Two-Unit Duplex with Private
For Sale
$575,000
7010 & 7012 Kingsbury Dr, Dallas, TX 75231
Full duplex with separately configured units, shared garage parking, fenced outdoor areas, and in-place professional management.
Property Size2,376 SF
Price / SF$242
Days on Market62
Property Features for 7010 & 7012 Kingsbury Dr
General Information
Standard status
Active
Size
2,376 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units
2
Parking per Unit
1
Amenities
granite counters
electric cooktop and oven
dishwasher
disposal
full size stack
private backyard with wood fence
Building Details
Year Built
1961
Listing Agency:
Campagna Real Estate Corp.
Listed By:
Franceanna Campagna · License #0509493
(972) 588-8863
Source:
Christenberrygroup
Added: Aug 7
Changed: Sep 5
Last Checked: Oct 7 at 3:23PM
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 Campagna Real Estate Corp.
Investment Insights
Based on property information with market context.
This full duplex at 7010 & 7012 Kingsbury Dr contains 2,376 square feet and was built in 1961. The two residences include one 2-bedroom, 1-bath unit and a second 2-bedroom, 2-bath unit. The larger residence features granite kitchen counters, an electric cooktop, and an oven. Both units include a dishwasher, disposal, full-size stackable laundry equipment, and a private backyard enclosed by a wood fence. Each residence has one designated parking space in the shared garage.
The property is located in Dallas, TX 75231, minutes from White Rock Lake. Professional management is in place, supporting continued use as a two-residence income property or an owner-occupied duplex.
The property is located in Dallas, TX 75231, minutes from White Rock Lake. Professional management is in place, supporting continued use as a two-residence income property or an owner-occupied duplex.
Key Highlights
- Two‑unit duplex totaling 2,376 square feet
- Unit mix includes one 2‑bedroom, 1‑bath residence and one 2‑bedroom, 2‑bath residence
- Each unit includes a private wood‑fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,778
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,560
$835.6K
Cap Rate 7%
$596,829
$596.8K
Cap Rate 9%
$464,200
$464.2K
Market Conditions
NOI Build-Up for 2,376 SF
Gross rent
$66.4K $27.96/SF
− Vacancy
−$6.7K −$2.84/SF
EGI
$59.7K $25.12/SF
− OpEx
−$17.9K −$7.54/SF
NOI
$41.8K $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 Rate 5%
$835,560
Cap Rate 7%
$596,829
Cap Rate 9%
$464,200
Alternative Uses
Best Use
Multifamily LT 5
$596.8K
$522.2K – $696.3K
NOI $41,778 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$516.1K
$451.6K – $602.2K
NOI $36,129 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$2.85M
$2.49M – $3.33M
NOI $199,570 @ 7.0% cap · market cap 34.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
932
Businesses Nearby
Explore this area
Business Placement
Demographics for 75231, TX
40,754
Population
21,412
Households
1.9
Avg Household Size
32
Median Age
39%
College-Educated
82%
High-School Grad
5.5 sq mi
ZIP Area
7,410
Density / Sq Mi
$54,884
Median Household Income
$40,100
Median Earnings
$1,220
Median Rent
$466,200
Median Home Value
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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 - Full duplex with separately configured units, shared garage parking, fenced outdoor areas, and in-place professional management.
Where is this duplex located?
The property is located at 7010 & 7012 Kingsbury Dr Dallas, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,376 square feet; Unit mix includes one 2‑bedroom, 1‑bath residence and one 2‑bedroom, 2‑bath residence; Each unit includes a private wood‑fenced backyard
