New Construction Half
For Sale
$1,220,000
1825 & 1827 Pollard Street, Dallas, TX 75208
New construction half duplex with two levels plus rooftop terrace, featuring 4 bedrooms and 3.5 bathrooms and a flexible lower suite.
Property Size2,898 SF
Price / SF$420.98
Days on Market17
Property Features for 1825 & 1827 Pollard Street
General Information
Standard status
Active
Size
2,898 SF
Property subtype
Duplex
Amenities
rooftop terrace
Building Details
Year Built
2026
Stories
2
Listing Agency:
Monument Realty
(214) 705-7827
Listed By:
Connie Segovia · License #0695436
(214) 682-9800
Source:
Lonestarluxuryrealty
Added: Jul 26
Changed: Aug 11
Last Checked: Aug 11 at 6:51AM
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 Monument Realty
Investment Insights
Based on property information with market context.
New construction half duplex offering two living levels plus a rooftop terrace. The home is laid out with an open-concept design, expansive windows, and a spacious kitchen with a large island and gas range. There are 4 bedrooms and 3.5 bathrooms, including a primary suite with a spa-like bath featuring a soaking tub and custom tile.
A private lower-level mother-in-law suite adds flexibility as a second primary suite or dedicated home office. The rooftop terrace includes a dedicated storage room with electricity that can serve as a small prep space, hobby area, or additional storage.
Located just minutes from Bishop Arts District, Stevens Park Golf Course, Trinity Groves, and Sylvan Thirty, the property provides convenient access to dining, shopping, and entertainment in the area.
A private lower-level mother-in-law suite adds flexibility as a second primary suite or dedicated home office. The rooftop terrace includes a dedicated storage room with electricity that can serve as a small prep space, hobby area, or additional storage.
Located just minutes from Bishop Arts District, Stevens Park Golf Course, Trinity Groves, and Sylvan Thirty, the property provides convenient access to dining, shopping, and entertainment in the area.
Key Highlights
- New construction (Year Built 2026) half duplex with 4 bedrooms, 3.5 bathrooms, and 2,898 sq ft over two living levels
- Open‑concept main layout with expansive windows and a spacious kitchen featuring a large island and gas range
- Primary suite includes a spa‑like bath with a soaking tub and custom tile
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,957
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,140
$1.0M
Cap Rate 7%
$727,957
$728.0K
Cap Rate 9%
$566,189
$566.2K
Market Conditions
NOI Build-Up for 2,898 SF
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.
Gross rent
$81.0K $27.96/SF
− Vacancy
−$8.2K −$2.84/SF
EGI
$72.8K $25.12/SF
− OpEx
−$21.8K −$7.54/SF
NOI
$51.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,140
Cap Rate 7%
$727,957
Cap Rate 9%
$566,189
Alternative Uses
Best Use
Multifamily LT 5
$728.0K
$637.0K – $849.3K
NOI $50,957 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$629.5K
$550.8K – $734.5K
NOI $44,067 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$3.48M
$3.04M – $4.06M
NOI $243,415 @ 7.0% cap · market cap 19.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Explore this area
Business Placement
Demographics for 75208, TX
29,446
Population
13,655
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
6.1 sq mi
ZIP Area
4,827
Density / Sq Mi
$76,502
Median Household Income
$48,460
Median Earnings
$1,589
Median Rent
$415,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - New construction half duplex with two levels plus rooftop terrace, featuring 4 bedrooms and 3.5 bathrooms and a flexible lower suite.
Where is this duplex located?
The property is located at 1825 & 1827 Pollard Street Dallas, TX.
What is the asking price?
The asking price for this property is $1,220,000.
What are key features of this property?
This property features: New construction (Year Built 2026) half duplex with 4 bedrooms, 3.5 bathrooms, and 2,898 sq ft over two living levels; Open‑concept main layout with expansive windows and a spacious kitchen featuring a large island and gas range; Primary suite includes a spa‑like bath with a soaking tub and custom tile
