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Fully Leased Duplex Investment
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1315 Kings Highway, Dallas, TX 75208

Well-maintained duplex with two leased units, each offering 2 bedrooms and 1 bathroom, plus stainless appliances and stackable washer/dryer.

Property SizeContact for details
Days on Market216

Property Features for 1315 Kings Highway

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Duplex
Occupancy 100%

Additional Details

Multifamily Units 2

Amenities

Cable Ready
Central Air
Central
Dryer
Dishwasher
Gas Range
Refrigerator
Washer
Patio, Porch, Sewer Available, Water Available, Cable Available, Composition

Building Details

Year Built 1925
Tenancy Multi
Listing Agency: Guildford LTD dba Keller Williams Realty
Listed By: Seychelle Van Poole · License #0522221
Source: Kw
Added: Mar 14 Changed: Oct 13 Last Checked: Oct 12 at 5:43PM

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 Guildford LTD dba Keller Williams Realty

Investment Insights

Based on property information with market context.

This fully leased duplex offers two separate units, each configured with 2 bedrooms and 1 bathroom. Both units include a full kitchen with stainless steel appliances and a stackable washer and dryer. A four-car carport in the rear provides convenient on-site tenant parking, and the property has been well maintained, including a roof replacement in 2022.

The property is located in the Kings Highway neighborhood near Bishop Arts District, with nearby proximity to Stevens Park Golf Course and Rosemont Elementary School. The area is described as walkable to local destinations, and the home provides easy access to the shops, dining, and entertainment associated with the district.

Water and lawn care are included for the tenants based on current lease terms. The upstairs unit lease expires at the end of June, providing the next owner with the option to move in while continuing to rent the downstairs unit or maintain the property as a fully income-producing asset.

Key Highlights

  • Fully leased duplex with 2 units, each featuring 2 bedrooms and 1 bathroom
  • Both units are leased for $1,789 per month total, with water and lawn care included
  • Upstairs unit lease expires at the end of June, offering flexibility for an owner occupant

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby

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
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex with two leased units, each offering 2 bedrooms and 1 bathroom, plus stainless appliances and stackable washer/dryer.
Where is this duplex located?
The property is located at 1315 Kings Highway Dallas, TX.
What are key features of this property?
This property features: Fully leased duplex with 2 units, each featuring 2 bedrooms and 1 bathroom; Both units are leased for $1,789 per month total, with water and lawn care included; Upstairs unit lease expires at the end of June, offering flexibility for an owner occupant
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