Duplex with Updated
For Sale
$219,000
2928 Aster Street, Dallas, TX 75211
ResidentialIncome, Dallas, TX
Property Size1,320 SF
Lot Size0.16 Acres
Price / SF$165.91
Days on Market16
Property Features for 2928 Aster Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
Parking features
Driveway
Interior features
EatInKitchen
Appliances
ElectricCooktop
Subdivision
Sunset Heights
Elementary school
Peabody
Middle school
Raul Quintanilla
High school
Sunset
Elementary school district
Dallas ISD
Middle school district
Dallas ISD
High school district
Dallas ISD
Directions
See google maps
Standard status
Active
APN
00000297376000000
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
SUNSET HEIGHTS BLK 1/3927 LT 24 PR-22-02544-1
Tax Annual Amount
5282
Legal Description
SUNSET HEIGHTS BLK 1/3927 LT 24 PR-22-02544-1
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1930
Floors in Building
1
Number of units
2
Flooring type
Laminate, Tile
Building materials
Brick
Roof type
Composition, Shingle
Listing Agency:
RE/MAX DFW Associates · RE/MAX International
(214) 523-3300
Listed By:
Brianna Castillo · License #0668250
(972) 462-8181
Added: Sep 30
Changed: Oct 7
Last Checked: Oct 15 at 1:06AM
MLS# 21400451
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.
Built in 1930, this brick duplex contains two separate residences totaling 1,320 SF. The occupied unit has 2 bedrooms, 1 bath, a living room, and a kitchen. The second unit offers 1 bedroom, 1 bath, a living room, and a kitchen; it is vacant and features fresh paint, new flooring, and a new bathroom countertop. Laminate and tile flooring, window-unit cooling, and driveway parking are among the property’s features.
The roof is about 2 years old, and the plumbing is about 5 years old. A water heater was installed in the vacant unit in November 2024. The property occupies a 0.161-acre lot in Dallas. An 8.3% cap rate is stated on projected market rents.
The roof is about 2 years old, and the plumbing is about 5 years old. A water heater was installed in the vacant unit in November 2024. The property occupies a 0.161-acre lot in Dallas. An 8.3% cap rate is stated on projected market rents.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 2 baths across 1,320 SF
- One residence is occupied; the other is vacant and has fresh paint, new flooring, and a new bathroom countertop
- 8.3% cap rate based on projected market rents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,072
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,440
$401.4K
Cap Rate 7%
$286,743
$286.7K
Cap Rate 9%
$223,022
$223.0K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$40.9K $30.96/SF
− Vacancy
−$4.4K −$3.31/SF
EGI
$36.5K $27.65/SF
− OpEx
−$16.4K −$12.44/SF
NOI
$20.1K $15.21/SF
Area
ZIP 75211
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,440
Cap Rate 7%
$286,743
Cap Rate 9%
$223,022
Alternative Uses
Best Use
Multifamily LT 5
$330.2K
$288.9K – $385.2K
NOI $23,111 @ 7.0% cap · market cap 10.55%
Second Best
Apartment 5plus
$286.7K
$250.9K – $334.5K
NOI $20,072 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$396.3K
$346.8K – $462.4K
NOI $27,744 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Explore this area
Business Placement
Demographics for 75211, TX
70,695
Population
24,103
Households
2.9
Avg Household Size
32
Median Age
14%
College-Educated
61%
High-School Grad
17.2 sq mi
ZIP Area
4,110
Density / Sq Mi
$56,377
Median Household Income
$33,845
Median Earnings
$1,251
Median Rent
$198,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - One side is occupied, while the vacant unit has refreshed finishes and a new bathroom countertop.
Where is this duplex located?
The property is located at 2928 Aster Street Dallas, TX.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 2 baths across 1,320 SF; One residence is occupied; the other is vacant and has fresh paint, new flooring, and a new bathroom countertop; 8.3% cap rate based on projected market rents
