Dallas Duplex: Investment
15755 El Estado Drive, Dallas, TX 75248
Duplex - Dallas, TX
Type:Duplex
Property size:
2,782 SFLot size:
0.24 AcresPrice / SF:
$213/SF- Added:
- Feb 26, 2026
- Days on Market:
- 92
- Last Refresh:
- May 29 at 6:06 pm
Property Features for 15755 El Estado Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 4
- Parking features
- Carport, Covered
- Interior features
- Cable Tv Available, Decorative Lighting, High Speed Internet Available, Pantry, Walk-in Closet(s)
- Exterior features
- Rain Gutters, Lighting, Fence
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- Cooktop, Cooktop - Electric, Dishwasher, Garbage Disposer, Microwave, Washer
- Standard status
- Active
- APN
- 00000799153000000
- Size
- 2,782 SF
- Lot size
- 0.24 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Central, Electric (Heating), Fireplace(s)
- Cooling system
- Ceiling Fan(s), Central Air, Electric
Building Details
- Year built
- 1968
- Floors in Building
- 1
- Flooring type
- Carpet, Laminate
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing agent Graham Pearce License #0505854 (214) 526-4663
Listing office Keller Williams Dallas Midtown 9850 N Central Expy, Dallas, TX (214) 526-4663
Listing date Feb 26, 2026
MLS# 21182372
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Full duplex in desirable North Dallas - investment or owner‑occupant opportunity.
- Move‑in ready unit features updated kitchen with stainless steel appliances and a fireplace with built‑ins.
- Tenant‑occupied unit provides immediate rental income with a lease in place.
- Zoned to highly sought‑after Richardson ISD, near UT Dallas, shopping, dining, and major commuting routes.
- Each side features 3 bedrooms and 2 full bathrooms with separate entrances and private utilities.
- Property includes carport, fenced yard, and essential appliances.
Overview
This well-maintained single-story full duplex presents an excellent investment or owner-occupant opportunity in a desirable North Dallas location. Each side of the duplex includes 3 bedrooms and 2 full bathrooms. The units have separate entrances, private utilities, and spacious living areas. One half of the duplex is move-in ready, featuring a large living area with a fireplace and built-ins. The updated kitchen includes modern finishes and stainless steel appliances. Generously sized bedrooms and well-appointed bathrooms complete the unit’s single-level layout. The second half is tenant-occupied with a lease in place, offering immediate rental income. The property is suited for various ownership strategies, whether living in one unit and leasing the other or maintaining both as income-producing properties. The property is zoned to Richardson ISD and is conveniently located near UT Dallas, shopping, dining, and major commuting routes. The property, situated on a 0.236-acre lot, offers 2782 square feet of living space. This duplex is ideal for investors seeking steady cash flow or buyers looking to offset their mortgage with rental income.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.8k | $27.96 |
| − Vacancy | −$7.9k | −$2.84 |
| EGI | $69.9k | $25.12 |
| − OpEx | −$21.0k | −$7.54 |
| NOI | $48.9k | $17.58 |
2,782 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$698.8K
$611.5K – $815.3K
NOI $48,917 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$604.3K
$528.8K – $705.1K
NOI $42,303 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$3.34M
$2.92M – $3.89M
NOI $233,672 @ 7.0% cap · market cap 39.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.772196
- Latitude
- 32.963426
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained duplex in North Dallas, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 15755 El Estado Drive Dallas, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Full duplex in desirable North Dallas - investment or owner‑occupant opportunity.; Move‑in ready unit features updated kitchen with stainless steel appliances and a fireplace with built‑ins.; Tenant‑occupied unit provides immediate rental income with a lease in place.
