Two-Residence
3161/3163 Stag Road, Dallas, TX 75241
For Sale
New
$578,000
ResidentialIncome, Dallas, TX
Property Size2,900 SF
Lot Size0.16 Acres
Price / SF$199.31
Days on Market6
Property Features for 3161/3163 Stag Road
General Information
Property type
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Bedrooms
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Full bathrooms
Half bathrooms
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Parking
Parking features
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Subdivision
Elementary school
Middle school
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Utilities
Sewer type
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Building Details
Year built
Floors in Building
Number of units
Roof type
Buildings
Listing Agency:
Monument Realty
Listed By:
Leston Eustache · License TX #0651807
(214) 705-7827
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 14 at 12:06AM
MLS# 21430051
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.
Located at 3161/3163 Stag Road in Dallas, this duplex is under construction and contains two residences totaling 2,900 square feet. Each home has an open living and dining area, a kitchen with an island, bedrooms with walk-in closets, and a dedicated laundry area. Interior details include luxury vinyl plank flooring, recessed lighting, contemporary fixtures, and tiled showers. Driveway and garage parking are provided.
The property occupies 0.1596 acres. Public water and sewer serve the site. Year built is listed as 2026.
The property occupies 0.1596 acres. Public water and sewer serve the site. Year built is listed as 2026.
Key Highlights
- Two residences totaling 2,900 square feet
- Under construction; year built listed as 2026
- 0.1596‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,992
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,019,840
$1.0M
Cap Rate 7%
$728,457
$728.5K
Cap Rate 9%
$566,578
$566.6K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$81.1K $27.96/SF
− Vacancy
−$8.2K −$2.84/SF
EGI
$72.8K $25.12/SF
− OpEx
−$21.9K −$7.54/SF
NOI
$51.0K $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%
$1,019,840
Cap Rate 7%
$728,457
Cap Rate 9%
$566,578
Alternative Uses
Best Use
Multifamily LT 5
$728.5K
$637.4K – $849.9K
NOI $50,992 @ 7.0% cap · market cap 8.82%
Second Best
Apartment 5plus
$630.0K
$551.2K – $735.0K
NOI $44,097 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$3.48M
$3.04M – $4.06M
NOI $243,583 @ 7.0% cap
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
209
Businesses Nearby
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Business Placement
Demographics for 75241, TX
32,944
Population
11,151
Households
3
Avg Household Size
35
Median Age
11%
College-Educated
81%
High-School Grad
25.3 sq mi
ZIP Area
1,302
Density / Sq Mi
$51,171
Median Household Income
$31,426
Median Earnings
$1,208
Median Rent
$162,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Dallas, TX
Properties on Market for Duplexes in Dallas
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both homes include open living and dining areas, kitchen islands, and separate laundry spaces.
Where is this duplex located?
The property is located at 3161/3163 Stag Road Dallas, TX.
What is the asking price?
The asking price for this property is $578,000.
What are key features of this property?
This property features: Two residences totaling 2,900 square feet; Under construction; year built listed as 2026; 0.1596‑acre lot
