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    Updated Condo in Oak Lawn Title is generated by Realmo AI

    4040 Avondale Avenue #107, Dallas, TX 75219

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    For Sale
    $334,999

    Updated 2 bed, 2.5 bath condo with modern amenities.

    Type:Condominium
    Property size:
    1,396 SF
    Price / SF:
    $239/SF
    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

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    Listing Contact
    Rachel Yamada
    Rachel Yamada

    Listing agent Rachel Yamada License #0743831

    Listing office Dallas Midtown

    Listing date Aug 24, 2025

    Source Kw

    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 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

    This updated condo in Avondale Gardens offers Oak Lawn and Turtle Creek living. The 2-bedroom, 2.5-bathroom unit features an open floor plan filled with light, a curved staircase, vaulted ceilings, updated bathroom fixtures, custom accent lighting, and new wood floors. The dining area is located off the kitchen, and the spacious living room includes a built-in wet bar, a wood-burning fireplace, and a balcony. The primary suite features a separate garden tub and shower, walk-in closets, and glass block windows with custom curtains. The secondary bedroom has a private balcony, fireplace, ensuite bathroom, and walk-in closet. The property size is 1396 square feet. The unit includes two assigned covered parking spots in the underground garage and access to the clubhouse, pool, and fitness center.

    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
    1,396 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $303.3K
    $265.4K – $353.8K (±1% cap)
    NOI $21,228 @ 7.0% cap · market cap 6.34%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.68M
    $1.47M – $1.95M (±1% cap)
    NOI $117,256 @ 7.0% cap · market cap 35.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    LUCIDMYND Alternative Medicine Practice Dina Batalova Real Estate Agency Proximity Construction Company Hamilton Group Realty Real Estate Agency

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.8074
    Latitude
    32.8172

    FAQs

    What type of property is this?
    Apartment building - Updated 2 bed, 2.5 bath condo with modern amenities.
    Where is this apartment building located?
    The property is located at 4040 Avondale Avenue #107 Dallas, TX.
    What is the asking price?
    The asking price for this property is $334,999.
    What are key features of this property?
    This property features: 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.
    More about this property
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