4709 Virginia Avenue Dallas, TX 75204
MULTI_FAMILY - Dallas, TX
Property Features for 4709 Virginia Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 2
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 4
- Parking
- 10
- Parking features
- Gated, Assigned, Open, Covered, Garage
- Security features
- Security
- Interior features
- BuiltInFeatures, CedarClosets, DecorativeDesignerLightingFixtures, EatInKitchen, KitchenIsland, MultipleMasterSuites, MultipleStaircases, OpenFloorplan, Pantry, CableTv, WalkInClosets
- Exterior features
- Balcony
- Fencing
- Fenced
- Appliances
- BuiltInGasRange, BuiltInRefrigerator, Dishwasher, GasCooktop, Disposal, GasOven, GasRange, GasWaterHeater, TanklessWaterHeater
- Standard status
- Active
- APN
- 00000122017000000
- Size
- 9,050 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Description
- SCRUGGS BLK 5/710 LTS 7 & 8 ACS 0.3471
- Tax Annual Amount
- 7735
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 3
- Number of units
- 5
- Flooring type
- Engineered
- Building materials
- Stucco
- Roof type
- Shingle
Listing agent Amarah Ayaz License #0750710 (817) 329-8850
Listing office Keller Williams Realty Southlake, TX (817) 329-8850
Listing date Jul 15, 2026
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.
The property is located at 4709 Virginia Avenue in Dallas, TX 75204. The remarks note it is about 9 minutes from SMU and provides access to Downtown Dallas, Uptown, major hospitals, premier shopping, and dining.
Offered as a turnkey investment, the townhome community is positioned for low-maintenance ownership, and the listing indicates low operating expenses to help support net income.
Key Highlights
- Five‑unit townhome community built in 2025 (property condition listed as under construction)
- Gated community with assigned parking and covered garage parking
- Airbnb and short‑term rentals allowed
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 | $280.2k | $30.96 |
| − Vacancy | −$30.0k | −$3.31 |
| EGI | $250.2k | $27.65 |
| − OpEx | −$112.6k | −$12.44 |
| NOI | $137.6k | $15.21 |
