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New Construction Duplex with Private Suites
New
For Sale
$720,000

4004 & 4006 S Denley Drive, Dallas, TX 75216

MULTI_FAMILY - Dallas, TX

Property Size3,442 SF
Lot Size0.28 Acres
Price / SF$209.18
Days on Market3

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 2, Bedroom 5, Bathroom 7, Bathroom 8, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 4, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 6, Bedroom 1
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 Fenced, Gate
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 LTS 8 & 9
Legal Description BELLEVUE BLK 27/4324 LTS 8 & 9

Utilities

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

Amenities

fluted cabinetry
quartz slab backsplash
pot filler
linear LED fireplace
freestanding soaking tub
rain shower head
built-ins beneath the stairs
doggie den nook
stainless steel oven
microwave
dishwasher
powder bath

Building Details

Year built 2026
Floors in Building 2
Number of units 2
Flooring type Vinyl
Building materials BoardAndBattenSiding, Brick
Roof type Composition, Shingle
Listing Agency: Monument Realty
Listed By: Malia Leslie
Added: Aug 4 Last Checked: Aug 6 at 4:06AM
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.

Investment Insights

Based on property information with market context.

This new-construction duplex contains 3,442 square feet, divided into two 1,721-square-foot residences. Each side includes three private bedroom suites, with a full bathroom and walk-in closet attached to every bedroom, plus a downstairs powder room. Interior details include fluted cabinetry, quartz slab backsplashes, kitchen islands, pot fillers, built-ins, a linear LED fireplace, a freestanding soaking tub, and a rain shower head. Stainless steel ovens, microwaves, and dishwashers are included, along with a two-car garage for each residence. The property is under construction with a 2026 year built designation.

The duplex is approximately one mile from the Dallas VA Medical Center and DART Blue Line. Cedar Crest Golf Course and Illinois Station are both under two miles away. The property has no HOA and no rental restrictions, with public water and public sewer service.

Key Highlights

  • 1,721 sq ft per side; 3,442 sq ft total
  • Three private bedroom suites per unit, each with a full bath and walk‑in closet
  • Two‑car garage per side

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 $96.2k $27.96
− Vacancy −$9.8k −$2.84
EGI $86.5k $25.12
− OpEx −$25.9k −$7.54
NOI $60.5k $17.58
3,442 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$864.6K
$756.5K – $1.01M (±1% cap)
NOI $60,522 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$747.7K
$654.2K – $872.3K (±1% cap)
NOI $52,339 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$4.13M
$3.61M – $4.82M (±1% cap)
NOI $289,108 @ 7.0% cap · market cap 40.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

920
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Each residence pairs private bathrooms and walk-in closets with a dedicated garage.
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 $720,000.
What are key features of this property?
This property features: 1,721 sq ft per side; 3,442 sq ft total; Three private bedroom suites per unit, each with a full bath and walk‑in closet; Two‑car garage per side
More about this property
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