Three-Residence Short-Term
New
For Sale
$1,350,000
2300 N Carroll Avenue, Dallas, TX 75204
Three furnished residences offer flexible layouts, shared courtyard amenities, and independent rental configurations.
Property Size3,971 SF
Price / SF$339.96
Days on Market6
Property Features for 2300 N Carroll Avenue
General Information
Standard status
Active
Size
3,971 SF
Total Parking Spaces
2
Property subtype
Residential Income
Site & Location
Neighborhood
Fitzhugh-Capitol
Additional Details
Furnished
Yes
Multifamily Units
3
Amenities
heated plunge pool
gas grill
fire pit
Built-In Features
Built-In Wine Cooler
Cable TV Available
Decorative Lighting
Double Vanity
Eat-In Kitchen
Flat Screen Wiring
High Speed Internet Available
In-Law Suite Floorplan
Open Floorplan
Pantry
Smart Home System
Sound System Wiring
Walk-In Closet(S)
Second Primary Bedroom
Attached Grill
Awning(S)
Balcony
Fire Pit
Lighting
Outdoor Grill
Building Details
Building Size
3,971 SF
Year Built
2013
Buildings
3
Stories
2
Units
3
Construction
contemporary
Listing Agency:
Dave Perry Miller Real Estate
(214) 369-6000
Listed By:
Valerie Dillon · License #0729381
(214) 755-3036
Source:
Freedomrealtyllc
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 26 at 3:56AM
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 Dave Perry Miller Real Estate
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Investment Insights
Based on property information with market context.
Built in 2013, this 3,971-square-foot contemporary property is arranged as three separately rentable residences. The main-level home opens through floor-to-ceiling glass doors to a courtyard with a heated plunge pool, gas grill, and fire pit. Its kitchen has Miele appliances, including a steam oven, and a Liebherr refrigerator. The upper-level Skyline Suite includes a kitchenette, balcony, and views of the downtown Dallas skyline. An attached 665-square-foot casita has a full bath, walk-in closet, utility room, and private patio. Each residence has a full-size washer and dryer, and the property is offered furnished.
The property is minutes from Knox Henderson, the Katy Trail, Uptown, Downtown, and The Central. The main-level air conditioning system is new and under warranty. Furnishings and the booking calendar are available, along with a monthly booking history and investor pro forma.
The property is minutes from Knox Henderson, the Katy Trail, Uptown, Downtown, and The Central. The main-level air conditioning system is new and under warranty. Furnishings and the booking calendar are available, along with a monthly booking history and investor pro forma.
Key Highlights
- Three independently rentable residences in a 3,971‑square‑foot property
- Attached 665‑square‑foot casita with full bath, walk‑in closet, utility room, and private patio
- Built in 2013
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,824
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,396,480
$1.4M
Cap Rate 7%
$997,486
$997.5K
Cap Rate 9%
$775,822
$775.8K
Market Conditions
NOI Build-Up for 3,971 SF
Gross rent
$111.0K $27.96/SF
− Vacancy
−$11.3K −$2.84/SF
EGI
$99.7K $25.12/SF
− OpEx
−$29.9K −$7.54/SF
NOI
$69.8K $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%
$1,396,480
Cap Rate 7%
$997,486
Cap Rate 9%
$775,822
Alternative Uses
Best Use
Multifamily LT 5
$997.5K
$872.8K – $1.16M
NOI $69,824 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$862.6K
$754.8K – $1.01M
NOI $60,383 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$4.76M
$4.17M – $5.56M
NOI $333,541 @ 7.0% cap · market cap 24.71%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,524
Businesses Nearby
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Business Placement
Demographics for 75204, TX
34,012
Population
23,304
Households
1.5
Avg Household Size
31
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
13,082
Density / Sq Mi
$93,007
Median Household Income
$71,995
Median Earnings
$1,822
Median Rent
$451,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Three furnished residences offer flexible layouts, shared courtyard amenities, and independent rental configurations.
Where is this short term rental property located?
The property is located at 2300 N Carroll Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three independently rentable residences in a 3,971‑square‑foot property; Attached 665‑square‑foot casita with full bath, walk‑in closet, utility room, and private patio; Built in 2013
