Renovated Multifamily Property in
4400 San Jacinto Street Dallas, TX 75204
4400 San Jacinto Street, Dallas, TX, 75204
$1,840,000
Pending
For Sale
$1,840,000
Pending
Stabilized asset with designer touches near Downtown Dallas.
Property Size7,300 SF
Lot Size0.25 Acres
Days on Market122
Property Features for 4400 San Jacinto Street
General Information
- Standard status
- Pending
- Size
- 7,300 SF
- Lot size
- 0.25 Acres
- Property subtype
- Multi-Family / Apartment/5Plex+
Building Details
- Year Built
- 1958
Listing Agency
Perry Guest Company
(903) 399-0212
Listed by
Harris Arnhart · License #0636257
(903) 399-0212
Source
Compass
Added: Mar 19 Checked: Jul 17 at 3:34 am
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 Perry Guest Company
Investment Insights
Based on property information with market context.
Located in Old East Dallas, The Pomelo apartments is a stabilized asset that has been re-imagined from the foundation up. The property has been gutted down to the studs and replaced with all brand-new systems and designer touches. Units feature light faux wood flooring and in-unit stackable washer and dryer. Kitchens shine with custom cabinetry, under-mount sink with goose neck spray facet, a suite of stainless-steel appliances, backsplash, and quartz countertops. Bathrooms feature designer tile, new vanities and mirrors, new tubs and fixtures. The property sits on over a quarter acre on the corner of San Jacinto and Burlew and has been landscaped to enhance curb appeal. The property has been gated and has controlled pedestrian gate access. The building, with a size of 7300 square feet, is in close proximity to Downtown Dallas, Uptown, Knox Henderson, and Lower Greenville.
Key Highlights
- Completely renovated with brand‑new systems and designer touches from the foundation up.
- In‑unit stackable washer and dryer.
- Modern kitchens with custom cabinetry, stainless steel appliances, quartz countertops, and backsplash.
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 | $226.0k | $30.96 |
| − Vacancy | −$24.2k | −$3.31 |
| EGI | $201.8k | $27.65 |
| − OpEx | −$90.8k | −$12.44 |
| NOI | $111.0k | $15.21 |
7,300 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.59M
$1.39M – $1.85M
NOI $111,004 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.76M
$7.66M – $10.22M
NOI $613,158 @ 7.0% cap · market cap 33.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Stabilized asset with designer touches near Downtown Dallas.
Where is this apartment building located?
The property is located at 4400 San Jacinto Street Dallas, TX.
What is the asking price?
The asking price for this property is $1,840,000.
What are key features of this property?
This property features: Completely renovated with brand‑new systems and designer touches from the foundation up.; In‑unit stackable washer and dryer.; Modern kitchens with custom cabinetry, stainless steel appliances, quartz countertops, and backsplash.
