Date
Details
Price
Change
Source
9/15/2025
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,550,000
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Property Description
Profitable 8-unit multifamily investment in a close-knit community at 312 Hickerson. Each unit has its own HVAC system, approximately 8 years old. The complex includes four updated 2-bedroom, 2-bath units renting for $1,500-month, two two-bedroom, 2-bath units not updated at $1,100-month, one one-bedroom, one bath not updated at $950-month, and one updated one-bedroom, one bath, at $1,100-month. All units also have their own small fenced backyard. Five units have been fully renovated in the last 24 months, including stainless steel appliances, flooring, plumbing, and electrical fixtures. Annual rental income is approximately $123,000, with expenses including taxes ($25,800), insurance ($8,569), and management fees ($7,500), leaving a profit before taxes of about $81,131 and a market CAP rate of roughly 5.6%. Seventy percent of residents have lived in the community eight or more years, demonstrating stability and a well-established tenant base. Minimal ongoing maintenance and recent updates make this property a turn-key investment opportunity. EACH UNIT SQUARE FOOTAGE IS APPROXIMATE AND BASED ON PUBLIC RECORDS; IT HAS NOT BEEN INDEPENDENTLY VERIFIED. BUYER TO DO DUE DILIGENCE.
Full Property Details
Full Property Details for 312 Hickerson St #8
General
- Price: $1,550,000
- Taxes: $25,800
- Status: Active
- Type: Apartment
- Source: NTREIS
- MLS ID: 21061019
- Updated: 12/29/2025
- Added to Site: 123 day(s) ago
Interior
- Interior Features: Cable TV
- Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 14
Additional Information
- Security/Safety: Security System, Fire Alarm
Parking
- Total Spaces: 8
- Parking Features: Assigned, Parking Lot
Location
- County: Dallas
- Subdivision: ED BALCOMS REV
- Driving Directions: From Hwy 67, Going North toward Dallas, take Cooper Street Exit, turn left then turn right on Hardy, then Left on Hickerson. From Hwy 67, Going South from Dallas, take Cooper Street Exit then turn right on Hickerson. Apartment is on the left in the second block.
School Information
- Elem School District: Cedar Hill ISD
- Midd School District: Cedar Hill ISD
- High School District: Cedar Hill ISD
- Elementary School: Highpointe
- Middle School: Besse Coleman
- High School: Cedar Hill
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick
- Roof: Concrete
- Stories/Levels: 1
- Square Feet: 6,786
- Sq. Ft. Source: Assessor
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.4835
- Lot Size (Sq. Ft.): 21,063
- Lot Size Source: Assessor
- Lot Features: Subdivision
Financial Considerations
- Tax Amount: $25,800
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 16004500010130000
Listed by RE/MAX Preferred Associates, Kellie Fancher
We Value Your Privacy
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Listing agent
— 312 Hickerson St #8 —
Kellie Fancher
RE/MAX Preferred Associates
972-741-8678
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 312 Hickerson St #8
School District:Cedar Hill Independent School District
| Name | Grades | Distance |
|---|---|---|
Lakeridge Elementary School 1020 Lake Ridge Parkway, Cedar Hill, TX 75104 | PK-5 | 3.3 mi |
W S Permenter Middle School 431 West Parkerville Road, Cedar Hill, TX 75104 | 6-8 | 0.7 mi |
Cedar Hill High School 1 Longhorn Boulevard, Cedar Hill, TX 75104 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 312 Hickerson St #8
Tax History
Tax History for 312 Hickerson St #8
Year
Property Taxes
Change
Tax Assessment
Change
2024
$24,812
-1%
$1,123,200
4%
2024
$25,103
8%
$1,080,000
8%
2023
$23,306
6%
$1,002,660
11%
2022
$21,948
21%
$904,240
28%
2021
$18,095
11%
$709,100
13%
2020
$16,327
17%
$625,250
19%
2019
$13,977
17%
$527,500
20%
2018
$11,988
17%
$439,210
24%
2017
$10,210
36%
$355,570
36%
2016
$7,528
1%
$262,340
1%
2015
$7,476
5%
$259,000
4%
2014
$7,137
13%
$248,000
13%
2013
$6,309
—
$220,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 312 Hickerson St #8
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
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312 Hickerson Street #8, Cedar Hill, TX 75104 (MLS# 21061019) is a Apartment property with 14 bedrooms and 8 full bathrooms. 312 Hickerson Street #8 is currently listed for $1,550,000 and was received on September 15, 2025. Want to learn more about 312 Hickerson Street #8? Do you have questions about finding other Apartment real estate for sale in Cedar Hill? You can browse all Cedar Hill real estate or contact a Coldwell Banker agent to request more information.