Contemporary Duplex with
New
For Sale
$710,000
1509 / 1511 S Barry Avenue, Dallas, TX 75223
ResidentialIncome, Dallas, TX
Property Size3,370 SF
Lot Size0.20 Acres
Price / SF$210.68
Days on Market2
Property Features for 1509 / 1511 S Barry Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 3, Bedroom 5, Bathroom 6, Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 1, Bathroom 5, Bedroom 4, Bathroom 4
Parking
4
Parking features
Garage, Driveway
Interior features
DecorativeDesignerLightingFixtures, DoubleVanity, EatInKitchen, GraniteCounters, HighSpeedInternet, KitchenIsland, OpenFloorplan, Pantry, WalkInClosets, WiredForSound
Exterior features
PrivateYard
Appliances
Dryer, Dishwasher, Disposal, GasRange, Microwave, Refrigerator, Washer
Subdivision
D Rowens Add
Lot features
Back Yard, Lawn
Elementary school
Roberts
Middle school
Long
High school
Woodrow Wilson
Elementary school district
Dallas ISD
Middle school district
Dallas ISD
High school district
Dallas ISD
Directions
Via S Fitzhugh Ave. Head toward Pennsylvania Ave. Make a U-turn at Pennsylvania Ave. Use the left 2 lanes to turn left onto S Fitzhugh Ave. Continue onto Crosstown Expy. Continue onto Barry Ave. Make a U-turn at Upshur St. Property is on the right.
Standard status
Active
APN
00000154507000000
Lot size
0.20 Acres
Taxes and HOA fees
Tax Description
D ROWENS BLK 1451 PT LT 27 ACS 0.1984
Tax Annual Amount
18696
Legal Description
D ROWENS BLK 1451 PT LT 27 ACS 0.1984
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
2024
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Roof type
Composition, Shingle
Listing Agency:
Prime Capital Real Estate Grou
Listed By:
Hannah Allen
(214) 851-3050
Added: Oct 27
Changed: Oct 28
Last Checked: Oct 28 at 1:06PM
MLS# 21413939
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.
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Investment Insights
Based on property information with market context.
Completed in 2024, this duplex contains two separate residences, each with three bedrooms and two-and-a-half bathrooms. Open-plan living areas connect to kitchens with granite counters, islands, gas ranges, and stainless steel appliances. Each home also includes a washer and dryer, walk-in closets, and a covered patio. Private driveways and front-facing garages serve the property.
The 0.198-acre property is in East Dallas, with access to Downtown Dallas, Deep Ellum, Fair Park, and Baylor University Medical Center. Santa Fe Trail and White Rock Lake are also identified nearby.
The 0.198-acre property is in East Dallas, with access to Downtown Dallas, Deep Ellum, Fair Park, and Baylor University Medical Center. Santa Fe Trail and White Rock Lake are also identified nearby.
Key Highlights
- Built in 2024
- Two residences, each with 3 bedrooms and 2.5 bathrooms
- 0.198‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,256
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,185,120
$1.2M
Cap Rate 7%
$846,514
$846.5K
Cap Rate 9%
$658,400
$658.4K
Market Conditions
NOI Build-Up for 3,370 SF
Gross rent
$94.2K $27.96/SF
− Vacancy
−$9.6K −$2.84/SF
EGI
$84.7K $25.12/SF
− OpEx
−$25.4K −$7.54/SF
NOI
$59.3K $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%
$1,185,120
Cap Rate 7%
$846,514
Cap Rate 9%
$658,400
Alternative Uses
Best Use
Multifamily LT 5
$846.5K
$740.7K – $987.6K
NOI $59,256 @ 7.0% cap · market cap 8.35%
Second Best
Apartment 5plus
$732.1K
$640.6K – $854.1K
NOI $51,244 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$4.04M
$3.54M – $4.72M
NOI $283,061 @ 7.0% cap · market cap 39.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
707
Businesses Nearby
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Business Placement
Demographics for 75223, TX
13,898
Population
4,872
Households
2.9
Avg Household Size
35
Median Age
24%
College-Educated
65%
High-School Grad
3.1 sq mi
ZIP Area
4,483
Density / Sq Mi
$66,641
Median Household Income
$35,470
Median Earnings
$1,363
Median Rent
$244,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, two-and-a-half bathrooms, a garage, and a private fenced yard.
Where is this duplex located?
The property is located at 1509 / 1511 S Barry Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Built in 2024; Two residences, each with 3 bedrooms and 2.5 bathrooms; 0.198‑acre lot
