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    Five-Unit Townhome Income Property Title is generated by Realmo AI

    4707 Virginia Avenue, Dallas, TX 75204

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    Claim this Listing
    For Sale
    $2,550,000

    MULTI_FAMILY - Dallas, TX

    Property size:
    8,980 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $283/SF
    Added:
    May 15, 2026
    Days on Market:
    20
    Last Refresh:
    Jun 3 at 8:06 am

    Property Features for 4707 Virginia Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    10
    Bathrooms
    20
    Rooms
    Bathroom 2, Bathroom 18, Bathroom 16, Bathroom 15, Bathroom 11, Bathroom 20, Bedroom 5, Bathroom 17, Bathroom 19, Bathroom 12, Bathroom 13, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 14, Bathroom 8, Bathroom 6, Bathroom 7, Bedroom 9, Bathroom 5, Bathroom 1, Bathroom 10, Bathroom 9, Bedroom 4, Bedroom 8, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 7, Bedroom 10
    Parking
    10
    Parking features
    Garage, Alley
    Standard status
    Active
    APN
    00000122017000000
    Size
    8,980 SF
    Lot size
    0.35 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2025
    Floors in Building
    3
    Number of units
    5
    Flooring type
    Vinyl
    Building materials
    Stucco

    We can help!

    Listing Contact
    Huma Azim
    Huma Azim

    Listing agent Huma Azim License #0575698

    Listing office Equitify Realty Garland, TX

    Listing date May 15, 2026

    MLS# 21264869 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

    • Under construction 5‑unit townhome complex at 4709 Virginia St, Dallas, TX 75204
    • Total 8,904 sqft across 5 units, built in 2025
    • Each unit includes a 2‑car garage and a private balcony
    • Public utilities: public water and public sewer
    • Stucco construction with vinyl flooring
    • Parking features include alley access and garage parking

    Overview

    This five-unit townhome complex at 4707 Virginia Avenue presents an attractive, income-oriented setup with a total of 8,904 square feet across all units. Each townhome includes a 2-car garage, a private balcony, and spacious interiors with modern amenities designed for comfortable day-to-day living.

    Located in Dallas, the property is positioned in a vibrant area with convenient access to dining, shopping, and entertainment, with quick reach to downtown Dallas. The site sits on approximately 0.3471 acres, providing a practical residential setting for a small multi-family community.

    For investors and buyers seeking a manageable multifamily holding, this configuration offers consistent unit features that can support strong tenant appeal, including parking and private outdoor space. The townhome-style layout may also suit tenants looking for a bit more privacy than traditional apartment living. As a compact, purpose-built income property, it offers a straightforward option for those building a small portfolio or evaluating an owner-operated acquisition.

    Local Financial Insights For Apartment 5plus

    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 $278.0k $30.96
    − Vacancy −$29.7k −$3.31
    EGI $248.3k $27.65
    − OpEx −$111.7k −$12.44
    NOI $136.5k $15.21
    8,980 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.95M
    $1.71M – $2.28M (±1% cap)
    NOI $136,550 @ 7.0% cap · market cap 5.35%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $10.78M
    $9.43M – $12.57M (±1% cap)
    NOI $754,268 @ 7.0% cap · market cap 29.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.775752
    Latitude
    32.803753

    FAQs

    What type of property is this?
    Apartment building - Well-appointed five-unit townhome complex offering private outdoor space and dedicated 2-car garages for each unit.
    Where is this apartment building located?
    The property is located at 4707 Virginia Avenue Dallas, TX.
    What is the asking price?
    The asking price for this property is $2,550,000.
    What are key features of this property?
    This property features: Under construction 5‑unit townhome complex at 4709 Virginia St, Dallas, TX 75204; Total 8,904 sqft across 5 units, built in 2025; Each unit includes a 2‑car garage and a private balcony
    More about this property
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