Leased Duplex with Detached
3709 Mount Royal Street, Dallas, TX 75211
MULTI_FAMILY - Dallas, TX
Property size:
1,424 SFLot size:
0.16 AcresPrice / SF:
$259/SF- Added:
- Jun 8, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 15 at 12:06 am
Property Features for 3709 Mount Royal Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1
- Parking
- 6
- Parking features
- Driveway, Garage, Open
- Interior features
- GraniteCounters, HighSpeedInternet
- Appliances
- GasCooktop, GasWaterHeater, Microwave, Refrigerator
- Standard status
- Active
- APN
- 00000344107000000
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- WESTRIDGE PARK BLK D/4863 LOT 9
- Tax Annual Amount
- 7773
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1942
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Wood, Tile
- Building materials
- WoodSiding
- Roof type
- Composition
Listing agent Peter Mester License #0765963 (806) 281-8511
Listing office BK Real Estate North Richland Hills, TX (972) 677-9172
Listing date Jun 8, 2026
MLS# 21218384
Listing URL
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.
HighLights
- Duplex with 2 leased units; both units are under lease terms through late 2026 and early 2027, generating $2,675/month in rental income
- Each unit offers 2 bed / 1 bath with 712 SF; total home size is 4 bed / 2 bath with 1,424 SF
- Major upgrades in 2018: updated windows, composition roof, exterior paint, water heaters, and HVAC units
- Interior updates include granite countertops, updated bathrooms, paint, and refinished wood floors
- Utilities: public water and public sewer, with natural gas central heating and central air conditioning
- Parking includes detached garages: two‑car detached structure (plus potential for ADU conversion) and an additional one‑car garage with storage
Overview
This duplex contains two separate residential units, each configured as a 2-bedroom, 1-bath layout. Both units are currently leased with solid terms through late 2026 and early 2027, producing $2,675 in monthly rental income. Interior updates include fresh paint, refinished wood floors, and stone countertops, along with updated bathrooms. Additional 2018 improvements include updated windows, a composition roof, exterior paint, water heaters, and upgraded HVAC units.
The property is located at 3709 Mount Royal Street in the Cockrell Hill area of Dallas, TX 75211. The site includes two detached garages, including a spacious two-car structure that could support flexible use depending on future approvals and tenant needs, as well as another one-car garage with storage space. The driveway also provides additional off-street parking.
For buyers or operators seeking a duplex with in-place income and recent systems and finish upgrades, this layout offers two independent leased units and practical accessory building space on-site. Current lease status through the 2026–2027 timeframe can support continuity for an investor, while the garage and storage configuration may appeal to tenants who value on-site parking and extra space.
The property is located at 3709 Mount Royal Street in the Cockrell Hill area of Dallas, TX 75211. The site includes two detached garages, including a spacious two-car structure that could support flexible use depending on future approvals and tenant needs, as well as another one-car garage with storage space. The driveway also provides additional off-street parking.
For buyers or operators seeking a duplex with in-place income and recent systems and finish upgrades, this layout offers two independent leased units and practical accessory building space on-site. Current lease status through the 2026–2027 timeframe can support continuity for an investor, while the garage and storage configuration may appeal to tenants who value on-site parking and extra space.
Local 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 | $39.6k | $27.84 |
| − Vacancy | −$4.0k | −$2.83 |
| EGI | $35.6k | $25.01 |
| − OpEx | −$10.7k | −$7.50 |
| NOI | $24.9k | $17.51 |
1,424 SF · lease $27.84/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$356.2K
$311.6K – $415.5K
NOI $24,931 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$309.3K
$270.7K – $360.9K
NOI $21,653 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$427.6K
$374.1K – $498.8K
NOI $29,930 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.879929
- Latitude
- 32.745627
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two leased 2 bed/1 bath units with major 2018 upgrades and detached garage space for flexible use.
Where is this duplex located?
The property is located at 3709 Mount Royal Street Dallas, TX.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Duplex with 2 leased units; both units are under lease terms through late 2026 and early 2027, generating $2,675/month in rental income; Each unit offers 2 bed / 1 bath with 712 SF; total home size is 4 bed / 2 bath with 1,424 SF; Major upgrades in 2018: updated windows, composition roof, exterior paint, water heaters, and HVAC units
