Mavsfan77, Home Buyer in Oak Lawn, Dallas, TX

Does anyone have any advice on 3102 Kings Road Dallas, TX 75219?

Asked by Mavsfan77, Oak Lawn, Dallas, TX Wed Apr 28, 2010

I did some research on my own and I found that it used to be an apartment complex named Piazza Sienna, and it seems like they are selling these apartments as condos after the management went through foreclosure. In addition, there were many negative reviews about how the property was managed as an apartment. The reviews really worry me as a lot of them mention safety, maintenance, and shoddy construction as major issues.

http://www.apartmentratings.com/rate/TX-Dallas-The-Piazza-fo…

I really like the layout, price, and design of these condos they’re offering, but I am worried that this would not be a very smart investment if they are still managing these condos like they were in the past. Here is a link of one of the condos for sale:

http://www.trulia.com/property/3007591177-3102-Kings-Rd-1211…

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Answers

5
, ,
Tue May 11, 2010
Mavsfan,

My opinion is for you to ask current residents what they think of the place and make your decision based on that. They are the only ones who can give you an honest opinion on the matter.

Are you looking to live there a few years and then sell for a profit or are you looking to stay there for 6+ years?

Ask yourself what your priorities are and make a pros and cons list after speaking with the current residents.

Good Luck!

Donovan Lord
Novanlord Realty
214.764.4309 x1001

FREE PROFESSIONAL INTERIOR DESIGN FOR ALL OF OUR BUYERS
0 votes
Dallas Texas, Agent, Dallas, TN
Wed Apr 28, 2010
Realtors per professional code of ethics can't render an opinion can only recommend for buyer investigate and research.

1. Police Department website is great
2. Speaking with residents
3. Merchants in area

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
Web Reference:  http://www.lynn911.com
0 votes
Lillie Reibo…, , 80220
Wed Apr 28, 2010
You can always check with the police as to the crime rate if you are uncertain about safety issus. If you decide to purchase, you will also have the ability to do an inspection. Usually you will have 7-10 days to inspect without jeopardizing your earnest money. Inspections are always a good invesment.

Lillie
0 votes
Reba Holmes-…, Agent, Austin, TX
Wed Apr 28, 2010
I normally tell my clients to park in the area they are wanting to purchase on a Saturday (go a few times during the day and at night) to get a feel for the area and to talk to those that are already homeowners of your questions and concerns... try to talk to at least 3 or 4 for a good general concensus of the answers you are receiving. I am an Agent in Austin, Texas; however, I do have an Agent in the Dallas area to refer you to for your question:

Clifford E. Freeman, Jr., MBA, CMC
Keller Williams Realty

cliff@cliffordfreeman.com
http://www.cliffordfreeman.com
tel:
fax:
214-680-5403
214-260-6031
0 votes
Bruce Lynn, Agent, Coppell, TX
Wed Apr 28, 2010
Rental versus HOA is a completely different entity in most cases. If they were managed poorly as apartments I don't think that would have any bearning on current HOA management.

One of the downsides though is high HOA dues...nearly $300/month.
I think that is always something to consider.
0 votes
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