Duplex with Rooftop
New
For Sale
$1,299,900
1120 Muncie Avenue, Dallas, TX 75212
Two three-bedroom residences feature private garages, contemporary interiors, and rooftop space with city views.
Property Size4,118 SF
Price / SF$315.66
Days on Market6
Property Features for 1120 Muncie Avenue
General Information
Standard status
Active
Size
4,118 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/3.5BA
Multifamily Units
2
Amenities
rooftop
Building Details
Year Built
2023
Buildings
1
Listing Agency:
League Real Estate
(817) 523-9113
Listed By:
Cameron Johnson
(214) 886-3359
Source:
Mainstreethomeguide
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 12 at 8:15PM
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 League Real Estate
Investment Insights
Based on property information with market context.
Completed in 2023, this 4,118-square-foot duplex contains two residences, each with three bedrooms, three full bathrooms, one half bath, and a two-car garage. Across the property, the layout provides six bedrooms, six full bathrooms, and two half bathrooms. Interior features include open living areas, kitchens with oversized islands and quartz countertops, walk-in pantries, and stainless steel appliances. Each primary suite includes a walk-in closet and an en-suite bathroom with a freestanding tub and separate shower. Rooftop space offers views of the city.
The property is at 1120 Muncie Avenue in Dallas, minutes from Downtown Dallas and Bishop Arts, as well as dining, shopping, and entertainment options.
The property is at 1120 Muncie Avenue in Dallas, minutes from Downtown Dallas and Bishop Arts, as well as dining, shopping, and entertainment options.
Key Highlights
- 4,118‑square‑foot duplex built in 2023
- Two residences, each with 3 bedrooms, 3 full bathrooms, 1 half bath, and a 2‑car garage
- Combined total of 6 bedrooms, 6 full bathrooms, and 2 half bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,409
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,448,180
$1.4M
Cap Rate 7%
$1,034,414
$1.0M
Cap Rate 9%
$804,544
$804.5K
Market Conditions
NOI Build-Up for 4,118 SF
Gross rent
$115.1K $27.96/SF
− Vacancy
−$11.7K −$2.84/SF
EGI
$103.4K $25.12/SF
− OpEx
−$31.0K −$7.54/SF
NOI
$72.4K $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 Rate 5%
$1,448,180
Cap Rate 7%
$1,034,414
Cap Rate 9%
$804,544
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$905.1K – $1.21M
NOI $72,409 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$894.5K
$782.7K – $1.04M
NOI $62,618 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$4.94M
$4.32M – $5.76M
NOI $345,888 @ 7.0% cap · market cap 26.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,480
Businesses Nearby
Explore this area
Business Placement
Demographics for 75212, TX
27,329
Population
9,250
Households
3
Avg Household Size
31
Median Age
16%
College-Educated
62%
High-School Grad
10.0 sq mi
ZIP Area
2,733
Density / Sq Mi
$56,279
Median Household Income
$34,458
Median Earnings
$1,085
Median Rent
$204,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences feature private garages, contemporary interiors, and rooftop space with city views.
Where is this duplex located?
The property is located at 1120 Muncie Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: 4,118‑square‑foot duplex built in 2023; Two residences, each with 3 bedrooms, 3 full bathrooms, 1 half bath, and a 2‑car garage; Combined total of 6 bedrooms, 6 full bathrooms, and 2 half bathrooms
