MULTIFAMILYRADAR
5-Unit Multifamily in Dallas, TX, photo 1
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.

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