Two-Residence Duplex with
For Sale
$949,900
13740 Vida Lane, Dallas, TX 75253
ResidentialIncome, Dallas, TX
Property Size4,418 SF
Lot Size2.42 Acres
Price / SF$215.01
Days on Market15
Property Features for 13740 Vida Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
6
Full bathrooms
5
Half bathrooms
1
Rooms
Bathroom 6, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 8, Bedroom 6, Bathroom 4, Bedroom 2
Parking
10
Parking features
Open, Oversize, Gated, Garage, Driveway, Carport, Guest
Interior features
DecorativeDesignerLightingFixtures, GraniteCounters, HighSpeedInternet, MultipleMasterSuites, Pantry, CableTv, VaultedCeilings, WalkInClosets
Exterior features
RainGutters
Fencing
Fenced
Fireplace
1
Appliances
Dishwasher, ElectricCooktop, ElectricOven, ElectricWaterHeater, Disposal, Microwave, VentedExhaustFan
Lot features
Back Yard, Lawn, Landscaped, Sprinkler System, Few Trees
Elementary school
Kleberg
Middle school
Seagoville
High school
Seagoville
Elementary school district
Dallas ISD
Middle school district
Dallas ISD
High school district
Dallas ISD
Directions
GPS Friendly
Standard status
Active
APN
00000899825700000
Size
4,418 SF
Lot size
2.42 Acres
Taxes and HOA fees
Tax Description
BLK 8820 TR 289 ACS 2.42 VOL200600250336 DD06
Tax Annual Amount
15266
Legal Description
BLK 8820 TR 289 ACS 2.42 VOL200600250336 DD06
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central, Fireplace(s)
Cooling system
Central Air, Electric, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1989
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Brick
Roof type
Composition
Listing Agency:
Coldwell Banker Apex, REALTORS · Coldwell Banker Real Estate
(972) 772-9300
Listed By:
Shannon Haury · License #0535037
(469) 450-7355
Added: Aug 14
Changed: Aug 19
Last Checked: Aug 28 at 3:06PM
MLS# 21360259
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex property contains two separate residences totaling 4,418 square feet on 2.42 acres. The primary home measures 1,992 square feet and was updated in 2025 with a modern kitchen, quartz countertops, stainless steel appliances, refreshed bathrooms, vaulted living space, a brick wood-burning fireplace, and luxury vinyl plank flooring in the bedrooms. It connects by breezeway to a two-car garage with a bar sink and toilet, along with covered patio space.
The second residence measures 2,426 square feet and includes a full kitchen, dining area, multiple living spaces, bedrooms, bathrooms, laundry facilities, and a large air-conditioned converted garage-flex room. Each home has a separate driveway, individual electric meter, gutters, covered patio, and privately fenced backyard. The entire property is fenced, with pea gravel drives, public water, and public sewer. Built in 1989, the property is located in Dallas, Texas.
The second residence measures 2,426 square feet and includes a full kitchen, dining area, multiple living spaces, bedrooms, bathrooms, laundry facilities, and a large air-conditioned converted garage-flex room. Each home has a separate driveway, individual electric meter, gutters, covered patio, and privately fenced backyard. The entire property is fenced, with pea gravel drives, public water, and public sewer. Built in 1989, the property is located in Dallas, Texas.
Key Highlights
- Two separate residences totaling 4,418 square feet on 2.42 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 = 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
$77,684
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
8.18%
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%
$1,553,680
$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
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
$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 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%
$1,553,680
Cap Rate 7%
$1,109,771
Cap Rate 9%
$863,156
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$971.1K – $1.29M
NOI $77,684 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$959.7K
$839.8K – $1.12M
NOI $67,180 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$5.30M
$4.64M – $6.18M
NOI $371,087 @ 7.0% cap · market cap 39.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Separate homes provide flexible living arrangements, private outdoor areas, and independent utility metering on a fenced parcel.
Where is this duplex located?
The property is located at 13740 Vida Lane Dallas, TX.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Two separate residences totaling 4,418 square feet on 2.42 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
