Five-Unit Townhome Income
4707 Virginia Avenue Dallas, TX 75204
4707 Virginia Avenue, Dallas, TX, 75204
$2,550,000
For Sale
$2,550,000
MULTI_FAMILY - Dallas, TX
Property Size8,980 SF
Lot Size0.35 Acres
Price / SF$283.96
Days on Market68
Property Features for 4707 Virginia Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 10
- Bathrooms
- 20
- Rooms
- Bathroom 17, Bedroom 2, Bedroom 9, Bedroom 6, Bathroom 11, Bathroom 13, Bedroom 7, Bedroom 8, Bathroom 8, Bedroom 10, Bedroom 1, Bathroom 15, Bedroom 4, Bathroom 9, Bedroom 3, Bedroom 5, Bathroom 4, Bathroom 7, Bathroom 6, Bathroom 5, Bathroom 16, Bathroom 19, Bathroom 3, Bathroom 14, Bathroom 1, Bathroom 18, Bathroom 20, Bathroom 2, Bathroom 12, Bathroom 10
- Parking
- 10
- Parking features
- Garage, Alley
- Standard status
- Active
- APN
- 00000122017000000
- Size
- 8,980 SF
- Lot size
- 0.35 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 3
- Number of units
- 5
- Flooring type
- Vinyl
- Building materials
- Stucco
Listing Agency
Equitify Realty
(972) 345-2062
Garland, TX
Listed by
Huma Azim · License #0575698
(214) 763-0411
Added: May 15 Updated: Jul 10 at 10:33 pm Checked: Jul 21 at 1:06 am
MLS# 21264869
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 five-unit townhome complex at 4707 Virginia Avenue presents an attractive, income-oriented setup with a total of 8,904 square feet across all units. Each townhome includes a 2-car garage, a private balcony, and spacious interiors with modern amenities designed for comfortable day-to-day living.
Located in Dallas, the property is positioned in a vibrant area with convenient access to dining, shopping, and entertainment, with quick reach to downtown Dallas. The site sits on approximately 0.3471 acres, providing a practical residential setting for a small multi-family community.
For investors and buyers seeking a manageable multifamily holding, this configuration offers consistent unit features that can support strong tenant appeal, including parking and private outdoor space. The townhome-style layout may also suit tenants looking for a bit more privacy than traditional apartment living. As a compact, purpose-built income property, it offers a straightforward option for those building a small portfolio or evaluating an owner-operated acquisition.
Located in Dallas, the property is positioned in a vibrant area with convenient access to dining, shopping, and entertainment, with quick reach to downtown Dallas. The site sits on approximately 0.3471 acres, providing a practical residential setting for a small multi-family community.
For investors and buyers seeking a manageable multifamily holding, this configuration offers consistent unit features that can support strong tenant appeal, including parking and private outdoor space. The townhome-style layout may also suit tenants looking for a bit more privacy than traditional apartment living. As a compact, purpose-built income property, it offers a straightforward option for those building a small portfolio or evaluating an owner-operated acquisition.
Key Highlights
- 5‑unit townhome complex at 4709 Virginia St, Dallas, TX 75204
- Total 8,904 sqft townhome complex currently under construction (Year Built: 2025)
- Each unit includes a 2‑car garage
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
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Well-appointed five-unit townhome complex offering private outdoor space and dedicated 2-car garages for each unit.
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 at 4709 Virginia St, Dallas, TX 75204; Total 8,904 sqft townhome complex currently under construction (Year Built: 2025); Each unit includes a 2‑car garage
