When you say a property is an investment opportunity, you might think it’s a teardown. Not so, for this week’s Inwood National Bank Home of the Week, unit no. 227 at The Tuscany condos at 5928 Sandhurst Lane.
As we’ve pointed out before, there are a lot of great condos in the East Lovers Lane area, many of which are within walking distance to the Lovers Lane DART station, making for a quick commute downtown if that’s where you’re headed.
But this condo’s proximity to Southern Methodist University makes it an all-around smart buy. Buy a condo for your student’s stint at SMU, let them invite two roommates, and voila! The perfect way to put a roof over your kid’s head, collect some lease income, and once they graduate, lease or sell it for a healthy profit.
“This unit is one of the only three-bedroom units,” says listing agent Bobbie Jo Glover of Compass. “The complex itself has a gorgeous pool with fountains, a hot tub, many courtyards, grill stations, a gym, and the complex and parking is gated and secure. “
This spacious three-bedroom, two-bathroom condo features soaring ceilings, natural light throughout, open floorplan, wood floors, granite countertops, and stainless steel appliances. It comes with two assigned carports, refrigerator, washer, and dryer.