Cove Townhomes

For Sale

514 E Belt Line Road, DeSoto, TX 75115

This DeSoto property for sale is located at 514 E Belt Line Road. Contact the listing broker for details on the current sale price for Cove Townhomes.

Contacts

broker

Byron Griffith

GREA

broker

Chibuzor Nnaji

GREA

Property Details

  • Property Type Other
  • Units 14
  • Additional Rent Contact for pricing
  • Year Built 1983
  • Date Updated Nov 4, 2024

Cove Townhomes is a renovated, 14-unit apartment community located in the South Dallas County submarket of DeSoto, TX. Built in 1983 and situated on 0.87 acres, the property consists of 2, two-story buildings with brick siding and pitched composition shingle roofs. Cove Townhomes offers spacious and updated two-bedroom floor plans measuring 1,160 square feet each. Amenities may vary by unit and include all-electric kitchens, hardwood-style flooring, a gated backyard area, and washer and dryer connections. On-site parking is provided. Residents enjoy the property’s centralized location with easy access to Interstate 35.

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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 an average of$147/unit more with mid-tier amenities ($1,591 vs $1,738/unit)
  • Opportunity to increase the stabilized NOI by$9,884 through Other Income strategies by charging for reserved parking, renting W/Ds, and collecting non-refundable pet deposits.
  • 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

Getting around

  • 55/100

    Walk Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City DeSoto, TX
  • Neighborhood Highlands Estates
  • Zip Code 75115
  • Market Dallas Fort Worth

Points of Interest

  • UNT Dallas

    5.19 miles

  • Camp Wisdom

    6.33 miles

  • Ledbetter

    7.31 miles

  • VA Medical Center

    7.85 miles

  • Kiest

    8.56 miles

  • Westmoreland

    9.14 miles

  • Illinois

    9.56 miles

  • Tyler/Vernon

    9.96 miles

  • Tom Thumb

    1.13 miles

  • Walmart

    1.18 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

  • EVgo

    2.37 miles

  • Glenn Heights Park & Ride

    2.38 miles

  • Boulder Park Trailhead

    5.72 miles

  • Downtown Public Parking

    6.38 miles

  • La Quinta Inn & Suites

    1.48 miles

  • HWY Express Inn & Suites

    1.61 miles

  • Scottish Inns

    1.92 miles

  • Motel 6

    2.02 miles

  • Great Western Inn

    2.09 miles

  • Days Inn

    2.31 miles

  • Holiday Inn Express & Suites

    2.33 miles

  • Comfort Suites Desoto Dallas South

    2.38 miles

  • Magnuson Grand DeSoto

    2.49 miles

  • Home2 Suites by Hilton Dallas DeSoto

    2.81 miles

  • Tom Thumb

    1.09 miles

  • ALDI

    1.18 miles

  • Walmart Neighborhood Market

    1.29 miles

  • Walmart Supercenter

    1.58 miles

  • Kroger

    1.74 miles

  • Fiesta Mart

    3.56 miles

  • Ross

    4.24 miles

  • Burlington

    5.13 miles

  • Hillside Village

    5.66 miles

  • Dillard's

    5.83 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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