Reserve at Lake Highlands

Dallas,

TX

Reserve at Lake Highlands

Under Contract

Investment Overview

Well-Located Class B Asset with $1.85M in Recent CapEx
Includes Several Major Systems, Unit Interiors & Community Amenities

~70% of Units Renovated with Modern Finishes
Granite countertops, stainless steel appliances, modern cabinetry, and tiled backsplashes

68% of Units Feature Washer/Dryer Connections
In-place W/D connections support leasing and future ancillary income opportunities

Upside through Car Port Lease Up
134 Covered Parking Spaces Total
Capture additional low hanging revenue

Located in Highly Rated Richardson ISD
North Texas’ most desirable school district
Enhances long-term renter demand and retention

Supply-Constrained Lake Highlands Submarket
One of Northeast Dallas’ most established residential enclaves with limited new supply

Surrounded by Major Employment Anchors
Texas Instruments HQ located 2.5 miles west
Texas Health Presbyterian Hospital approximately 3 miles away

11601 Audelia Road, Dallas, TX, USA

Exclusively Listed By

Shaun Kennedy

Associate Investments

DFW Market Specialist

(972) 755-5129 direct

License: TX 823164

Wes Racht

Managing Director Investments

DFW Market Specialist

(972) 755-5168 direct

License: TX 633414

Kevin Parrish

Senior Director Investments

DFW Market Specialist

(972) 755-5159 direct

License: TX 615557

David Fersing

Managing Director Investments

DFW Market Specialist

(972) 755-5151 direct

License: TX 415687

Alex Clark

Director Investments

DFW Market Specialist

(972) 755-5238 direct

License: TX 9002994

John Darrell

Associate Investments

DFW Market Specialist

(972) 755-5149 direct

License: TX 842820

Nick Fluellen, CCIM

Executive Managing Director Investments

(972) 755-5214 direct

License: TX 0521943

Bard Hoover

Senior Managing Director Investments

(972) 755-5216 direct

License: TX 610697

John Brickson

Managing Director

Capital Markets

(972) 755-5269 direct

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