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Multifamily Property Near SMU
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3414 Asbury Street, Dallas, TX 75205

University Park address near Hillcrest Avenue and Mockingbird Lane.

Property SizeContact for details
Days on Market6

Property Features for 3414 Asbury Street

General Information

Standard status Active
Property subtype Multifamily, Special Purpose
Listing Agency: Commercial Investment Advisors (CIA) Texas
Listed By: Jessica Zahn Gibson · License #AZ BR509621000
Source: Crexi
Added: Sep 9 Changed: Sep 12 Last Checked: Sep 13 at 8:25AM

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 Commercial Investment Advisors (CIA) Texas

Investment Insights

Based on property information with market context.

This multifamily property is located at 3414 Asbury Street in Dallas, within University Park and near the Hillcrest Avenue and Mockingbird Lane area. The setting places the property adjacent to Highland Park and within the Highland Park ISD school district.

Snider Plaza, established in 1927, is nearby and includes boutiques, specialty retailers, cafés, and dining options. Southern Methodist University is also in the surrounding area. As of Fall 2025, SMU reported approximately 12,544 students, including 7,545 undergraduates and 4,999 graduate students. The university reported 1,739 staff and administrators in addition to 788 full-time faculty for Fall 2024.

Key Highlights

  • Multifamily property at 3414 Asbury Street, Dallas, TX 75205
  • Located in University Park near Hillcrest Avenue and Mockingbird Lane
  • Adjacent to Highland Park and within Highland Park ISD

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Florist

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

1,351
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - University Park address near Hillcrest Avenue and Mockingbird Lane.
Where is this multifamily property located?
The property is located at 3414 Asbury Street Dallas, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Multifamily property at 3414 Asbury Street, Dallas, TX 75205; Located in University Park near Hillcrest Avenue and Mockingbird Lane; Adjacent to Highland Park and within Highland Park ISD
More about this property
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