4040 Avondale Avenue #107, Dallas, TX 75219
Updated 2 bed, 2.5 bath condo with modern amenities.
- Added:
- Aug 24, 2025
- Days on Market:
- 296
- Last Refresh:
- May 19 at 9:35 pm
Property Features for 4040 Avondale Avenue #107
General Information
- Standard status
- Active
- Size
- 1,396 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1985
Listing agent Rachel Yamada License #0743831 (512) 201-0355
Listing office Dallas Midtown (512) 201-0355
Listing date Aug 24, 2025
Source Kw
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All listing content including descriptions, pricing, images are the copyrighted material of Dallas Midtown
HighLights
- Updated 2 bedroom, 2.5 bathroom condo in Oak Lawn/Turtle Creek area.
- Two assigned covered parking spots in underground garage.
- Access to clubhouse, pool, and fitness center.
- Open floor plan with vaulted ceilings, new wood floors, and custom lighting.
- Primary suite with garden tub, separate shower, and walk‑in closets.
- Secondary bedroom with private balcony, fireplace, and ensuite bathroom.
Overview
Local Financial Insights For Apartment 5plus
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 | $43.2k | $30.96 |
| − Vacancy | −$4.6k | −$3.31 |
| EGI | $38.6k | $27.65 |
| − OpEx | −$17.4k | −$12.44 |
| NOI | $21.2k | $15.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.8074
- Latitude
- 32.8172