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    Gated Condo with Updated Features Title is generated by Realmo AI

    4741 Bradford Drive 4741B, Dallas, TX 75219

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    For Sale
    $210,000

    Private condo near downtown Dallas with updated kitchen and HVAC.

    Type:Condo/Townhome
    Property size:
    880 SF
    Lot size:
    5.23 Acres
    Price / SF:
    $238/SF
    Added:
    Mar 24, 2026
    Days on Market:
    59
    Last Refresh:
    Apr 5 at 10:21 pm

    Property Features for 4741 Bradford Drive 4741B

    General Information

    Standard status
    Active
    Size
    880 SF
    Lot size
    5.23 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1955

    We can help!

    Listing Contact
    Leslie Reeves
    Leslie Reeves

    Listing agent Leslie Reeves License #0466507

    Listing office Ebby Halliday, Realtors

    Listing date Mar 24, 2026

    Source Exitrealty

    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 Ebby Halliday, Realtors

    HighLights

    • Gated condo community in a private, well‑maintained setting with mature trees and landscaping.
    • Open concept living area, dining, and kitchen with granite countertops and stainless steel appliances, ideal for entertaining.
    • Convenient covered parking with easy access to the kitchen.
    • Recent updates include new HVAC (August 2024), kitchen appliances/plumbing (January 2024), and toilet (March 2024).
    • Includes full‑size washer, dryer, and kitchen refrigerator.
    • Approved for FHA, VA, and Conventional Loans.

    Overview

    This property is located within a private, gated condo community featuring tree-lined streets and landscaped courtyards. The condo has hardwood floors, designer paint colors, and ceiling fans throughout. The open-concept layout facilitates entertaining, integrating the living area, dining space, and kitchen, which includes granite countertops and stainless steel appliances. The primary and secondary bedrooms are located upstairs. Covered parking is easily accessible from the kitchen via the back door. Common areas and a community pool provide gathering spaces. The property offers access to downtown Dallas, the Medical District, and the Oak Lawn area, with its shopping, dining, and entertainment options. Updates include a replaced kitchen sink, underneath plumbing, disposal, and dishwasher in January 2024, a replaced toilet in March 2024, and a replaced HVAC in August 2024. A full-size washer, dryer, and kitchen refrigerator will convey with an acceptable offer. The condo is approved for FHA, VA, and conventional loans. Guest parking is available in front. The property size is 880 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.823036
    Latitude
    32.816264

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    FAQs

    What type of property is this?
    Residential income property - Private condo near downtown Dallas with updated kitchen and HVAC.
    Where is this residential income property located?
    The property is located at 4741 Bradford Drive 4741B Dallas, TX.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: Gated condo community in a private, well‑maintained setting with mature trees and landscaping.; Open concept living area, dining, and kitchen with granite countertops and stainless steel appliances, ideal for entertaining.; Convenient covered parking with easy access to the kitchen.
    (972) 562-3969
    We can help!
    Listing Contact
    Leslie Reeves
    Leslie Reeves
    Real Estate License ID: 0466507
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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