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7040 Parkdale Dr Dallas, TX 75227
Bedrooms: 5
Bathrooms: 3.1
Type: Single Family
Status: Available
Area: 1,916 sqft
Lot size: 0.54 acre
Year built: 1930
Asking Price: $340,000.00
Buyers Fee: 3%

This awesome property sits on a LARGE .54 LOT. Has plenty of parking space with a beautiful outdoor entertaining area. Great gate driveway with a LARGE parking garage with upstairs workspace. Has a detached apartment in the back that can be adjusted for more space.

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  • Date Format: YYYY dash MM dash DD
  • Accepted file types: pdf.
  • Accepted file types: pdf.
  • Accepted file types: pdf.
  • Terms & Conditions

    The undersigned Accepting Party and/or its Buyer Entity (“Accepting Party”) is interested in obtaining information regarding the property supplied by Off Market Listing Services LLC (OLS) and/or its representatives, in order to evaluate the possible acquisition (“Proposed Transaction”) of the various Properties marketed by OLS. OLS will not deliver to the Accepting Party any information with respect to the Property which may be confidential and/or proprietary in nature unless and until Accepting Party executes and delivers this Principal Non-circumvent, Confidentiality & Commission Agreement (“Agreement”) signed by the Accepting Party’s Principal and/or any entity of which it is a principal, officer, associate, joint venture partner, or partner of the company that is the Buying Entity. By executing and delivering this Agreement and accepting the Evaluation Materials, Accepting Party hereby agrees as follows:

    1. Non-Circumvent. In consideration of the OLS’s disclosure of the information about the property to the Accepting Party, the Accepting Party will not any time attempt to deal directly in any manner or circumvent OLS or otherwise exploit the relationship with or attempt to directly contact Owner with express written permission from the OLS. OLS will not any time attempt to deal directly in any manner or circumvent Accepting Party, principal, officer, associate, joint venture, partner that is the Buying Entity or otherwise exploit the relationship with or attempt to directly contact the Owner with express written permission from the Accepting Party.

    2. Confidentiality. Any information with respect to the Property (collectively, the “Evaluation Materials”) provided to Accepting Party by Owner/Seller (Seller) or OLS and/or any of their respective consultants, agents or employees (collectively, the “Seller Parties") will be used solely for the purpose of evaluating the possible acquisition of the Property by the Accepting Party, and will not be used or duplicated for any other purpose. Accepting Party shall keep all Evaluation Materials strictly confidential; provided, however, that such Evaluation Materials may be delivered to such person or entities who because of their involvement with the proposed Transaction need to know such information for the purpose of giving advice with respect to, or consummating, the Proposed Transaction(all of whom are collectively referred to as (“Related Parties”) provided, however that any such Related Parties shall be informed by Accepting party of the confidential nature of such information in the strictest confidence and to use such information only in connection with the Proposed Transaction and in accordance with the Proposed Transaction and in accordance with the terms of this Agreement.

    3. Return of Evaluation Materials. If, at any time, Accepting Party elects not to proceed with the Proposed Transaction, or, upon request of Owner’s Representative, Accepting Party will promptly deliver to Owner’s Representative all Evaluation Materials received by Accepting Party, whether received before or after the date of this Agreement, with retaining copies thereof.

    4. Marketing Fee. 3% shall be due at closing in connection with the sale of this Property and shall be paid by the Accepting Party, the Buying Entity and/or Related Parties. Commission shall be paid directly to OLS upon the close of escrow or the sale of the Property; and paid directly to OLS through Escrow.
    All property offers submitted through OLS system shall be processed via Blue Print Title or a title company as agreed upon by all parties. If the buyer decides to cancel or decline to continue the sale, the processing fee of $500 for all single family properties and $2500.00 for all commercial properties shall be deducted from the Earnest Money Deposit and paid directly to OLS and the balance of the EMD shall be returned to the buyer according to the terms of the purchase contract.


    6. No Disclosure. Accepting Party shall not; (i) disclose the fact that discussions are taking place concerning the possible acquisition of the Property or any of the terms thereof, or (ii) conduct any discussion, negotiation or make any inquiries concerning the possible acquisition of the Property with any other person or entity, except for Owner and OLS, except as may be expressly permitted elsewhere in this Agreement and, only in strict accordance with the provisions hereof.

