Duplex with Updated
New
For Sale
$550,000
13433 Blossomheath Lane 13435, Dallas, TX 75240
Both residences have three bedrooms and two bathrooms, with the 13433 side recently renovated.
Property Size2,812 SF
Days on Market3
Property Features for 13433 Blossomheath Lane 13435
General Information
Standard status
Active
Size
2,812 SF
Property subtype
Duplex
Site & Location
Neighborhood
Telecom Corridor
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Amenities
storage
fireplace
laundry area
Building Details
Building Size
2,812 SF
Year Built
1966
Listing Agency:
Keller Williams Dallas Midtown
Listed By:
Diane Ledford · License #0238260
(214) 801-8243
Source:
Nilesrealtygroup
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 3:59AM
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 Keller Williams Dallas Midtown
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The duplex at 13433–13435 Blossomheath Lane contains two residences, each with three bedrooms and two bathrooms. The 13433 unit has been updated and includes a one-car garage. Its interior features wood flooring, a living room fireplace, and a galley kitchen with granite counters, stainless steel appliances, an electric range, and a pantry. The primary bedroom has an ensuite bathroom with a separate shower; two additional bedrooms and a hall bath complete the layout. A washer-and-dryer area and multiple linen closets provide additional storage.
The dining area connects to the kitchen and opens through double doors to a side yard. The property has a Dallas address in ZIP code 75240 and is associated with Richardson schools.
The dining area connects to the kitchen and opens through double doors to a side yard. The property has a Dallas address in ZIP code 75240 and is associated with Richardson schools.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 13433 unit recently updated and includes a one‑car garage
- Wood flooring and a fireplace in the 13433 living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,445
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$988,900
$988.9K
Cap Rate 7%
$706,357
$706.4K
Cap Rate 9%
$549,389
$549.4K
Market Conditions
NOI Build-Up for 2,812 SF
Gross rent
$78.6K $27.96/SF
− Vacancy
−$8.0K −$2.84/SF
EGI
$70.6K $25.12/SF
− OpEx
−$21.2K −$7.54/SF
NOI
$49.4K $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%
$988,900
Cap Rate 7%
$706,357
Cap Rate 9%
$549,389
Alternative Uses
Best Use
Multifamily LT 5
$706.4K
$618.1K – $824.1K
NOI $49,445 @ 7.0% cap · market cap 8.99%
Second Best
Apartment 5plus
$610.8K
$534.5K – $712.7K
NOI $42,759 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$3.37M
$2.95M – $3.94M
NOI $236,192 @ 7.0% cap · market cap 42.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,469
Businesses Nearby
Explore this area
Business Placement
Demographics for 75240, TX
25,839
Population
12,014
Households
2.2
Avg Household Size
33
Median Age
34%
College-Educated
74%
High-School Grad
3.8 sq mi
ZIP Area
6,800
Density / Sq Mi
$56,056
Median Household Income
$32,171
Median Earnings
$1,333
Median Rent
$326,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms and two bathrooms, with the 13433 side recently renovated.
Where is this duplex located?
The property is located at 13433 Blossomheath Lane 13435 Dallas, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 13433 unit recently updated and includes a one‑car garage; Wood flooring and a fireplace in the 13433 living room
