Dallas Townhome Complex For
4707 Virginia Avenue Dallas, TX 75204
4707 Virginia Avenue, Dallas, TX, 75204
$2,550,000
For Sale
$2,550,000
Five-unit townhome complex in a vibrant Dallas neighborhood.
Property Size8,980 SF
Price / SF$283.96
Days on Market119
Property Features for 4707 Virginia Avenue
General Information
- Standard status
- Active
- Size
- 8,980 SF
- Property subtype
- Multi-Family / Multiple Single Units
Building Details
- Year Built
- 2025
Listing Agency
Equitify Realty
(817) 793-3613
Listed by
Huma Azim · License #0575698
(817) 793-3613
Source
Compass
Added: Mar 25 Updated: Jul 10 at 1:33 pm Checked: Jul 20 at 4:00 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 Equitify Realty
Investment Insights
Based on property information with market context.
This property at 4709 Virginia St, Dallas, TX, 75204, is a 5-unit townhome complex. The property encompasses a total of 8,904 square feet. Each unit includes a 2-car garage, a private balcony, spacious interiors, and modern amenities. It is located in a vibrant neighborhood with access to dining, shopping, and entertainment near downtown Dallas.
Key Highlights
- 5‑unit townhome complex totaling 8,904 sqft in a desirable Dallas location.
- Each unit includes a 2‑car garage and private balcony.
- Modern amenities and spacious interiors.
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 | $278.0k | $30.96 |
| − Vacancy | −$29.7k | −$3.31 |
| EGI | $248.3k | $27.65 |
| − OpEx | −$111.7k | −$12.44 |
| NOI | $136.5k | $15.21 |
8,980 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.95M
$1.71M – $2.28M
NOI $136,550 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.78M
$9.43M – $12.57M
NOI $754,268 @ 7.0% cap · market cap 29.58%
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 - Five-unit townhome complex in a vibrant Dallas neighborhood.
Where is this apartment building located?
The property is located at 4707 Virginia Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 5‑unit townhome complex totaling 8,904 sqft in a desirable Dallas location.; Each unit includes a 2‑car garage and private balcony.; Modern amenities and spacious interiors.