    7. No Representations by Seller Parties. None of Seller Parties make any representations or warranties as to the accuracy or completeness of the Evaluation Materials or those actual results will confirm to any projections contained therein. Owner, Owner’s Representative and OLS expressly disclaim any and all liability for representation or warranties, express or implied, contained in the Evaluation Materials, or in any other written, oral or other communications transmitted or made available to Accepting Party by Seller parties, including, without limitation, computer disk containing files with financial data or projections. 8. Relationships and Previous Relationships. If either Party has already established a previous relationship with the parties to a transaction or the contract introduced in the specific transaction, the Party with the previous relationship or transaction will immediately notify the other Parties by email or fax outlining the prior relationship and in that specific case, the Party with the previous relationship or transaction will be exempt from the non-circumvention clause of this Agreement. The other Party reserves its abilities and right to dispute the existence of prior relationships. Furthermore, The Parties agree that this Agreement shall not be construed to impede the development of normal day-today business relationships regardless of the existence of a pre- existing relationship on the part of either Party, such as, other direct sellers’ portfolios and MTN's, including but not limited to wholesalers, buyers’ representatives, consultants’ lenders and or mortgage brokers.

    9. No Obligation. Owner is under no legal obligation of any kind whatsoever with respect to the Proposed transaction by virtue of this Agreement, the delivery of any Evaluation Materials, any discussions concerning the Proposed Transaction or otherwise, unless and until a binding written agreement is executed and delivered by all parties thereto.

    10. Term. This Agreement shall be for the term one (1) year commencing from the date of this Agreement. This Agreement may be renewed further for One (1) year subject to and upon the terms and conditions agreed between and among the signatories. The Parties agree not to make contact with, solicit, deal with, or otherwise to be involved in any transaction(s) with regard to source, contact, trust, strategic partner and/or any other entity that the other Party introduces to or discusseswith the other Party for a period of 24 months after termination of this Agreement. This Agreement shall apply to: All transactions originated during the term of this Agreement; and all subsequent transactions that are follow up, repeat, or extended transactions or renegotiation(s) of transactions originated during the terms of this Agreement.

    11. Injunctive Relief and Penalties. The Parties agree that in the event there is a violation of this Agreement, the Non-Violating Party is entitled to injunctive relief. Furthermore, any violation of this Agreement is enforceable by a penalty of 300% of actual damages, per incident and such penalty shall apply to any and all subsequent transactions with that source, contact, trust, client, strategic partner and/or other entity. This penalty shall survive the term of this Agreement and all extensions and rollovers.

    12. Agreement Not to Circumvent. The Parties agree not to circumvent or attempt to circumvent this agreement in an effort to gain fees, remunerations or considerations to the benefit of the one or more of The Parties with the full knowledge and acquiescence of all necessary Parties, whether or not such fees, remunerations or considerations gained through circumvention would otherwise be deemed the rightful property of any one or several of The Parties.

    13. Arbitration. All disputes arising out of or in connection with this Agreement shall be finally resolved by arbitration in accordance with the rules of the American Arbitration Association In the State of Delaware by one or more Arbitrators appointed in accordance with said rules. All such arbitration awards shall be binding on all Parties and enforceable by law. The Parties further agree to carry out the terms of any arbitration award without delay and shall be deemed to have waived their right to any form of alternative recourse by or through any other means, insofar as such waiver can validly be made. Each of Parties named in an Arbitration proceeding and/or required to appear under such a proceeding, unless otherwise agreed, shall be responsible for its own legal expenses. The prior sentence notwithstanding, any Party adjudged by the Arbitrator to be in material breach of this Agreement shall compensate in full the aggrieved party, it's heirs assignees and/or assigns, for the total remuneration received as a result of business conducted with the Parties covered by this Agreement, plus, subject to the determination of the Arbitrator all of its arbitration costs, legal expenses, and other charges and damages incurred relative to its dealings with banks, lending institutions, corporations, organizations, individuals, lenders, or borrowers, buyers or sellers that were introduced by the aggrieved party, notwithstanding any other provisions of the awarded.

    14. Force Majeure. A Party shall not be considered or adjudged to be in violation of this Agreement when the violation is due to circumstances beyond it reasonable control, including but not limited to Acts of God, natural disasters, civil disturbances, war, fire, floods, strikes and failure of third parties to perform their obligations to either Party. As a condition to the claim of no-liability the party experiencing the difficulty shall give the other prompt written notice, with full details following the occurrence of the cause relied upon.


    Each representative signs below guarantees that he/she is duly empowered by his/her respectively named company to enter into and be bound by the commitments and obligations contained herein either as an individual, corporate body or on behalf of a corporate body. A fully executed E-mail transmission or facsimile copy supplied will be considered legally binding as an original. Accepting Party hereby agrees to indemnify and hold harmless each of the Seller Parties against any and all costs, loss, liability, including attorney’s fees, arising from any breach of Accepting Party’s obligations under this Agreement. The undersigned warrants that they have the authority to execute this Agreement which shall be interpreted according to the Laws of the State of Delaware.
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