Two-Unit
For Sale
$849,000
3747 & 3749 High Vista Drive, Dallas, TX 75244
One residence is vacant, while the adjoining unit has a long-term tenant in place.
Property Size3,380 SF
Lot Size0.28 Acres
Price / SF$251.18
Days on Market8
Property Features for 3747 & 3749 High Vista Drive
General Information
Standard status
Active
Size
3,380 SF
Lot size
0.28 Acres
Property subtype
Duplex
Site & Location
Neighborhood
Northwest Dallas
Highway Access
Yes
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$14,585
Building Details
Building Size
3,380 SF
Year Built
1967
Listing Agency:
Lardner Group
Listed By:
Colin Lardner
(214) 282-3144
Source:
Lardnergroup
Added: Oct 21
Changed: Oct 26
Last Checked: Oct 26 at 11:42AM
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 Lardner Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This side-by-side duplex at 3747 and 3749 High Vista Drive in Dallas contains 3,380 square feet, with six bedrooms and four bathrooms across the two units. Built in 1967, the property sits on a 0.28-acre lot. One unit is vacant and the other is occupied by a long-term tenant.
Key Highlights
- Two side‑by‑side units with six bedrooms and four bathrooms total
- 3,380 square feet across the duplex
- 0.28‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,432
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,188,640
$1.2M
Cap Rate 7%
$849,029
$849.0K
Cap Rate 9%
$660,356
$660.4K
Market Conditions
NOI Build-Up for 3,380 SF
Gross rent
$94.5K $27.96/SF
− Vacancy
−$9.6K −$2.84/SF
EGI
$84.9K $25.12/SF
− OpEx
−$25.5K −$7.54/SF
NOI
$59.4K $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%
$1,188,640
Cap Rate 7%
$849,029
Cap Rate 9%
$660,356
Alternative Uses
Best Use
Multifamily LT 5
$849.0K
$742.9K – $990.5K
NOI $59,432 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$734.2K
$642.5K – $856.6K
NOI $51,396 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$4.06M
$3.55M – $4.73M
NOI $283,901 @ 7.0% cap · market cap 33.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
Explore this area
Business Placement
Demographics for 75244, TX
12,576
Population
6,346
Households
2
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
2,734
Density / Sq Mi
$112,800
Median Household Income
$69,219
Median Earnings
$1,918
Median Rent
$578,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is vacant, while the adjoining unit has a long-term tenant in place.
Where is this duplex located?
The property is located at 3747 & 3749 High Vista Drive Dallas, TX.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two side‑by‑side units with six bedrooms and four bathrooms total; 3,380 square feet across the duplex; 0.28‑acre lot
