Mixed-Use Building with Retail and
1303 Dragon Unit #A Street Dallas, TX 75207
1303 Dragon Unit #A Street, Dallas, TX, 75207
$4,562,500
For Sale
$4,562,500
MULTI_FAMILY - Dallas, TX
Property Size12,500 SF
Lot Size0.24 Acres
Price / SF$365
Days on Market283
Property Features for 1303 Dragon Unit #A Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 18
- Parking features
- Garage, Alley, Assigned
- Interior features
- Chandelier, DecorativeDesignerLightingFixtures, MultipleStaircases, OpenFloorplan, Pantry
- Appliances
- BuiltInGasRange, BuiltInRefrigerator, Dryer, Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, Disposal, Refrigerator, Washer
- Standard status
- Active
- APN
- 00C71850001303A00
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Description
- 1303 DRAGON STREET CONDOS BLK 5/6835 LT24&PT3
- Tax Annual Amount
- 19049
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 3
- Number of units
- 4
- Flooring type
- Tile, Concrete
- Building materials
- Brick, Concrete
- Roof type
- Composition
Listing Agency
OnDemand Realty
(214) 766-5833
Frisco, TX
Listed by
Annie Stiles · License #0734735
(214) 766-5833
Added: Oct 8, 2025 Checked: Jul 17 at 9:06 am
MLS# 21081457
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Introducing 1303 Dragon Street, a fully renovated mixed-use property originally built in 2006 and extensively upgraded in 2021. The building totals 12,500 SF and is configured with approximately 4,421 SF of ground-floor retail space alongside three individually deeded residential condominiums. Each condo includes its own private entrance, with high-end finishes and smart technology throughout. Residential amenities include a climate-controlled, six-car garage and a private rooftop patio, offering an elevated live/work/play experience.
The property is located in the heart of the Dallas Design District, an area noted for its ongoing growth and active retail and entertainment scene. It is described as within walking distance to restaurants, galleries, and nightlife, and positioned just steps from The Seam, a 160,000 SF destination for upscale dining, retail, design, and wellness. The asset also benefits from 18 on-site parking spaces, a notable convenience in a market where parking can be limited.
This layout supports multiple income and occupancy strategies, from live/work concepts and long-term residential value to a flagship-style ground-floor retail presence. With three separately deeded condo units and dedicated entrances, the property is well-suited for investors seeking versatility in an established mixed-use setting.
The property is located in the heart of the Dallas Design District, an area noted for its ongoing growth and active retail and entertainment scene. It is described as within walking distance to restaurants, galleries, and nightlife, and positioned just steps from The Seam, a 160,000 SF destination for upscale dining, retail, design, and wellness. The asset also benefits from 18 on-site parking spaces, a notable convenience in a market where parking can be limited.
This layout supports multiple income and occupancy strategies, from live/work concepts and long-term residential value to a flagship-style ground-floor retail presence. With three separately deeded condo units and dedicated entrances, the property is well-suited for investors seeking versatility in an established mixed-use setting.
Key Highlights
- 12,500 SF mixed‑use property built in 2006 and extensively upgraded in 2021.
- Ground‑floor retail space totals 4,421 SF.
- Three individually deeded condos: 2,947 SF, 2,498 SF, and 2,634 SF.
Local Financial Insights For Retail
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 | $301.5k | $24.12 |
| − Vacancy | −$14.2k | −$1.13 |
| EGI | $287.3k | $22.99 |
| − OpEx | −$86.2k | −$6.90 |
| NOI | $201.1k | $16.09 |
12,500 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.87M
$2.51M – $3.35M
NOI $201,131 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$2.72M
$2.38M – $3.17M
NOI $190,075 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$15.00M
$13.12M – $17.50M
NOI $1,049,928 @ 7.0% cap · market cap 23.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Fully renovated mixed-use property combining ground-floor retail with three individually deeded condos and premium parking.
Where is this mixed-use property located?
The property is located at 1303 Dragon Unit #A Street Dallas, TX.
What is the asking price?
The asking price for this property is $4,562,500.
What are key features of this property?
This property features: 12,500 SF mixed‑use property built in 2006 and extensively upgraded in 2021.; Ground‑floor retail space totals 4,421 SF.; Three individually deeded condos: 2,947 SF, 2,498 SF, and 2,634 SF.
