1. Texas
  2. Cedar Hill
  3. 312 Hickerson Street
$1,550,000

312 Hickerson Street, Cedar Hill, TX 75104

  • 6,786 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon0.48acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $228/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Apartment construction, the Multifamily Market of Properties in the DFW Metroplex, really exploded in 2024. In 12 months the Metroplex absorbed, read 'leased', 29,147 units. It looks like 2025 will be some slower but not by a lot. In doing this absorption thing, the Metroplex vacancy rate increased to 11.5% and the Market Cap for Multifamily Properties went down to 5.8. Both statistics are now moving to correct themselves. There is a heavy driver coming into this market, and soon, interest rates, currently high but predicted to fall significantly.

Listing Status:
Active
Listing Office:
RE/MAX Preferred Associates : 972-293-4550
Listing Agent:
Vernon Mimms :
MLS ID:
21015329
  • Flooring: Vinyl
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Vernon Mimms, RE/MAX Preferred Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bray Elementary School

218 N Broad St, Cedar Hill, TX, 75104

Grades PK-5

0.50 miles away

W

W. S. Permenter Middle School

431 W Parkerville Rd, Cedar Hill, TX, 75104

Grades 6-8

0.71 miles away

C

Cedar Hill High School

1 Longhorn Blvd, Cedar Hill, TX, 75104

Grades 9-12

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.