2137 Sea Island Dr, Dallas, TX 75232

$250,000
: 3
BD
: 3
BA
: 2,248
SqFt

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List Price: $250,000
MLS#: 21252780
Status: ACTIVE UNDER CONTRACT
Type: Single Family Residential
Subtype: Residential
Style: Ranch, Detached
Year Built: 1965
Construction Status: Preowned
Bedrooms: 3
Full Baths: 2
Half Baths: 1
Acres: 0.19
Living Area: 2,248
County: Dallas
City: Dallas
Subdivision: Glen Hills
Number of Stories: 1
Architecture Style: Ranch, Detached

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Property Description

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.

(214) 957-2001

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