Contemporary Duplex with Two Units

2009/2011 N Prairie Avenue Dallas, TX 75204

Claim this Listing
For Sale
$1,599,998

MULTI_FAMILY - Dallas, TX

Property size:
6,296 SF
Lot size:
0.07 Acres
Price / SF:
$254/SF
Added:
Jul 2, 2026
Days on Market:
8
Last Refresh:
Jul 9 at 8:06 pm

Property Features for 2009/2011 N Prairie Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
8
Rooms
Bedroom 3, Bedroom 5, Bathroom 8, Bathroom 4, Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 6, Bedroom 1, Bedroom 4, Bedroom 8, Bathroom 7, Bathroom 5, Bedroom 2
Parking
4
Parking features
Oversize, Driveway, Covered, Open, On Street, Garage
Security features
Security
Patio and Porch features
Patio, Porch
Interior features
BuiltInFeatures, Chandelier, CathedralCeilings, DecorativeDesignerLightingFixtures, DoubleVanity, EatInKitchen, GraniteCounters, HighSpeedInternet, InLawFloorplan, KitchenIsland, MultipleMasterSuites, OpenFloorplan, Pantry, CableTv, VaultedCeilings, NaturalWoodwork, WalkInClosets
Exterior features
Balcony, Courtyard, DogRun, PrivateEntrance, PrivateYard
Fencing
Privacy, Fenced, Gate
Fireplace
1
Appliances
SomeGasAppliances, Dishwasher, Disposal, GasRange, GasWaterHeater, Microwave, PlumbedForGas, SomeCommercialGrade, VentedExhaustFan
Standard status
Active
APN
000653000D0340000
Size
6,296 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Description
FAKES PARK PLACE BLK D/653 PTLTS 34 & 35 ACS
Tax Annual Amount
18793

Utilities

Sewer type
Public Sewer
Heating system
Central, Natural Gas, Fireplace(s)
Cooling system
Electric, Central Air, Ceiling Fan(s)
Water source
Public

Building Details

Year built
2017
Floors in Building
2
Number of units
2
Flooring type
Tile, Wood, Combination, Hardwood
Building materials
Brick
Roof type
Flat, Mixed

Listing agent Lanae Humbles License #0610093

Listing office Twenty-Two Realty Mansfield, TX

Listing date Jul 2, 2026

MLS# 21137395 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.


Investment Insights

Based on property information with market context.

This contemporary duplex features an open-concept layout with a bright foyer, tall ceilings, and hardwood flooring, with a freshly painted interior. Downstairs, the main living areas include a combined dining and living space with a cozy fireplace, plus a kitchen equipped with stainless appliances, a gas range with a pot filler, a huge breakfast island, and a massive walk-in pantry with built-in storage. A mudroom off the garage adds practicality. Upstairs, residents benefit from a game room and an oversized laundry room with built-in cabinets and counter space, along with primary suites that include a soaking tub, double sinks, and a separate shower with body sprays, plus an additional primary suite suited for multi-generational or co-living arrangements. Multiple balconies provide outdoor options, and there is a large covered patio downstairs for gatherings. The property also includes a tall privacy fence, easy-maintenance landscaping, and a gated entry.

Located at 2009/2011 N Prairie Avenue in Dallas, the home is positioned for access to local parks, recreational facilities, shopping, restaurants, and entertainment areas mentioned in the remarks, including Deep Ellum and the Baylor Medical District.

The current use as an Airbnb and the presence of two furnished, self-contained units make this property a strong fit for buyers seeking a duplex configuration designed to support short-term hosting and guest-ready living spaces, while offering indoor comfort and outdoor entertainment areas for occupants.

Key Highlights

  • 2017‑built brick duplex with multiple master suites and an open floorplan
  • Open‑concept kitchen with granite counters, gas range, kitchen island, stainless appliances, and a huge walk‑in pantry with built‑in storage
  • Living area features a fireplace; interior includes hardwood and tile flooring plus decorative lighting and cathedral/vaulted ceilings

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 $176.0k $27.96
− Vacancy −$17.9k −$2.84
EGI $158.2k $25.12
− OpEx −$47.4k −$7.54
NOI $110.7k $17.58
6,296 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.58M
$1.38M – $1.85M (±1% cap)
NOI $110,706 @ 7.0% cap · market cap 6.92%
Second Best
Apartment 5plus
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,737 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$7.55M
$6.61M – $8.81M (±1% cap)
NOI $528,828 @ 7.0% cap · market cap 33.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Nursing Home Butcher Kitchen & Bath Showroom Plumbing Service Clothing & Fashion Store Florist Building Supply Fish Market Adult Day Care Buffet

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Freshly painted duplex currently operated as an Airbnb with two furnished units and multiple outdoor entertaining spaces.
Where is this duplex located?
The property is located at 2009/2011 N Prairie Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $1,599,998.
What are key features of this property?
This property features: 2017‑built brick duplex with multiple master suites and an open floorplan; Open‑concept kitchen with granite counters, gas range, kitchen island, stainless appliances, and a huge walk‑in pantry with built‑in storage; Living area features a fireplace; interior includes hardwood and tile flooring plus decorative lighting and cathedral/vaulted ceilings
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