Three-Story Five-Unit Condo
2147 Mail Avenue, Dallas, TX 75235
MULTI_FAMILY - Dallas, TX
Property size:
7,883 SFLot size:
0.17 AcresPrice / SF:
$269/SF- Added:
- Jun 20, 2026
- Days on Market:
- 18
- Last Refresh:
- Jul 7 at 12:06 pm
Property Features for 2147 Mail Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 10
- Bathrooms
- 15
- Rooms
- Bedroom 7, Bedroom 1, Bathroom 15, Bathroom 9, Bedroom 9, Bedroom 10, Bathroom 8, Bedroom 6, Bathroom 7, Bathroom 2, Bathroom 1, Bathroom 11, Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 14, Bedroom 8, Bathroom 5, Bathroom 3, Bathroom 13, Bathroom 4, Bathroom 10, Bathroom 12, Bathroom 6
- Parking
- 10
- Parking features
- Open, Garage
- Interior features
- BuiltInFeatures, Chandelier, DecorativeDesignerLightingFixtures, DoubleVanity, HighSpeedInternet, InLawFloorplan, KitchenIsland, OpenFloorplan, CableTv, VaultedCeilings, WalkInClosets
- Exterior features
- Balcony, Lighting, PrivateEntrance
- Appliances
- SomeGasAppliances, Dishwasher, Disposal, GasRange, GasWaterHeater, PlumbedForGas
- Standard status
- Active
- APN
- 00000335095000000
- Size
- 7,883 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- HOODS J T LOT 17 MAIL
- Tax Annual Amount
- 8127
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 3
- Number of units
- 5
- Flooring type
- Vinyl, Tile
- Building materials
- Frame, MetalSiding, WoodSiding
Listing agent Mabel Banda License #0637169 (832) 320-2017
Listing office Douglas Elliman Real Estate Houston, TX (469) 273-1431
Listing date Jun 20, 2026
MLS# 21221042
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
- Under construction 2026 built, three‑story condo community with 5 units at 2147 Mail Avenue
- Open floorplan with high ceilings and vaulted ceilings, plus high‑speed internet
- Kitchen includes an oversized island and gas range, dishwasher, disposal, and is plumbed for gas
- Primary suite features double vanity, walk‑in closet, and oversized walk‑in shower
- Private balcony off the kitchen/dining area, plus private entrance
- 2‑car options with garage parking and additional open parking; public water and public sewer
Overview
2147 Mail Avenue presents a brand-new, modern three-story five-unit condo community. Each unit is designed across three levels, beginning with a first-level flex room with a closet that can support a home office, lounge, or guest space. The second level centers on an expansive, open-concept living area with high ceilings and natural light. The kitchen includes custom cabinetry, an oversized island, and direct access to a private balcony.
On the third floor, the bedrooms are arranged for privacy and comfort, highlighted by a spacious primary suite. The primary suite features a double vanity, a walk-in closet, and an oversized walk-in shower. The property is located at 2147 Mail Avenue in Dallas, Texas 75235.
For buyers seeking a small multifamily ownership structure, this asset offers a cohesive new-construction condo configuration with multiple units under one community. 2147 Mail Avenue and 2151 Mail Avenue may be acquired together to form a 10-unit portfolio, which could be useful for investors looking to consolidate holdings within a single ownership strategy.
On the third floor, the bedrooms are arranged for privacy and comfort, highlighted by a spacious primary suite. The primary suite features a double vanity, a walk-in closet, and an oversized walk-in shower. The property is located at 2147 Mail Avenue in Dallas, Texas 75235.
For buyers seeking a small multifamily ownership structure, this asset offers a cohesive new-construction condo configuration with multiple units under one community. 2147 Mail Avenue and 2151 Mail Avenue may be acquired together to form a 10-unit portfolio, which could be useful for investors looking to consolidate holdings within a single ownership strategy.
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 | $244.1k | $30.96 |
| − Vacancy | −$26.1k | −$3.31 |
| EGI | $217.9k | $27.65 |
| − OpEx | −$98.1k | −$12.44 |
| NOI | $119.9k | $15.21 |
7,883 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.71M
$1.50M – $2.00M
NOI $119,869 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.46M
$8.28M – $11.04M
NOI $662,127 @ 7.0% cap · market cap 31.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.856143
- Latitude
- 32.830408
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - New construction five-unit condo community with versatile indoor layout elements designed for flexible everyday living.
Where is this apartment building located?
The property is located at 2147 Mail Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $2,125,000.
What are key features of this property?
This property features: Under construction 2026 built, three‑story condo community with 5 units at 2147 Mail Avenue; Open floorplan with high ceilings and vaulted ceilings, plus high‑speed internet; Kitchen includes an oversized island and gas range, dishwasher, disposal, and is plumbed for gas
