
NewHigh yield
$250,000
5-Unit Multifamily in Dallas, TX
TX · listed Oct 20, 2026 (8 days)
Price per unit compared
This property$50K
Within ~40 mi (143)$133K
Texas median (1,196)$92K
- $/unit
- $50,000
- ▼ 46% vs TX · 13th pct
- Cap rate
- —
- NOI
- $14K
- $2,794/unit/yr
- Units
- 5
- 12 bldg · 2007
Financials
- Asking price
- $250,000
- Price per unit
- $50,000
- Price per sq ft
- $323
- Gross rent / year
- $54,792
- Net operating income
- $13,972
- NOI per unit
- $2,794
- Cap rate
- Not stated
- Gross yield
- 21.9%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- one studio (C301), two units with 1 bedroom and 1 bathroom each (I213 and I201), one unit with 2 bedrooms and 1 bathroom (E207), and one unit with 2 bedrooms and 2 bathrooms (I211)
- Buildings
- 12
- Year built
- 2007
- Building size
- 774 sq ft
- Avg unit size
- 155 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 20, 2026
- Days on market
- 8 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1654
About this property
Great investment opportunity to purchase a portfolio of five condominium units in the Richland Trace Condos community. The portfolio includes one studio (C301), two units with 1 bedroom and 1 bathroom each (I213 and I201), one unit with 2 bedrooms and 1 bathroom (E207), and one unit with 2 bedrooms and 2 bathrooms (I211). Conveniently located near Richland College, with strong rental potential. An excellent opportunity for investors looking to expand their rental portfolio. Buyer and buyer's agent to independently verify all information.
Multi-family
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Dallas, TX | $775K | $78K$78K | — |
Dallas, TXHigh yieldStabilized | $450K | $90K$90K | 15.6%gy |
▼ 3% cutStabilized | $150K | $30K$30K | — |
Value-add | $855K | $107K$107K | 7.7% |
Plano, TXStabilized | $975K | $195K$195K | 8.6%gy |
▼ 9% cutStabilized | $1.5M | $83K$83K | 7.6% |


