New Build Duplex-Style
1405 Barry Avenue Dallas, TX 75223
1405 Barry Avenue, Dallas, TX, 75223
$345,999
For Sale
$345,999
Newly completed duplex-style home with three bedrooms, two-and-a-half baths, and a two-car garage, plus a spacious backyard.
Property Size1,700 SF
Price / SF$203.53
Days on Market155
Property Features for 1405 Barry Avenue
General Information
- Standard status
- Active
- Size
- 1,700 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2025
Listing agency
Fathom Realty, LLC
(301) 674-3757
Listed by
Stella Hamilton · License #0787446
(301) 674-3757
Source
Compass
Added: Feb 17 Updated: Jul 21 at 2:27PM Checked: Jul 21 at 2:27PM
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 Fathom Realty, LLC
Investment Insights
Based on property information with market context.
Completed in December 2025, this new-build duplex-style residential income home is designed with modern living in mind and finished throughout with contemporary materials. The layout includes three bedrooms and 2.5 bathrooms, with an open-concept flow into an eat-in kitchen. The kitchen features expansive countertops, a large center island for meal prep and gathering, and abundant cabinetry for everyday storage. Upstairs, the primary suite offers a dual-vanity, spa-like bathroom and an oversized walk-in closet.
The property also includes a spacious backyard and a two-car garage. Located at 1405 Barry Avenue in Dallas, TX 75223, it presents a move-in-ready option for buyers seeking a brand-new, thoughtfully finished residence.
The property also includes a spacious backyard and a two-car garage. Located at 1405 Barry Avenue in Dallas, TX 75223, it presents a move-in-ready option for buyers seeking a brand-new, thoughtfully finished residence.
Key Highlights
- Completed new build in December 2025 with 3 bedrooms and 2.5 bathrooms
- Open‑concept interior with eat‑in kitchen, kitchen island, pantry, and walk‑in closets
- Kitchen appliances include dishwasher, disposal, microwave, refrigerator, gas cooktop, gas oven, and gas range
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $27.96 |
| − Vacancy | −$4.8k | −$2.84 |
| EGI | $42.7k | $25.12 |
| − OpEx | −$12.8k | −$7.54 |
| NOI | $29.9k | $17.58 |
1,700 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$427.0K
$373.7K – $498.2K
NOI $29,892 @ 7.0% cap · market cap 8.64%
Second Best
Apartment 5plus
$369.3K
$323.1K – $430.8K
NOI $25,850 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,790 @ 7.0% cap · market cap 41.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newly completed duplex-style home with three bedrooms, two-and-a-half baths, and a two-car garage, plus a spacious backyard.
Where is this duplex located?
The property is located at 1405 Barry Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $345,999.
What are key features of this property?
This property features: Completed new build in December 2025 with 3 bedrooms and 2.5 bathrooms; Open‑concept interior with eat‑in kitchen, kitchen island, pantry, and walk‑in closets; Kitchen appliances include dishwasher, disposal, microwave, refrigerator, gas cooktop, gas oven, and gas range
