Renovated Multifamily Community in
5009 Bryan St, Dallas, TX 75206
36-unit multifamily property in East Dallas, fully renovated in 2018.
Type:Multifamily
Property size:
19,368 SFPrice / SF:
$276/SF- Added:
- Mar 11, 2026
- Days on Market:
- 67
- Last Refresh:
- Mar 19 at 10:42 pm
Property Features for 5009 Bryan St
General Information
- Standard status
- Active
- Size
- 19,368 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1956
Listing agent Grant Guest License #TX 0212340
Listing office Perry Guest Investment Services
Listing date Mar 11, 2026
Source Crexi
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 Perry Guest Investment Services
HighLights
- Prime location steps from Lower Greenville and Knox/Henderson entertainment districts.
- Fully renovated in 2018, offering a modern living experience.
- Down‑to‑the‑studs renovation includes new roofs, electrical, and plumbing systems.
- Located in a high‑demand rental neighborhood in East Dallas.
- Contemporary interiors and refreshed exteriors.
- Upgraded amenities.
Overview
The Courtyards on Bryan is a 36-unit multifamily community located in East Dallas. Constructed in the 1950s, the property was extensively renovated in 2018, with updates including new roofs, electrical and plumbing systems, contemporary interiors, refreshed exteriors, and upgraded amenities. The renovation extended down to the studs. The property offers a modern living experience. It is located near the Lower Greenville entertainment district and Knox/Henderson, in a high-demand rental neighborhood. The property size is 19368 square feet.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$3.27M
NOI $294,510 @ 9.00% cap · cautious / downside scenario
Moderate
$4.21M
NOI $294,510 @ 7.00% cap · market / base-case scenario
Aggressive
$5.89M
NOI $294,510 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $599.6k | $30.96 |
| − Vacancy | −$64.2k | −$3.31 |
| EGI | $535.5k | $27.65 |
| − OpEx | −$241.0k | −$12.44 |
| NOI | $294.5k | $15.21 |
19,368 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$4.21M
$3.68M – $4.91M
NOI $294,510 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$23.24M
$20.34M – $27.11M
NOI $1,626,800 @ 7.0% cap · market cap 30.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.772448
- Latitude
- 32.805264
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 36-unit multifamily property in East Dallas, fully renovated in 2018.
Where is this apartment building located?
The property is located at 5009 Bryan St Dallas, TX.
What is the asking price?
The asking price for this property is $5,360,000.
What are key features of this property?
This property features: Prime location steps from Lower Greenville and Knox/Henderson entertainment districts.; Fully renovated in 2018, offering a modern living experience.; Down‑to‑the‑studs renovation includes new roofs, electrical, and plumbing systems.
