New Construction Duplex with Private
For Sale
$3,700,000
4037 Hawthorne Avenue, Dallas, TX 75219
Two attached residences feature luxury finishes, generous living areas, and individual outdoor spaces.
Property Size7,182 SF
Price / SF$515.18
Days on Market232
Property Features for 4037 Hawthorne Avenue
General Information
Standard status
Active
Size
7,182 SF
Property subtype
Multi-family
Additional Details
Multifamily Units
2
Building Details
Year Built
2026
Listed By:
Adam Zoblotsky
(214) 908-6990
Source:
Briggsfreeman
Added: Feb 25
Changed: Oct 13
Last Checked: Oct 12 at 8:42PM
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 Adam Zoblotsky
Investment Insights
Based on property information with market context.
This 7,182 SF duplex consists of two attached residences completed in 2026. Each side offers 4 bedrooms, 4 baths, spacious living areas, an oversized primary closet, luxury finish out, and a private backyard. Together, the residences provide a full-duplex configuration with separate outdoor areas and lock-and-leave convenience.
The property is located at 4037 Hawthorne Avenue, with the companion residence addressed as 4035 Hawthorne. Positioned one street south of Highland Park in the SoHip area, the property is near Oak Lawn, Turtle Creek, Uptown, the Dallas North Tollway, dining, shopping, and major employment centers. The attached residential format and individual layouts create a clear two-residence configuration within an urban-adjacent Dallas setting.
The property is located at 4037 Hawthorne Avenue, with the companion residence addressed as 4035 Hawthorne. Positioned one street south of Highland Park in the SoHip area, the property is near Oak Lawn, Turtle Creek, Uptown, the Dallas North Tollway, dining, shopping, and major employment centers. The attached residential format and individual layouts create a clear two-residence configuration within an urban-adjacent Dallas setting.
Key Highlights
- Two attached residences configured as one full duplex
- Each residence includes 4 bedrooms and 4 baths
- 7,182 SF property completed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,285
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,525,700
$2.5M
Cap Rate 7%
$1,804,071
$1.8M
Cap Rate 9%
$1,403,167
$1.4M
Market Conditions
NOI Build-Up for 7,182 SF
Gross rent
$200.8K $27.96/SF
− Vacancy
−$20.4K −$2.84/SF
EGI
$180.4K $25.12/SF
− OpEx
−$54.1K −$7.54/SF
NOI
$126.3K $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%
$2,525,700
Cap Rate 7%
$1,804,071
Cap Rate 9%
$1,403,167
Alternative Uses
Best Use
Multifamily LT 5
$1.80M
$1.58M – $2.10M
NOI $126,285 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$1.56M
$1.37M – $1.82M
NOI $109,210 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$8.62M
$7.54M – $10.05M
NOI $603,247 @ 7.0% cap · market cap 16.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,489
Businesses Nearby
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Business Placement
Demographics for 75219, TX
27,885
Population
19,190
Households
1.5
Avg Household Size
36
Median Age
71%
College-Educated
94%
High-School Grad
2.3 sq mi
ZIP Area
12,124
Density / Sq Mi
$92,541
Median Household Income
$70,549
Median Earnings
$1,751
Median Rent
$377,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two attached residences feature luxury finishes, generous living areas, and individual outdoor spaces.
Where is this duplex located?
The property is located at 4037 Hawthorne Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Two attached residences configured as one full duplex; Each residence includes 4 bedrooms and 4 baths; 7,182 SF property completed in 2026
