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    4739 Gretna St Dallas, TX 75207

    Sponsored
    For Sale
    $5,950,000

    Multiple Single Units - Dallas, TX

    Property size:
    17,052 SF
    Lot size:
    0.14 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 20 at 12:06 am

    Property Features for 4739 Gretna St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    New Construction
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    18
    Bathrooms
    27
    APN
    00000814696000000
    Parking
    18
    Parking features
    Garage
    Interior features
    Built-in Wine Cooler, Decorative Lighting, Double Vanity, Kitchen Island, Natural Woodwork, Open Floorplan, Walk-in Closet(s), Second Primary Bedroom
    Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Garbage Disposer, Range, Range - Gas, Washer
    Size
    17,052 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Electric

    Building Details

    Year built
    2025
    Flooring type
    Wood
    Building materials
    Brick, Stucco
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Krystal Womble
    Krystal Womble

    Krystal Womble Elite Realtors (972) 824-3872

    Listing agent Krystal Womble (972) 824-3872 License #0574611

    Listing date Feb 18, 2026

    MLS# 21179029 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.

    Learn more

    Property Insight Report

    Overview

    Modern Townhomes with Downtown Views

    These modern, four-story townhomes offer views of Downtown Dallas and the Trinity River. Located adjacent to the medical district, including UT Southwestern, Children’s Hospital, and Parkland, each residence features 2 bedrooms, 2.5 baths, and a private top-floor office. The open-concept living area includes 10-foot ceilings and hardwood floors. The chef-inspired kitchen is equipped with premium Thor appliances. The primary suite features 10-foot ceilings and a spa-like bath with a walk-in wet area, combining a soaking tub and walk-in shower. The guest bedroom includes vaulted ceilings. Additional features include an automatic sprinkler system and a secured, gated community with landscaped grounds, ambient lighting, and benches. Located minutes from the Medical District, Love Field Airport, and Downtown Dallas, these homes offer convenience and modern luxury. The property size is 17,052 square feet on a 0.138-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.84953
    Latitude
    32.80332

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    FAQs

    What type of property is this?
    Apartment building - Modern townhomes near the Medical District with downtown and river views.
    Where is this apartment building located?
    The property is located at 4739 Gretna St Dallas, TX.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: - Breathtaking views of Downtown Dallas and the Trinity River from a private balcony.; - Prime location minutes from the Medical District, Love Field Airport, and Downtown Dallas.; - Modern 4-story townhome with 2 bedrooms, 2.5 baths, and a private top-floor office.
    (972) 824-3872
    Request Owner's contact information
    4739 Gretna St Dallas, TX 75207
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    Dallas, TX 75207
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4739 Gretna St Dallas, TX 75207
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    We can help!
    Listing Contact
    Krystal Womble
    Krystal Womble
    Real Estate License ID: 0574611
    (972) 824-3872
    Learn more
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