MULTIFAMILYRADAR
No photos yet
New construction
$1,300,000

20-Unit Multifamily in Dallas, TX

TX · listed Sep 24, 2026 (34 days)

Price per unit compared
This property$65K
Within ~40 mi (145)$133K
Texas median (1,196)$92K
$/unit
$65,000
▼ 29% vs TX · 26th pct
Cap rate
—
 
Gross yield
—
 
Units
20
 

Financials

Asking price
$1,300,000
Price per unit
$65,000
Price per sq ft
Not stated
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
20
Unit mix
Not stated
Buildings
Not stated
Year built
Not stated
Building size
Not stated
Avg unit size
Not stated
Lot size
Not stated
Condition
New construction

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 24, 2026
Days on market
34 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
City only
Listing #
1503

About this property

**BY OWNER 20-unit fully permitted multifamily development opportunity in Dallas (address on request) | Asking $1.3M**

Sharing a **0.41-acre infill development site** with City of Dallas-approved plans and permits already in place. A buyer can move from acquisition toward construction without having to start the entitlement and permitting process from scratch.

The approved project includes **20 apartment units** — 17 one-bedroom / one-bath units at approximately **620 SF**, 3 two-bedroom / two-bath units at approximately **962 SF**, plus **10 enclosed one-car garages**.

Water and wastewater are **fully approved with no utility upgrades required**, removing another major development hurdle and potentially saving significant time and upfront cost.

The property is located in an **Opportunity Zone** near the Bishop Arts / Oak Cliff area, with continued residential and commercial development throughout the surrounding area.

Full architectural plans, approved permits, utility documentation, and additional project information are available for serious buyers.

**Asking Price: $1,300,000**

**Faraz Baig** **Apex Plus Capital** **** ****

Location

Somewhere in Dallas. The exact address is shared on request.

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