Contemporary Duplex with Covered
1005-07 Mt Auburn Avenue Dallas, TX 75223
For Sale
$1,196,000
Mirrored duplex units each offer open-concept kitchens, hardwood floors, and access to a covered deck and fenced yard.
Property Size4,030 SF
Price / SF$296.77
Days on Market116
Property Features for 1005-07 Mt Auburn Avenue
General Information
- Standard status
- Active
- Size
- 4,030 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2021
Listing Agency:
Evolve Real Estate LLC
(415) 299-7189
Listed By:
Carri Fung · License #0690933
(415) 299-7189
Source:
Compass
Added: Mar 31
Changed: Jul 23
Last Checked: Jul 23 at 11:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Evolve Real Estate LLC
Investment Insights
Based on property information with market context.
This contemporary duplex features mirrored floor plans on each side, offering a comfortable, functional layout for everyday living and entertaining. Each unit includes an open-concept kitchen with a large island, walk-in pantry, stainless steel appliances, and a gas range flowing into the main living space. Hardwood floors run throughout, and abundant natural light enhances the airy feel. Upstairs, all bedrooms are located along with a versatile loft space, while the generously sized primary suite includes an ensuite bathroom and dual closets. A conveniently located upstairs laundry room adds practicality. Outside, both sides offer a large covered deck overlooking a private, fenced backyard.
Both sides have been refreshed with interior paint, and the 1007 side features new flooring. There is no HOA. The property has been operating with short-, mid-, and long-term rental opportunities, with each side generating $3,800+ per month.
With easy access to Downtown Dallas and proximity to the Santa Fe Trail, White Rock Lake, and nearby golf courses, this duplex is positioned for lifestyle and convenience.
Both sides have been refreshed with interior paint, and the 1007 side features new flooring. There is no HOA. The property has been operating with short-, mid-, and long-term rental opportunities, with each side generating $3,800+ per month.
With easy access to Downtown Dallas and proximity to the Santa Fe Trail, White Rock Lake, and nearby golf courses, this duplex is positioned for lifestyle and convenience.
Key Highlights
- 2021‑built 2‑unit duplex with mirrored floor plans
- Each unit features an open‑concept kitchen with a large island, walk‑in pantry, and gas range plus stainless steel appliances
- Central air and central heating, with hardwood flooring throughout and carpet/ceramic tile/wood flooring in place
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 | $112.7k | $27.96 |
| − Vacancy | −$11.4k | −$2.84 |
| EGI | $101.2k | $25.12 |
| − OpEx | −$30.4k | −$7.54 |
| NOI | $70.9k | $17.58 |
4,030 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$885.8K – $1.18M
NOI $70,861 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$875.4K
$766.0K – $1.02M
NOI $61,280 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$4.84M
$4.23M – $5.64M
NOI $338,497 @ 7.0% cap · market cap 28.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Mirrored duplex units each offer open-concept kitchens, hardwood floors, and access to a covered deck and fenced yard.
Where is this duplex located?
The property is located at 1005-07 Mt Auburn Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $1,196,000.
What are key features of this property?
This property features: 2021‑built 2‑unit duplex with mirrored floor plans; Each unit features an open‑concept kitchen with a large island, walk‑in pantry, and gas range plus stainless steel appliances; Central air and central heating, with hardwood flooring throughout and carpet/ceramic tile/wood flooring in place
