Luxury Half-Duplex Investment
12608 Breckenridge Dr, Dallas, TX 75230
Turnkey, income-producing half-duplex in North Dallas, leased through Sept 2026.
Type:Multifamily
Property size:
2,955 SFPrice / SF:
$270/SF- Added:
- Mar 13, 2026
- Days on Market:
- 65
- Last Refresh:
- Mar 16 at 1:28 pm
Property Features for 12608 Breckenridge Dr
General Information
- Standard status
- Active
- Size
- 2,955 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1981
Listing agent Richard Guilliams License #9001668
Listing office Luxe Estates Realty
Listing date Mar 13, 2026
Source Crexi
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 Luxe Estates Realty
HighLights
- Turnkey investment property generating $4,500 monthly income with tenant in place through September 2026.
- Located in the desirable Hillcrest Oaks Estates area of North Dallas.
- Executive‑style half‑duplex with a stately all‑brick exterior and zero‑lot‑line design.
- Features a chef’s kitchen with stainless‑steel appliances, gas range, built‑in oven, and custom cabinetry.
- Includes a main‑level primary suite with fireplace and spa‑like bath, plus a secondary main‑floor bedroom and two upstairs en‑suite bedrooms.
- Prime location with easy access to major highways and upscale amenities.
Overview
This executive-style half-duplex is located in the Hillcrest Oaks Estates area of North Dallas and is currently leased through September 2026, generating $4,500 per month in rental income. The residence features an all-brick exterior, zero-lot-line design, and mature landscaping. The interior includes soaring ceilings, hardwood floors, natural light, and an open layout. The kitchen is equipped with stainless-steel appliances, a gas range, a built-in oven, and custom cabinetry. The main-level primary suite features a fireplace, walk-in closet, and spa-like bath. There is a secondary bedroom (or office) on the main floor, and two upstairs en-suite bedrooms. Additional features include a two-car attached garage and in-unit laundry. The property offers access to Dallas North Tollway, US-75, I-635, and Preston Road, as well as retail, dining, and business districts. The property is a cash-flowing investment with long-term appreciation potential. The property size is 2955 square feet. A proposed H-E-B grocery store is one step closer to approval nearby, which could enhance future traffic and retail appeal in the area.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$577.3K
NOI $51,959 @ 9.00% cap · cautious / downside scenario
Moderate
$742.3K
NOI $51,959 @ 7.00% cap · market / base-case scenario
Aggressive
$1.04M
NOI $51,959 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.6k | $27.96 |
| − Vacancy | −$8.4k | −$2.84 |
| EGI | $74.2k | $25.12 |
| − OpEx | −$22.3k | −$7.54 |
| NOI | $52.0k | $17.58 |
2,955 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$742.3K
$649.5K – $866.0K
NOI $51,959 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$641.9K
$561.7K – $748.9K
NOI $44,934 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$3.55M
$3.10M – $4.14M
NOI $248,203 @ 7.0% cap · market cap 31.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.78178
- Latitude
- 32.919247
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turnkey, income-producing half-duplex in North Dallas, leased through Sept 2026.
Where is this duplex located?
The property is located at 12608 Breckenridge Dr Dallas, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Turnkey investment property generating $4,500 monthly income with tenant in place through September 2026.; Located in the desirable Hillcrest Oaks Estates area of North Dallas.; Executive‑style half‑duplex with a stately all‑brick exterior and zero‑lot‑line design.
