New Construction Full
For Sale
$666,000
3193 & 3195 Stag Road, Dallas, TX 75241
New construction full duplex on a corner lot, offering two mirror-image units with private backyards and covered patios.
Property Size3,440 SF
Price / SF$193.60
Days on Market50
Property Features for 3193 & 3195 Stag Road
General Information
Standard status
Active
Size
3,440 SF
Total Parking Spaces
4
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,225
Amenities
private backyard
covered patio
Building Details
Building Size
3,440 SF
Year Built
2026
Construction
modern-contemporary
Tenancy
Multi
Listing Agency:
Only 1 Realty Group Dallas
Listed By:
Alex Cortez · License #0686645
(469) 222-8689
Source:
Nilesrealtygroup
Added: Jul 27
Changed: Sep 2
Last Checked: Sep 13 at 12:32PM
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 Only 1 Realty Group Dallas
Investment Insights
Based on property information with market context.
This new construction full duplex is designed as two mirror-image residences, providing separate living arrangements with practical multi-generational flexibility. Each unit includes three bedrooms and 2.5 bathrooms, with all bedrooms positioned upstairs. Interiors feature light-filled open floor plans that connect the living, dining, and kitchen areas, along with kitchen islands and low-maintenance laminate flooring. Each unit also offers a two-car garage, plus a private backyard and a covered patio for outdoor living.
The property sits on a corner lot, with convenient access to Cummings Park, located less than a mile away.
Overall, the layout emphasizes separation and privacy while maintaining an open, modern feel within each unit.
The property sits on a corner lot, with convenient access to Cummings Park, located less than a mile away.
Overall, the layout emphasizes separation and privacy while maintaining an open, modern feel within each unit.
Key Highlights
- New construction full duplex (2026) on a corner lot in Dallas.
- Two mirror‑image units, each with 3 bedrooms, 2.5 baths, and a 2‑car garage.
- 3,440 combined SF with open living, dining, and kitchen layouts in both units.
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
$60,487
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
9.08%
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%
$1,209,740
$1.2M
Cap Rate 7%
$864,100
$864.1K
Cap Rate 9%
$672,078
$672.1K
Market Conditions
NOI Build-Up for 3,440 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
$96.2K $27.96/SF
− Vacancy
−$9.8K −$2.84/SF
EGI
$86.4K $25.12/SF
− OpEx
−$25.9K −$7.54/SF
NOI
$60.5K $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%
$1,209,740
Cap Rate 7%
$864,100
Cap Rate 9%
$672,078
Alternative Uses
Best Use
Multifamily LT 5
$864.1K
$756.1K – $1.01M
NOI $60,487 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$747.3K
$653.9K – $871.8K
NOI $52,309 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$4.13M
$3.61M – $4.82M
NOI $288,940 @ 7.0% cap · market cap 43.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Explore this area
Business Placement
Demographics for 75241, TX
32,944
Population
11,151
Households
3
Avg Household Size
35
Median Age
11%
College-Educated
81%
High-School Grad
25.3 sq mi
ZIP Area
1,302
Density / Sq Mi
$51,171
Median Household Income
$31,426
Median Earnings
$1,208
Median Rent
$162,900
Median Home Value
Check the figures for this property
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 - New construction full duplex on a corner lot, offering two mirror-image units with private backyards and covered patios.
Where is this duplex located?
The property is located at 3193 & 3195 Stag Road Dallas, TX.
What is the asking price?
The asking price for this property is $666,000.
What are key features of this property?
This property features: New construction full duplex (2026) on a corner lot in Dallas.; Two mirror‑image units, each with 3 bedrooms, 2.5 baths, and a 2‑car garage.; 3,440 combined SF with open living, dining, and kitchen layouts in both units.
