Modern Three-Story
219 South Henderson Avenue Dallas, TX 75214
For Sale
$1,000,000
Three-bedroom, 2.2-bath duplex with open-concept living, fireplace, and a game room with private balcony.
Property Size4,312 SF
Price / SF$231.91
Days on Market466
Property Features for 219 South Henderson Avenue
General Information
Standard status
Active
Size
4,312 SF
Property subtype
Multi-Family / Full Duplex
Building Details
Year Built
2025
Listing Agency:
Dave Perry Miller Real Estate
(469) 226-8287
Listed By:
Oseni Aruna · License #0735364
(469) 226-8287
Source:
Compass
Added: Apr 21, 2025
Changed: Jul 20
Last Checked: Jul 21 at 6:33AM
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 Dave Perry Miller Real Estate
Investment Insights
Based on property information with market context.
This modern three-story duplex is designed with an open-concept main floor featuring an expansive living and dining area with natural light and a fireplace with tile finishes. The kitchen includes quartz countertops, stainless steel appliances, a large island with bar seating, and custom cabinetry with pull-out drawers. The second level offers two spacious bedrooms with walk-in closets and large windows, and the primary suite includes a box ceiling with LED lighting, a floating vanity, and a walk-in shower. The third floor features a dedicated game room with a half bath and a private balcony.
The property is located near the Santa Fe Trail in Dallas, with access described as steps away for walking, biking, and outdoor activities. The remarks also note that Downtown Dallas and Deep Ellum are minutes away for shopping, dining, and entertainment.
Overall, the layout provides distinct living, bedroom, and recreation zones across three levels, supported by modern fixtures and finishes throughout.
The property is located near the Santa Fe Trail in Dallas, with access described as steps away for walking, biking, and outdoor activities. The remarks also note that Downtown Dallas and Deep Ellum are minutes away for shopping, dining, and entertainment.
Overall, the layout provides distinct living, bedroom, and recreation zones across three levels, supported by modern fixtures and finishes throughout.
Key Highlights
- New construction duplex built in 2025 with 2 total units and a 3+ story layout
- 3‑bedroom, 2.2‑bath floorplan with open floorplan, kitchen island, pantry, and walk‑in closet(s
- Living room electric fireplace, plus central heating and central air with luxury vinyl plank flooring
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 | $120.6k | $27.96 |
| − Vacancy | −$12.2k | −$2.84 |
| EGI | $108.3k | $25.12 |
| − OpEx | −$32.5k | −$7.54 |
| NOI | $75.8k | $17.58 |
4,312 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$947.8K – $1.26M
NOI $75,820 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$936.7K
$819.6K – $1.09M
NOI $65,568 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$5.17M
$4.53M – $6.04M
NOI $362,183 @ 7.0% cap · market cap 36.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Three-bedroom, 2.2-bath duplex with open-concept living, fireplace, and a game room with private balcony.
Where is this duplex located?
The property is located at 219 South Henderson Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: New construction duplex built in 2025 with 2 total units and a 3+ story layout; 3‑bedroom, 2.2‑bath floorplan with open floorplan, kitchen island, pantry, and walk‑in closet(s; Living room electric fireplace, plus central heating and central air with luxury vinyl plank flooring
