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NewHigh yieldVacant
$449,990
9-Unit Multifamily in Dallas, TX
TX · listed Oct 21, 2026 (7 days)
Price per unit compared
This property$50K
Within ~40 mi (145)$133K
Texas median (1,196)$92K
- $/unit
- $49,999
- ▼ 46% vs TX · 13th pct
- Cap rate
- 10%
- ▲ 2.6 pts vs TX median
- NOI
- $45K
- $5,020/unit/yr
- Units
- 9
Financials
- Asking price
- $449,990
- Price per unit
- $49,999
- Price per sq ft
- Not stated
- Gross rent / year
- $105,300
- Net operating income
- $45,180
- NOI per unit
- $5,020
- Cap rate
- 10%
- Gross yield
- 23.4%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 9
- Unit mix
- All 1 Bed / 1 Bath
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Vacant
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 21, 2026
- Days on market
- 7 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 1884
About this property
OFF-MARKET 9-UNIT CONDO PORTFOLIO – DALLAS, TX - Location: Lake Highlands, Dallas, TX - Property Type: Condominium Portfolio - Total Units: 9 - Unit Mix: All 1 Bed / 1 Bath - Occupancy: 100% Vacant - HOA: $280/Unit Monthly - Projected Monthly Rent: $8,775 - Projected Annual Rent: $105,300 - Projected NOI: $45,180 - Pro Forma Cap Rate: ~10% - Market Rent: $850–$1,100/Unit - Investment Potential: Rentals, Section 8, or Individual Resale - Closing Date: November 5, 2026 Asking Price: $449,990 + 4% Buyer Fee Under $50K Per Unit | POF Required Non-Circumvention Required | Serious Buyers Only
Location
Somewhere in Dallas. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Dallas, TX High yieldStabilized | $1.15M | $115K$115K | 7.4% |
| Dallas, TX Stabilized | $3.5M | $152K$152K | — |
| Dallas, TX Vacant | $450K | $50K$50K | — |
| Dallas, TX New construction | $1.3M | $65K$65K | — |
| Dallas, TX High yieldValue-add | $1.15M | $115K$115K | 7.4% |
 Dallas, TX▼ 6% cut | $1.49M | $248K$248K | — |