2137 Sea Island Drive, Dallas, TX 75232 Pending
3 bd 3 ba 2,248 sq ft House · Built 1965
About this home
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.
Features
- Inside: Paneling Wainscoting, Tile Counters
- Outside: Rain Gutters
- Appliances: Dishwasher, Electric Oven, Gas Cooktop
- Parking: Alley Access, Garage Faces Rear
- Laundry: Laundry In Utility Room
Where it is
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Listing information comes from the North Texas Real Estate Information Systems (NTREIS) IDX program and is deemed reliable but not guaranteed. Price and status can change; the listing agent has the latest.
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