Custom Duplex with Private
2315 S Vernon Avenue, Dallas, TX 75224
New
MULTI_FAMILY - Dallas, TX
Property size:
4,000 SFLot size:
0.16 AcresPrice / SF:
$250/SF- Added:
- Jun 7, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 11 at 5:06 pm
Property Features for 2315 S Vernon Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 8
- Rooms
- Bathroom 5, Bathroom 1, Bedroom 6, Bathroom 3, Bathroom 4, Bathroom 6, Bathroom 8, Bedroom 3, Bedroom 5, Bathroom 7, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2
- Parking
- 1
- Parking features
- Open, Garage
- Interior features
- DecorativeDesignerLightingFixtures, KitchenIsland, OpenFloorplan, WalkInClosets
- Exterior features
- Balcony, OutdoorGrill, OutdoorKitchen
- Fireplace
- 1
- Appliances
- Dishwasher, Disposal, GasRange, Microwave
- Standard status
- Active
- APN
- 00000468313000000
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- ELMDALE BLK C/5974 LT 18
- Tax Annual Amount
- 2672
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood
- Roof type
- Composition
Listing agent Emily Ruth Cannon (214) 814-8100
Listing office Compass RE Texas, LLC Dallas, TX (214) 814-8100
Listing date Jun 7, 2026
MLS# 21267420
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
- Custom duplex under construction (2025) with two mirrored residences
- Approx. 4,000 SF total featuring 6 bedrooms, 6 full bathrooms, and 2 half bathrooms
- Each side includes 3 ensuite bedrooms plus a first‑floor primary suite
- Open‑concept interiors with white oak flooring, kitchen islands, and decorative lighting fixtures
- Kitchens offer gas cooking with oversized islands, quartz countertops, and custom storage
- Outdoor features include covered patios, built‑in outdoor grill/kitchen, private fenced yards, and balcony(s)
Overview
This custom duplex features two beautifully matched residences built with a high level of finish and intention. Each side offers a functional layout with three spacious ensuite bedrooms, open-concept entertaining spaces, and a first-floor primary suite. Interiors are designed for comfort and warmth, with soaring ceilings, white oak flooring, custom cabinetry, and layered textures throughout. Kitchens include oversized islands, quartz countertops, gas cooking, and custom storage, while the adjoining living areas are centered around sleek fireplaces. Bedroom privacy is emphasized with each bedroom having its own dedicated bath and generous closet space.
The property is located near Wynnewood Village and Halperin Park, with just minutes to Downtown Dallas. Outdoor areas include covered patios, built-in grills, private fenced yards, and seamless indoor-outdoor flow for day-to-day usability.
Well-suited to owner-occupants, investors, or multigenerational households, the duplex’s symmetrical design supports long-term flexibility without sacrificing livability. Practical upgrades and amenities include foam insulation, tankless water heaters, attached garages, and dedicated office nooks, helping the property appeal to tenants and buyers seeking a premium, turnkey experience.
The property is located near Wynnewood Village and Halperin Park, with just minutes to Downtown Dallas. Outdoor areas include covered patios, built-in grills, private fenced yards, and seamless indoor-outdoor flow for day-to-day usability.
Well-suited to owner-occupants, investors, or multigenerational households, the duplex’s symmetrical design supports long-term flexibility without sacrificing livability. Practical upgrades and amenities include foam insulation, tankless water heaters, attached garages, and dedicated office nooks, helping the property appeal to tenants and buyers seeking a premium, turnkey experience.
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 | $111.8k | $27.96 |
| − Vacancy | −$11.4k | −$2.84 |
| EGI | $100.5k | $25.12 |
| − OpEx | −$30.1k | −$7.54 |
| NOI | $70.3k | $17.58 |
4,000 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.00M
$879.2K – $1.17M
NOI $70,334 @ 7.0% cap · market cap 7.03%
Second Best
Apartment 5plus
$868.9K
$760.3K – $1.01M
NOI $60,824 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$4.80M
$4.20M – $5.60M
NOI $335,977 @ 7.0% cap · market cap 33.60%
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
- -96.837165
- Latitude
- 32.723061
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two mirrored residences with ensuite bedrooms, open entertaining, and covered outdoor space—ideal for flexible ownership or rental income.
Where is this duplex located?
The property is located at 2315 S Vernon Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Custom duplex under construction (2025) with two mirrored residences; Approx. 4,000 SF total featuring 6 bedrooms, 6 full bathrooms, and 2 half bathrooms; Each side includes 3 ensuite bedrooms plus a first‑floor primary suite
