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Duplex with Private Bedroom Suites
For Sale
$709,900

4004 & 4006 S Denley Drive, Dallas, TX 75216

ResidentialIncome, Dallas, TX

Property Size3,442 SF
Lot Size0.28 Acres
Price / SF$206.25
Days on Market92

Property Features for 4004 & 4006 S Denley Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 6
Bathrooms 8
Full bathrooms 6
Half bathrooms 2
Rooms Bedroom 4, Bathroom 6, Bathroom 7, Bathroom 4, Bathroom 8, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 5, Bathroom 1, Bedroom 6
Parking 4
Parking features Driveway, Garage, Open
Interior features BuiltInFeatures, Chandelier, DryBar, DecorativeDesignerLightingFixtures, DoubleVanity, HighSpeedInternet, KitchenIsland, OpenFloorplan, Pantry, VaultedCeilings, NaturalWoodwork, WalkInClosets, WiredForSound
Exterior features PrivateYard, RainGutters
Fencing Gate, Fenced
Fireplace 1
Appliances Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, VentedExhaustFan
Subdivision Bellevue
Lot features Acreage
Elementary school Bryan
Middle school Storey
High school Southoakcl
Elementary school district Dallas ISD
Middle school district Dallas ISD
High school district Dallas ISD
Directions See GPS
Standard status Active
APN 00000316873000000
Size 3,442 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description BELLEVUE BLK 27/4324 LOT 8
Legal Description BELLEVUE BLK 27/4324 LOT 8

Utilities

Sewer type Public Sewer
Heating system Fireplace(s), Electric (Heating), Central
Cooling system Central Air, Ceiling Fan(s), Electric
Water source Public

Amenities

walk-in closet
powder bath
walk-in pantry
linear LED fireplace
freestanding soaking tub
rain shower
backlit mirrors
ceiling fans
built-ins beneath the stairs
doggie den nook
stainless steel appliances
covered patio
privacy-fenced yard

Building Details

Year built 2026
Floors in Building 2
Number of units 2
Flooring type Vinyl
Building materials BoardAndBattenSiding, Brick
Roof type Composition, Shingle
Buildings 1
Listing Agency: Monument Realty
Listed By: Malia Leslie · License #0812842
Added: Aug 4 Changed: Nov 3 Last Checked: Nov 3 at 3:06PM
MLS# 21349751

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.

Under-construction duplex with 3,442 square feet total, arranged as two 1,721-square-foot residences on a 0.2795-acre lot. Each side has three bedrooms, with a full bathroom and walk-in closet for every bedroom, plus a downstairs powder room. Interior details include a kitchen island, pantry, quartz backsplash, pot filler, linear fireplace, and vinyl plank flooring. Stainless steel oven, microwave, and dishwasher are included. Each residence also has a covered patio, fenced yard, and two-car garage. The property is planned for 2026 construction and includes a 1-2-6 builder warranty.

Two DART Blue Line stations are within 0.6 mile. The Dallas VA Medical Center is under a mile away, and Cedar Crest Golf Course is about 1.6 miles from the property.

Key Highlights

  • Two‑unit duplex totaling 3,442 square feet; each residence measures 1,721 square feet
  • Three bedroom suites per residence, each with a full bath and walk‑in closet
  • Two‑car garage, covered patio, and fenced yard for each side

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,522
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,210,440 $1.2M
Cap Rate 7%
$864,600 $864.6K
Cap Rate 9%
$672,467 $672.5K
Market Conditions
NOI Build-Up for 3,442 SF
Gross rent
$96.2K $27.96/SF
− Vacancy
−$9.8K −$2.84/SF
EGI
$86.5K $25.12/SF
− OpEx
−$25.9K −$7.54/SF
NOI
$60.5K $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%
$1,210,440
Cap Rate 7%
$864,600
Cap Rate 9%
$672,467

Alternative Uses

Best Use
Multifamily LT 5
$864.6K
$756.5K – $1.01M (±1% cap)
NOI $60,522 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$747.7K
$654.2K – $872.3K (±1% cap)
NOI $52,339 @ 7.0% cap · market cap 7.37%
Theoretical Best
Office A
$4.13M
$3.61M – $4.82M (±1% cap)
NOI $289,108 @ 7.0% cap · market cap 40.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby

Demographics for 75216, TX

55,759
Population
20,612
Households
2.7
Avg Household Size
34
Median Age
9%
College-Educated
70%
High-School Grad
14.8 sq mi
ZIP Area
3,768
Density / Sq Mi
$37,613
Median Household Income
$31,020
Median Earnings
$1,169
Median Rent
$138,900
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

Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes a two-car garage, fenced yard, covered patio, and contemporary interior finishes.
Where is this duplex located?
The property is located at 4004 & 4006 S Denley Drive Dallas, TX.
What is the asking price?
The asking price for this property is $709,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 3,442 square feet; each residence measures 1,721 square feet; Three bedroom suites per residence, each with a full bath and walk‑in closet; Two‑car garage, covered patio, and fenced yard for each side
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