$239,900

161 Hood Street, Cedar Hill, TX 75104

  • 3 beds |
  • 1 bath |
  • 1,623 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon9,169sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $148/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

HUGE price reduction! Investor opportunity in Cedar Hill! 161 Hood St is being offered, either as a separate purchase, or together with 163 Hood St and 309 S Main St. 161 Hood features an occupied single-family rental with in-place lease income and a rear shed area that includes a one-bedroom apartment setup. For the right investor, additional improvements such as plumbing updates, utility separation, split meter work, and any required permits or approvals may create an opportunity to further improve income potential. HVAC installed in 2012. New roof installed in 2022. P&L statements for the last 12 months, seller disclosures, leases, and additional portfolio documents are available in MLS supplements. Buyer and buyer’s agent to verify all details. Rear shed or workshop contains a one-bedroom apartment setup; seller makes no representation regarding permitted status, separate utility capability, habitability, or future rent potential. Buyer to perform all due diligence. Showings to be coordinated with tenant notice and or as agreed by seller. Current scheduled rents: $4,800 monthly, $57,600 annually. Staggered lease expirations through 2026–2027. Current gross rent multiplier: approx. 12.7x at list price. Buyer to verify taxes, insurance, expenses, lease terms, condition, and future rent potential. Being sold individually or as a package alongside #21262206 and #21262052

Listing Status:
Pending
Data Last Updated:
July 2, 2026 at 3:18AM
Listing Office:
VIP Realty : 214-295-4888
Listing Agent:
Calvin Lyman :
MLS ID:
21262178
  • General: High Speed InternetCable TV
  • Appliances: Gas CooktopGas OvenGas Water Heater
  • Flooring: HardwoodLaminateVinyl
  • A/C: Central AirCeiling Fan(s)ElectricRoof Turbine(s)
  • Heating: CentralNatural Gas
  • Fireplace: Fireplaces: 0
  • Style: TraditionalDetached
  • Pool: None
  • Parking: Attached CarportUnpaved
  • Roofing: Shingle
  • General: Wood Siding1Pillar/Post/PierSlab
  • Road/Access: Asphalt
  • Originating MLS: NTR
  • School District: Cedar Hill ISD
  • County: Dallas
  • Zoning: MARY H LOVERN LOT 916030500000090000
  • Fencing: Chain Link
  • Utilities: Electricity ConnectedNatural Gas AvailableSewer AvailableSeparate MetersWater AvailableCable Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR
  • Exclusions: washer/dryer

This listing courtesy of Calvin Lyman , VIP Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby