Leased Duplex with Detached
3709 Mount Royal Street Dallas, TX 75211
For Sale
$370,000
MULTI_FAMILY - Dallas, TX
Property Size1,424 SF
Lot Size0.16 Acres
Price / SF$259.83
Days on Market53
Property Features for 3709 Mount Royal Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
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
Electric, Central Air
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 Agency:
BK Real Estate
(972) 677-9172
Listed By:
Peter Mester · License #0765963
(806) 281-8511
Added: Jun 8
Changed: Jul 27
Last Checked: Jul 30 at 10:06AM
MLS# 21218384
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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Duplex with two leased 2 bed, 1 bath units totaling 1,424 sq ft (712 sq ft each).
- Current immediate rental income of $2,675/month; leases run through late 2026 and early 2027.
- Upgrades include refinished wood floors, stone/granite countertops, and updated bathrooms, plus paint.
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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 two leased 2 bed, 1 bath units totaling 1,424 sq ft (712 sq ft each).; Current immediate rental income of $2,675/month; leases run through late 2026 and early 2027.; Upgrades include refinished wood floors, stone/granite countertops, and updated bathrooms, plus paint.
