Single-Story Full Duplex
15755 El Estado Drive, Dallas, TX 75248
New
MULTI_FAMILY - Dallas, TX
Property size:
2,782 SFLot size:
0.24 AcresPrice / SF:
$213/SF- Added:
- May 29, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 4 at 11:06 pm
Property Features for 15755 El Estado Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 5, Bathroom 1
- Parking
- 4
- Parking features
- Covered, Carport
- Patio and Porch features
- Patio
- Interior features
- DecorativeDesignerLightingFixtures, HighSpeedInternet, Pantry, CableTv, WalkInClosets
- Exterior features
- Lighting, RainGutters
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricCooktop, ElectricOven, Disposal, Microwave, VentedExhaustFan
- Standard status
- Active Under Contract
- APN
- 00000799153000000
- Size
- 2,782 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Description
- RICHARDSON HEIGHTS ESTS WEST REV BLK 33/8196
- Tax Annual Amount
- 11386
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Fireplace(s), Electric (Heating)
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1968
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Laminate
- Building materials
- Brick
- Roof type
- Composition
Listing agent Graham Pearce License #0505854 (214) 526-4663
Listing office Keller Williams Dallas Midtown Dallas, TX (214) 526-4663
Listing date May 29, 2026
MLS# 21182372
Listing URL
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.
HighLights
- Single‑story full duplex with two separate units, each with 3 bedrooms and 2 full bathrooms
- One side is move‑in ready with a large living area anchored by a fireplace with built‑ins
- Updated kitchen includes modern finishes and stainless steel appliances
- Second unit is tenant‑occupied with a lease in place
- Private utilities and separate entrances for each side of the duplex
- Built in 1968 with brick construction, central HVAC, and composition roof; public water and public sewer
Overview
Well-maintained single-story full duplex designed for flexible ownership. Each side offers three bedrooms and two full bathrooms, with separate entrances and private utilities for a practical, low-friction living setup. Interiors include spacious living areas, and one half is move-in ready with a large living room anchored by a cozy fireplace with built-ins. That unit also features an updated kitchen with modern finishes and stainless steel appliances, supported by generously sized bedrooms and well-appointed bathrooms. The second half is tenant-occupied with a lease in place, providing immediate rental income.
Situated in North Dallas within highly sought-after Richardson ISD, the property is conveniently located near UT Dallas, shopping, dining, and major commuting routes. This positioning supports both investor appeal for steady cash flow and owner-occupant convenience for daily access to work and amenities.
For investors, the duplex configuration with private utilities and an in-place tenant supports a straightforward income strategy. Owner-occupants can also consider living in the move-in ready unit while leasing the other side. Overall, the layout and condition make this property a strong fit for those seeking a manageable, single-level multifamily option in a desirable school district area.
Situated in North Dallas within highly sought-after Richardson ISD, the property is conveniently located near UT Dallas, shopping, dining, and major commuting routes. This positioning supports both investor appeal for steady cash flow and owner-occupant convenience for daily access to work and amenities.
For investors, the duplex configuration with private utilities and an in-place tenant supports a straightforward income strategy. Owner-occupants can also consider living in the move-in ready unit while leasing the other side. Overall, the layout and condition make this property a strong fit for those seeking a manageable, single-level multifamily option in a desirable school district area.
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 | $77.8k | $27.96 |
| − Vacancy | −$7.9k | −$2.84 |
| EGI | $69.9k | $25.12 |
| − OpEx | −$21.0k | −$7.54 |
| NOI | $48.9k | $17.58 |
2,782 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$698.8K
$611.5K – $815.3K
NOI $48,917 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$604.3K
$528.8K – $705.1K
NOI $42,303 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$3.34M
$2.92M – $3.89M
NOI $233,672 @ 7.0% cap · market cap 39.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.772196
- Latitude
- 32.963426
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained duplex with separate entrances and private utilities, offering both move-in readiness and leased rental income.
Where is this duplex located?
The property is located at 15755 El Estado Drive Dallas, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Single‑story full duplex with two separate units, each with 3 bedrooms and 2 full bathrooms; One side is move‑in ready with a large living area anchored by a fireplace with built‑ins; Updated kitchen includes modern finishes and stainless steel appliances
