Duplex with Updated
New
For Sale
$825,000
10524 Ravenscroft, Dallas, TX 75230
Both units are vacant, and one has new flooring, fixtures, paint, outlets, and switches.
Property Size3,680 SF
Price / SF$224.18
Days on Market6
Property Features for 10524 Ravenscroft
General Information
Standard status
Active
Size
3,680 SF
Property subtype
Duplex
Building Details
Year Built
1969
Buildings
1
Tenancy
Multi
Listing Agency:
Compass RE Texas, LLC
(214) 814-8100
Listed By:
Jacob Moss · License #0720823
(214) 335-1719
Source:
Lonestarluxuryrealty
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 5 at 4:59AM
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 Compass RE Texas, LLC
Investment Insights
Based on property information with market context.
This 1969 duplex contains approximately 3,680 square feet, with six bedrooms and four bathrooms across the two units. Both residences are currently vacant. Unit 10524 has received new LVP flooring, updated fixtures, fresh paint, and replacement outlets and switches. The property also includes PVC plumbing, updated water heaters in both units, and a roof installed in 2023. Foundation repairs were completed in 2018, with a transferable warranty included.
Located at 10524 Ravenscroft in Dallas, the property is within Dallas ISD and assigned to Kramer Elementary, Benjamin Franklin Middle, and Hillcrest High School. Its Crest Meadow Estates setting places it near Preston Hollow and North Dallas, with access to major roads serving the area.
Located at 10524 Ravenscroft in Dallas, the property is within Dallas ISD and assigned to Kramer Elementary, Benjamin Franklin Middle, and Hillcrest High School. Its Crest Meadow Estates setting places it near Preston Hollow and North Dallas, with access to major roads serving the area.
Key Highlights
- Two‑unit duplex with six bedrooms and four bathrooms total
- Approximately 3,680 square feet on a 1969‑built property
- Foundation repairs completed in 2018 with transferable warranty
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 | $102.9k | $27.96 |
| − Vacancy | −$10.5k | −$2.84 |
| EGI | $92.4k | $25.12 |
| − OpEx | −$27.7k | −$7.54 |
| NOI | $64.7k | $17.58 |
3,680 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$924.4K
$808.8K – $1.08M
NOI $64,707 @ 7.0% cap · market cap 7.84%
Second Best
Apartment 5plus
$799.4K
$699.5K – $932.6K
NOI $55,958 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$4.42M
$3.86M – $5.15M
NOI $309,099 @ 7.0% cap · market cap 37.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,975
Businesses Nearby
Explore this area
Business Placement
Demographics for 75230, TX
27,810
Population
14,981
Households
1.9
Avg Household Size
45
Median Age
66%
College-Educated
99%
High-School Grad
7.1 sq mi
ZIP Area
3,917
Density / Sq Mi
$109,864
Median Household Income
$70,313
Median Earnings
$1,365
Median Rent
$870,000
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 - Both units are vacant, and one has new flooring, fixtures, paint, outlets, and switches.
Where is this duplex located?
The property is located at 10524 Ravenscroft Dallas, TX.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two‑unit duplex with six bedrooms and four bathrooms total; Approximately 3,680 square feet on a 1969‑built property; Foundation repairs completed in 2018 with transferable warranty
