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
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Dallas, TXHigh yieldStabilized | $450K | $90K$90K | 15.6%gy |
Dallas, TX | $775K | $78K$78K | — |
Dallas, TXNewHigh yield | $250K | $50K$50K | 21.9%gy |
Value-add | $855K | $107K$107K | 7.7% |
New construction | $2.7M | $540K$540K | 0% |
Dallas, TXStabilized | $2.55M | $510K$510K | 6.9%gy |



