Half Duplex with Rooftop
For Sale
$1,220,000
1825 & 1827 Pollard Street, Dallas, TX 75208
MULTI_FAMILY - Dallas, TX
Property Size2,898 SF
Lot Size0.18 Acres
Price / SF$420.98
Days on Market45
Property Features for 1825 & 1827 Pollard Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
8
Bathrooms
8
Full bathrooms
6
Half bathrooms
2
Rooms
Bedroom 5, Bathroom 8, Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 5, Bathroom 6, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 7, Bedroom 6, Bedroom 3, Bathroom 2, Bedroom 7, Bedroom 8
Parking
4
Parking features
Driveway, Open, Garage
Interior features
BuiltInFeatures, Chandelier, DecorativeDesignerLightingFixtures, DoubleVanity, HighSpeedInternet, InLawFloorplan, KitchenIsland, OpenFloorplan, Pantry, CableTv, VaultedCeilings, WalkInClosets
Exterior features
PrivateYard
Fireplace
1
Appliances
SomeGasAppliances, Dishwasher, Disposal, GasOven, GasRange, GasWaterHeater, PlumbedForGas, TanklessWaterHeater
Subdivision
Campbells Resub
Lot features
Subdivision, Few Trees
Elementary school
Lanier
Middle school
West Dallas
High school
Pinkston
Elementary school district
Dallas ISD
Middle school district
Dallas ISD
High school district
Dallas ISD
Directions
Please use GPS.
Standard status
Active
APN
00000702433000000
Lot size
0.18 Acres
Taxes and HOA fees
Tax Description
CAMPBELLS RESUBDIVISION BLK C/7248 LT 14 VOL8
Tax Annual Amount
4816
Legal Description
CAMPBELLS RESUBDIVISION BLK C/7248 LT 14 VOL8
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Tile
Building materials
Frame, WoodSiding
Roof type
Flat
Listing Agency:
Monument Realty
(214) 705-7827
Listed By:
Yesenia Carmolinga · License #0756632
(214) 705-7827
Added: Jul 18
Changed: Aug 15
Last Checked: Aug 31 at 12:06AM
MLS# 21332513
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.
Investment Insights
Based on property information with market context.
New construction half duplex offers two living levels plus a rooftop terrace. The layout includes four bedrooms and three-and-a-half bathrooms with an open-concept design, expansive windows, and a spacious kitchen featuring a large island and gas range. Interior appointments include built-in features, double vanity, walk-in closets, vaulted ceilings, and a fireplace. The primary suite includes a spa-like bath with a soaking tub and custom tile.
A private lower-level mother-in-law suite adds flexibility as a second primary suite or dedicated home office. The rooftop terrace includes a dedicated storage room with electricity that can function as a small prep area, hobby space, or bonus storage.
Public water and public sewer support the home, and heating and cooling are provided by central systems. Appliances include gas options such as a gas range and tankless water heater. Parking includes a garage along with open and driveway spaces.
A private lower-level mother-in-law suite adds flexibility as a second primary suite or dedicated home office. The rooftop terrace includes a dedicated storage room with electricity that can function as a small prep area, hobby space, or bonus storage.
Public water and public sewer support the home, and heating and cooling are provided by central systems. Appliances include gas options such as a gas range and tankless water heater. Parking includes a garage along with open and driveway spaces.
Key Highlights
- Rooftop terrace plus dedicated storage room with electricity
- 2,898 SF across two living levels and a rooftop terrace
- Four bedrooms and three‑and‑a‑half bathrooms with open‑concept layout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,957
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,140
$1.0M
Cap Rate 7%
$727,957
$728.0K
Cap Rate 9%
$566,189
$566.2K
Market Conditions
NOI Build-Up for 2,898 SF
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.
Gross rent
$81.0K $27.96/SF
− Vacancy
−$8.2K −$2.84/SF
EGI
$72.8K $25.12/SF
− OpEx
−$21.8K −$7.54/SF
NOI
$51.0K $17.58/SF
Area
Dallas, TX
Vacancy
10.16%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,140
Cap Rate 7%
$727,957
Cap Rate 9%
$566,189
Alternative Uses
Best Use
Multifamily LT 5
$728.0K
$637.0K – $849.3K
NOI $50,957 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$629.5K
$550.8K – $734.5K
NOI $44,067 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$3.48M
$3.04M – $4.06M
NOI $243,415 @ 7.0% cap · market cap 19.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Explore this area
Business Placement
Demographics for 75208, TX
29,446
Population
13,655
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
6.1 sq mi
ZIP Area
4,827
Density / Sq Mi
$76,502
Median Household Income
$48,460
Median Earnings
$1,589
Median Rent
$415,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - New construction half duplex with a rooftop terrace, private yard, and a flexible lower-level mother-in-law suite.
Where is this duplex located?
The property is located at 1825 & 1827 Pollard Street Dallas, TX.
What is the asking price?
The asking price for this property is $1,220,000.
What are key features of this property?
This property features: Rooftop terrace plus dedicated storage room with electricity; 2,898 SF across two living levels and a rooftop terrace; Four bedrooms and three‑and‑a‑half bathrooms with open‑concept layout
