 1965 and has 4 bedrooms and 2 full and 1 partial baths with 2248 sq. ft. Sea Island Drive is located in the Glen Hills subdivision within the Dallas ISD school district. Search Glen Hills real estate on mandypetersen.kellyrealtors.com today.