Townhome-Style Condo
1914 Ashby Street Dallas, TX 75204
1914 Ashby Street, Dallas, TX, 75204
$2,625,000
For Sale
$2,625,000
Construction is underway on a five-unit townhome-style condo building with an anticipated March 2026 completion.
Property Size6,655 SF
Price / SF$394.44
Days on Market330
Property Features for 1914 Ashby Street
General Information
- Standard status
- Active
- Size
- 6,655 SF
- Property subtype
- Multi-Family / Multiple Single Units
Building Details
- Year Built
- 2025
Listing agency
Christie's Lone Star
(214) 384-9338
Listed by
Courtney Tauriac · License #0606525
(214) 384-9338
Source
Compass
Added: Aug 26, 2025 Updated: Jul 20 at 6:31PM Checked: Jul 21 at 6:53AM
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 Christie's Lone Star
Investment Insights
Based on property information with market context.
This for-sale development features a townhome-style condo building currently under construction, with five individual units planned. The property is being marketed as a completed-project opportunity with anticipated completion in March 2026.
The site is located at 1914 Ashby Street in Dallas, Texas. The property is described as being positioned to benefit from the East Dallas area’s ongoing growth and neighborhood activity.
For buyers and investors, this project offers the option to hold the building for income or sell individual units after completion, depending on the selected ownership strategy.
The site is located at 1914 Ashby Street in Dallas, Texas. The property is described as being positioned to benefit from the East Dallas area’s ongoing growth and neighborhood activity.
For buyers and investors, this project offers the option to hold the building for income or sell individual units after completion, depending on the selected ownership strategy.
Key Highlights
- Five‑unit townhome‑style condo building with construction underway
- Anticipated completion March 2026
- Three‑or‑more levels; 3 stories total
Local Financial Insights For Apartment 5plus
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 | $206.0k | $30.96 |
| − Vacancy | −$22.0k | −$3.31 |
| EGI | $184.0k | $27.65 |
| − OpEx | −$82.8k | −$12.44 |
| NOI | $101.2k | $15.21 |
6,655 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.45M
$1.26M – $1.69M
NOI $101,196 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.99M
$6.99M – $9.32M
NOI $558,982 @ 7.0% cap · market cap 21.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Construction is underway on a five-unit townhome-style condo building with an anticipated March 2026 completion.
Where is this apartment building located?
The property is located at 1914 Ashby Street Dallas, TX.
What is the asking price?
The asking price for this property is $2,625,000.
What are key features of this property?
This property features: Five‑unit townhome‑style condo building with construction underway; Anticipated completion March 2026; Three‑or‑more levels; 3 stories total
