Slow market has some sellers leasing even brand-new homes
Friday, July 6th, 2007With polished stone floors and countertops, top-of-the-line kitchen appliances and five bedrooms to boot, the Willis Avenue custom home is an eye catcher.
Even more of a standout is the rent on this new East Dallas house. At $4,500 a month, it’s less than what it would cost to lease a new apartment the same size.
“My phone is ringing off the wall with people calling about this house,” said agent Joyce Guthrie, who’s been marketing the property for an investor.
The two-story faux Craftsman style home was finished late last year and has been offered for sale at $859,000. Now the property is also for lease.
investment property