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2-Acre Duplex Property
For Sale
$924,900

13740 Vida Ln, Dallas, TX 75253

Two separate residences offer individual driveways, electric meters, and privately fenced backyards.

Property Size4,418 SF
Lot Size2.00 Acres
Price / SF$209.35
Days on Market55

Property Features for 13740 Vida Ln

General Information

Standard status Active
Size 4,418 SF
Lot size 2.00 Acres
Property subtype Multi-Family

Additional Details

Utilities to Site Yes
Multifamily Units 2

Amenities

covered patio
air-conditioned flex room
fenced backyard
ceiling fans
walk-in closets
laundry-mudroom
wood-burning fireplace

Building Details

Year Built 1989
Year Renovated 2025
Buildings 2
Listing Agency: Coldwell Banker Apex, REALTORS
Listed By: Shannon Haury, Lester Haury · License #0630637
Source: Cityupgroup
Added: Aug 21 Changed: Oct 3 Last Checked: Oct 7 at 4:14PM

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 Coldwell Banker Apex, REALTORS

Investment Insights

Based on property information with market context.

This duplex property at 13740 Vida Ln includes two separate residences totaling 4,418 measured square feet on a 2-acre parcel. Built in 1989, the primary home measures 1,992 square feet and was updated in 2025 with a modern kitchen, quartz countertops, stainless steel appliances, refreshed bathrooms, luxury vinyl plank bedroom flooring, and a vaulted living room with a brick wood-burning fireplace. It also includes a two-car garage, breezeway, covered patio areas, and a laundry-mudroom with pantry and utility closet.

The second residence measures 2,426 square feet and provides a full kitchen, dining area, multiple living spaces, bedrooms, bathrooms, laundry facilities, and a large air-conditioned converted garage-flex room. Both homes have separate driveway access, individual electric meters, gutters, covered outdoor areas, and privately fenced backyards. Pea gravel drives and full perimeter fencing serve the property.

Key Highlights

  • Two residences totaling 4,418 measured square feet on 2 acres
  • Primary residence measures 1,992 square feet and was updated in 2025
  • Second residence measures 2,426 square feet with an air‑conditioned converted garage‑flex room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,684
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,553,680 $1.6M
Cap Rate 7%
$1,109,771 $1.1M
Cap Rate 9%
$863,156 $863.2K
Market Conditions
NOI Build-Up for 4,418 SF
Gross rent
$123.5K $27.96/SF
− Vacancy
−$12.6K −$2.84/SF
EGI
$111.0K $25.12/SF
− OpEx
−$33.3K −$7.54/SF
NOI
$77.7K $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%
$1,553,680
Cap Rate 7%
$1,109,771
Cap Rate 9%
$863,156

Alternative Uses

Best Use
Multifamily LT 5
$1.11M
$971.1K – $1.29M (±1% cap)
NOI $77,684 @ 7.0% cap · market cap 8.40%
Second Best
Apartment 5plus
$959.7K
$839.8K – $1.12M (±1% cap)
NOI $67,180 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$5.30M
$4.64M – $6.18M (±1% cap)
NOI $371,087 @ 7.0% cap · market cap 40.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center HVAC Service Hair Salon

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby

Demographics for 75253, TX

25,867
Population
7,374
Households
3.5
Avg Household Size
28
Median Age
10%
College-Educated
64%
High-School Grad
14.9 sq mi
ZIP Area
1,736
Density / Sq Mi
$56,519
Median Household Income
$33,361
Median Earnings
$1,338
Median Rent
$121,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two separate residences offer individual driveways, electric meters, and privately fenced backyards.
Where is this duplex located?
The property is located at 13740 Vida Ln Dallas, TX.
What is the asking price?
The asking price for this property is $924,900.
What are key features of this property?
This property features: Two residences totaling 4,418 measured square feet on 2 acres; Primary residence measures 1,992 square feet and was updated in 2025; Second residence measures 2,426 square feet with an air‑conditioned converted garage‑flex room
More about this property
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