Unique investment opportunity with a structured leaseback in place. The sale includes a mandatory leaseback to the current occupant, which is not optional, and the buyer must agree to the lease terms as part of the purchase. The lease is intended to be long-term, making this an ideal option for a buyer seeking stable, long-term income rather than immediate occupancy. The transaction is subject to court approval for both the sale and the leaseback agreement, which may impac…
| Room | Level | Size |
|---|---|---|
| Sauna | Main | — |
| Sunroom | Main | — |
| Half Bath | Main | — |
| Full Bath | Main | — |
| Full Bath | Main | — |
| Kitchen | Main | — |
| Bedroom | Main | — |
| Bedroom | Main | — |
| Living Room | Main | 0 x 0 |
| Type | Single Family Residence |
| County | Dallas |
| Lot | 0.188 ac (8,189.28 sqft) |
| Annual Tax | $6,859 |
| Days on Market | 14 |
| District | Dallas ISD |
| Elementary | Turneradel |
| Middle | Atwell |
| High School | Carter |
| P&I (6.875%) | $1,314 |
| Est. Tax | $572 |
| Est. Total | $1,886/mo |
DALLAS, TX 75232 · Glen Hills
Unique investment opportunity with a structured leaseback in place. The sale includes a mandatory leaseback to the current occupant, which is not optional, and the buyer must agree to the lease terms as part of the purchase. The lease is intended to be long-term, making this an ideal option for a buyer seeking stable, long-term income rather than immediate occupancy. The transaction is subject to court approval for both the sale and the leaseback agreement, which may impact timing. Leaseback terms will be incorporated into the purchase contract, and buyers should be prepared to complete a background check as part of the approval process. The transaction process will be more structured than a typical sale due to third-party approvals. There is no expectation of immediate major upgrades by the buyer, and rental payments are expected to be supported through an established financial structure.
Property Type
Residential
Sub Type
Single Family Residence
Status
Active
Bedrooms
3
Full Baths
2
Half Baths
1
Living Area
2,248 sqft
Lot Size
8,189.28 sqft
Lot (acres)
0.188
Garage
2 spaces
Stories
1
Year Built
1965
Community
Glen Hills| Room | Level | Size |
|---|---|---|
| Sauna | Main | — |
| Sunroom | Main | — |
| Half Bath | Main | — |
| Full Bath | Main | — |
| Full Bath | Main | — |
| Kitchen | Main | — |
| Bedroom | Main | — |
| Bedroom | Main | — |
| Living Room | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
Annual Tax
$6,859
Total Principal
$200,000
Total Interest
$272,989
Total Loan Payment
$472,989
Payoff Date
June 2056
Est. Payment
$1,990
/month
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
View Online
https://realtorkonda.com/property/dallas-tx/glen-hills/2137-sea-island-drive-75232
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Nick Surguine · Surge Real Estate · 469-333-3114
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated May 13, 2026.
Listing Agent
Nick Surguine
Surge Real Estate