New 8-Unit Multifamily
4635 Sylvester Street Dallas, TX 75219
4635 Sylvester Street, Dallas, TX, 75219
$3,040,000
For Sale
$3,040,000
MULTI_FAMILY - Dallas, TX
Property Size11,200 SF
Lot Size0.29 Acres
Price / SF$271.43
Days on Market25
Property Features for 4635 Sylvester Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 16
- Bathrooms
- 24
- Rooms
- Bathroom 18, Bedroom 10, Bathroom 8, Bedroom 1, Bathroom 20, Bedroom 7, Bathroom 10, Bedroom 15, Bathroom 11, Bathroom 9, Bathroom 3, Bathroom 2, Bedroom 8, Bathroom 14, Bedroom 13, Bathroom 16, Bathroom 13, Bedroom 12, Bathroom 4, Bedroom 2, Bathroom 21, Bathroom 22, Bedroom 4, Bedroom 3, Bathroom 17, Bedroom 9, Bathroom 6, Bathroom 15, Bedroom 5, Bathroom 7, Bedroom 14, Bedroom 16, Bedroom 11, Bathroom 19, Bathroom 1, Bedroom 6, Bathroom 23, Bathroom 5, Bathroom 12, Bathroom 24
- Parking
- 16
- Parking features
- Open, Garage
- Interior features
- EatInKitchen, KitchenIsland, MultipleMasterSuites, OpenFloorplan
- Exterior features
- PrivateYard, RainGutters
- Appliances
- Dishwasher, Disposal
- Standard status
- Active
- APN
- 00000210730000000
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Description
- MAPLEWOOD NO 1 BLK 11/2294 LT 9
- Tax Annual Amount
- 7740
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 3
- Number of units
- 8
- Flooring type
- Carpet, Vinyl
- Building materials
- WoodSiding
- Roof type
- Composition
Listing Agency
West Residential Realty, LLC
(469) 759-5800
Irving, TX
Listed by
Mark Dewey
(469) 759-5821
Added: Jun 27 Updated: Jul 11 at 1:32 am Checked: Jul 21 at 2:06 am
MLS# 21312946
Listing URL
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 newly constructed eight-unit multifamily property is designed around eight private residences. Each unit offers two bedrooms and two-and-a-half bathrooms with an open-concept living and dining area. Interiors are laid out to include an eat-in kitchen with waterfall-edge countertops, stainless steel appliances, and luxury vinyl plank flooring. Both bedrooms feature private en suite bathrooms, and each residence includes attached two-car garages, supporting day-to-day convenience and privacy.
The property is located at 4635 Sylvester Street in Dallas, TX 75219. The offering positions near major employment and healthcare corridors, with proximity described between Uptown, Love Field, and the Medical District, along with access to key regional destinations.
For buyers seeking a modern, low-maintenance residential income asset, this structure combines durable construction choices with unit layouts built for functional everyday living. The configuration of two-bedroom, en-suite focused floor plans and attached garage parking may appeal to tenants looking for both comfort and practical space. As an all-residential, newly built community, it offers a straightforward portfolio fit for investors evaluating contemporary multifamily product in Dallas.
The property is located at 4635 Sylvester Street in Dallas, TX 75219. The offering positions near major employment and healthcare corridors, with proximity described between Uptown, Love Field, and the Medical District, along with access to key regional destinations.
For buyers seeking a modern, low-maintenance residential income asset, this structure combines durable construction choices with unit layouts built for functional everyday living. The configuration of two-bedroom, en-suite focused floor plans and attached garage parking may appeal to tenants looking for both comfort and practical space. As an all-residential, newly built community, it offers a straightforward portfolio fit for investors evaluating contemporary multifamily product in Dallas.
Key Highlights
- Newly constructed 8‑unit multifamily property (2026) with each unit featuring 2 bedrooms and 2.5 bathrooms
- Open‑concept layout with spacious living and dining areas, plus eat‑in kitchens
- Eat‑in kitchens include waterfall‑edge countertops and stainless steel appliances, with kitchen island(s)
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 | $346.8k | $30.96 |
| − Vacancy | −$37.1k | −$3.31 |
| EGI | $309.6k | $27.65 |
| − OpEx | −$139.3k | −$12.44 |
| NOI | $170.3k | $15.21 |
11,200 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.43M
$2.13M – $2.84M
NOI $170,307 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.44M
$11.76M – $15.68M
NOI $940,735 @ 7.0% cap · market cap 30.95%
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 - Newly constructed eight-residence community with attached two-car garages and modern, open-concept 2-bedroom layouts.
Where is this apartment building located?
The property is located at 4635 Sylvester Street Dallas, TX.
What is the asking price?
The asking price for this property is $3,040,000.
What are key features of this property?
This property features: Newly constructed 8‑unit multifamily property (2026) with each unit featuring 2 bedrooms and 2.5 bathrooms; Open‑concept layout with spacious living and dining areas, plus eat‑in kitchens; Eat‑in kitchens include waterfall‑edge countertops and stainless steel appliances, with kitchen island(s)
