“Big” and “cheap” are two of the words I use to describe my current home. Far from pejorative, they’re watch words for folks who want to live somewhere better than they thought they could afford. In my case, “big” and “cheap” were what I needed to renovate. But this big and cheap condo was already renovated in 2016.
We’re talking about a two-bedroom, two-bathroom condo boasting 1,204 square feet for $145,000 that’s listed with Apryl Jolas of Coldwell Banker Residential. For cooks, there’s a Tom Thumb two blocks away and Preston Hollow Village’s Trader Joes is five minutes away. I’m talking about 10562 High Hollows Drive, unit #147. That’s west of Central Expressway between Walnut Hill and Royal Lanes. On the plus side, it’s in a multi-family area mixed with condos and apartments. On the upside, it looks like no one’s selling out for redevelopment — I see that plenty of cash has been splashed out on condo and apartment renovations. Stability is a good thing.
Another good thing? The $596-per-month HOA dues include utilities! Crank up the air in August and have a parka party. All totaled, with a 30-year mortgage, HOA dues and taxes, you’re looking at about $1,500 per month. Drop the mortgage to 15-years and you’re looking at about $1,800 per month.