Skyline Condominiums in The Cedars: Live in 1 and Lease the Other 11 for Profit

This week’s High Caliber Home of the Week, sponsored by Lisa Peters of Caliber Home Loans offers a unique opportunity to purchase an innovative building of 12 condominium homes in The Cedars. Courtney Tauriac of Compass RE Texas is marketing the entire building as one listing for $5.5 million.

Located at 2080 Kelly Ave. between Cesar Chavez Blvd. and Harwood, the building is appropriately named Skyline Condominiums for the downtown view that only this side of the Trinity River can offer. But it’s the modern throwback style of the motor court entrance and shared stairway that make it so intriguing.

Now these aren’t the midcentury motor court motels that look straight from a quirky Wes Anderson movie. I mean more of a “cluster home” or “court living” garage setup for 12, but I’m probably butchering the true architectural style of this.

Residents enter a single driveway to access the first-floor garage bay of their four-story home. It’s a stylish solution to the challenges of infill housing development, where every inch is worth maximizing.

Skyline Condominiums was designed by the creative collaboration efforts of Skybridge Home and architect Johnny Limones’ firm, Vizual Architecture. Tasha Williams of Unlocked Home Design was tapped to design the interior finishes.

“Skyline is a unique architectural solution to the space on Kelly Avenue,” Tauriac says. ”The talented design team paid attention to the context of this downtown-adjacent building and current housing demand to create an outstanding property.”

Each unit is spaciously designed with two bedrooms and two-and-half bathrooms with private one- and two-car garages available. Each unit is four stories tall with garage on level one, living on level 2, bedrooms on 3 and 4, and even a roof terrace on level 4 with downtown views. 

The modern exterior design compliments the current language of the developing area with warm brick and metal accents. As you make your way to the inside of the unit you are met with modern fixtures and clean lines while being showered by natural light provided by the large windows. The homes will feature dark, modern European-style cabinetry, exposed brick, quartz countertops, stainless steel appliances, and industrial lighting.

We don’t have to tell you how hot The Cedars are for housing demand, so this could be a fantastic income-earner. Live in one and lease the other eleven units. Give Lisa Peters at Caliber Home Loans a call at 214-763-7931 or email [email protected] to explore mortgage options for this incredible income-producing property.

Courtney Tauriac of Compass RE Texas has listed 2080 Kelly Ave. for $5.5 million.