Dallas Townhome Complex For
4709 Virginia Avenue Dallas, TX 75204
4709 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 Market120
Property Features for 4709 Virginia Avenue
General Information
- Standard status
- Active
- Size
- 8,980 SF
- Property subtype
- Multi-Family / Multiple Single Units
Building Details
- Year Built
- 2023
Listing agency
Equitify Realty
(817) 793-3613
Listed by
Huma Azim · License #0575698
(817) 793-3613
Source
Compass
Added: Mar 24 Updated: Jul 10 at 1:38PM Checked: Jul 21 at 6:04AM
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 4707 Virginia St, Dallas, TX, 75204, is a 5-unit townhome complex totaling 8,904 square feet. Each unit includes a 2-car garage, a private balcony, spacious interiors, and modern amenities. The property is located in a vibrant neighborhood near downtown Dallas, providing residents with convenient access to dining, shopping, and entertainment.
Key Highlights
- New construction (2023) 5‑unit townhome complex totaling 8,904 sqft.
- Each unit includes a 2‑car garage and private balcony.
- Located in a desirable, vibrant neighborhood close to downtown Dallas.
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 4709 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: New construction (2023) 5‑unit townhome complex totaling 8,904 sqft.; Each unit includes a 2‑car garage and private balcony.; Located in a desirable, vibrant neighborhood close to downtown Dallas.
