MULTIFAMILYRADAR
5-Unit Multifamily in Dallas, TX, photo 11 / 3
▼ 3% cutStabilized
$150,000

5-Unit Multifamily in Dallas, TX

Dallas County, TX · listed Oct 7, 2026 (20 days)

▼ Reduced 3.2% on Oct 22, 2026, was $155,000

Price per unit compared
This property$30K
Within ~40 mi (146)$134K
Texas median (1,196)$92K
$/unit
$30,000
▼ 67% vs TX · 3rd pct
Cap rate
—
 
Gross yield
—
 
Units
5
5 bldg · 1982

Financials

Asking price
$150,000
Price per unit
$30,000
Price per sq ft
$150
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
100%

As stated by the seller. Verify during due diligence.

Building

Units
5
Unit mix
Not stated
Buildings
5
Year built
1982
Building size
998 sq ft
Avg unit size
200 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Oct 7, 2026
Days on market
20 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Oct 22, 2026: $155K → $150K
Location
Approximate (~0.5 mi)
Listing #
1885

About this property

Great opportunity to reside or own a rental property in the gated Creekbend

Condominiums! Creekbend complex is undergoing a major renovation with new roofs

already installed, new exterior improvements including paint throughout the complex,

and paving upgrades. This 2-bedroom, 2-bath condo, is currently rented (tenant has

been there for a long time), and offers 998 sq ft of living space plus assigned covered

carport parking. Residents enjoy community pools, a tennis court and a clubhouse, and

HOA dues cover grounds and structure maintenance, insurance and full use of the

amenities. Located in Richardson ISD just minutes from Richland College, with easy

access to I-635 and US-75 for a quick commute anywhere in Dallas. INVESTORS TAKE

NOTE: Seller is also selling 4 more units currently rented at the same price of $155,000

  • a rare chance to buy multiple units at once. Ask about purchasing more than one unit!

2 Bed / 2 Bath Condo | 998 SF | Gated Creekbend Community

Highlights

  • Seller is also selling 4 more units at the same $155,000 price - opportunity to buy multiple units
  • Gated community with community pools, tennis court and clubhouse
  • HOA ($310/month) covers grounds and structure maintenance, insurance and full use of facilities
  • Assigned covered carport parking
  • Richardson ISD; minutes from Richland College with easy access to I-635 and US-75
  • Tenant occupied Units

Location

Approximate area. The exact address is shared on request.

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