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Duplex with Two Living Quarters
New
For Sale
$449,000

3129 New Haven Street, Irving, TX 75062

Separate kitchens and flexible room arrangements support multigenerational living or rental use.

Property Size2,304 SF
Price / SF$194.88
Days on Market3

Property Features for 3129 New Haven Street

General Information

Standard status Active
Size 2,304 SF
Property subtype Duplex

Building Details

Year Built 1953
Listing Agency: Only 1 Realty Group Dallas
Listed By: Rene Jensen · License #0720823
Source: Lonestarluxuryrealty
Added: Aug 2 Changed: Aug 3 Last Checked: Aug 3 at 6:26AM

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 Only 1 Realty Group Dallas

Investment Insights

Based on property information with market context.

Built in 1953, this 2,304-square-foot duplex property on an oversized corner lot offers a five-bedroom, 3.5-bath configuration arranged across two distinct living areas. The front portion includes two bedrooms, a kitchen, and a full bath. A separate two-story section adds three bedrooms, two and a half baths, another kitchen, two living rooms, and an exterior laundry room.

Outdoor improvements expand the property’s functionality. A detached game and family room provides additional gathering space, while the rear detached two-car garage offers storage and workspace. Covered parking is also available through a brand-new attached carport. Metal fencing and an electric gate enclose the property.

The property is located in Irving near MacArthur High School, which is within walking distance, and Thomas Jefferson Park, a short drive away. The layout supports extended-family use, guest accommodations, or rental potential as described in the property information.

Key Highlights

  • Two distinct living quarters with separate kitchens
  • 5 bedrooms and 3.5 baths across 2,304 square feet
  • Detached game and family room for additional gathering space

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 $64.4k $27.96
− Vacancy −$6.5k −$2.84
EGI $57.9k $25.12
− OpEx −$17.4k −$7.54
NOI $40.5k $17.58
2,304 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$578.7K
$506.4K – $675.2K (±1% cap)
NOI $40,512 @ 7.0% cap · market cap 9.02%
Second Best
Apartment 5plus
$500.5K
$437.9K – $583.9K (±1% cap)
NOI $35,035 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$590.9K
$517.0K – $689.4K (±1% cap)
NOI $41,361 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Daycare Center Electrical Service Law Firm Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby

Demographics for 75062, TX

50,466
Population
18,718
Households
2.7
Avg Household Size
33
Median Age
35%
College-Educated
77%
High-School Grad
10.6 sq mi
ZIP Area
4,761
Density / Sq Mi
$70,792
Median Household Income
$36,817
Median Earnings
$1,419
Median Rent
$254,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate kitchens and flexible room arrangements support multigenerational living or rental use.
Where is this duplex located?
The property is located at 3129 New Haven Street Irving, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two distinct living quarters with separate kitchens; 5 bedrooms and 3.5 baths across 2,304 square feet; Detached game and family room for additional gathering space
More about this property
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