Renovated Side-by-Side
3117 Mockingbird Lane, Highland Park, TX 75205
For Sale
New
$1,695,000
ResidentialIncome, Highland Park, TX
Property Size2,864 SF
Lot Size0.17 Acres
Price / SF$591.83
Days on Market1
Property Features for 3117 Mockingbird Lane
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Security features
Interior features
Exterior features
Fencing
Fireplace
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
private backyard
security gate
covered porch
balcony
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Vivo Realty
(214) 705-7705
Listed By:
Bernice Maez
(214) 924-3216
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 21435654
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.
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Investment Insights
Based on property information with market context.
This 1938 duplex contains 2,864 square feet across side-by-side residences on a 0.172-acre lot. Renovations include central HVAC, updated electrical wiring and panels, plumbing, tankless water heaters, and sprinklers. The kitchens feature granite countertops and stainless steel appliances, while bathroom finishes include frameless glass shower doors and cast-iron tub-and-shower combinations. Both upstairs primary bedrooms open to a balcony. Wood and tile flooring, a fenced private yard, and a covered porch add to the property’s existing features.
Parking and access include a three-car garage with storage, additional parking, a long front driveway, and alley access. The property is in Highland Park, with SMU, the Bush Library, Mockingbird Station, Katy Trail, and Highland Park Village identified as nearby destinations.
Parking and access include a three-car garage with storage, additional parking, a long front driveway, and alley access. The property is in Highland Park, with SMU, the Bush Library, Mockingbird Station, Katy Trail, and Highland Park Village identified as nearby destinations.
Key Highlights
- Side‑by‑side duplex with 2,864 square feet on a 0.172‑acre lot
- Built in 1938; renovations include central HVAC, electrical, plumbing, tankless water heaters and sprinklers
- Three‑car garage with storage, plus extra parking and alley access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,359
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,007,180
$1.0M
Cap Rate 7%
$719,414
$719.4K
Cap Rate 9%
$559,544
$559.5K
Market Conditions
NOI Build-Up for 2,864 SF
Gross rent
$80.1K $27.96/SF
− Vacancy
−$8.1K −$2.84/SF
EGI
$71.9K $25.12/SF
− OpEx
−$21.6K −$7.54/SF
NOI
$50.4K $17.58/SF
Area
Dallas County, 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%
$1,007,180
Cap Rate 7%
$719,414
Cap Rate 9%
$559,544
Alternative Uses
Best Use
Multifamily LT 5
$719.4K
$629.5K – $839.3K
NOI $50,359 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$622.1K
$544.4K – $725.8K
NOI $43,550 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$878.4K
$768.6K – $1.02M
NOI $61,489 @ 7.0% cap · market cap 3.63%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,146
Businesses Nearby
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Business Placement
Demographics for 75205, TX
26,299
Population
10,577
Households
2.5
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
5,977
Density / Sq Mi
$188,396
Median Household Income
$73,306
Median Earnings
$2,348
Median Rent
$1,518,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Dallas County, TX
Properties on Market for Duplexes in Dallas County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences combine updated building systems with private outdoor space and garage parking.
Where is this duplex located?
The property is located at 3117 Mockingbird Lane Highland Park, TX.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Side‑by‑side duplex with 2,864 square feet on a 0.172‑acre lot; Built in 1938; renovations include central HVAC, electrical, plumbing, tankless water heaters and sprinklers; Three‑car garage with storage, plus extra parking and alley access
