Luxury Duplex with Private
For Sale
$818,800
520 & 522 Woodbine Avenue, Dallas, TX 75203
New construction duplex with two nearly identical units, each offering a 2-car garage and private outdoor space.
Property Size3,870 SF
Price / SF$211.58
Days on Market87
Property Features for 520 & 522 Woodbine Avenue
General Information
Standard status
Active
Size
3,870 SF
Total Parking Spaces
4
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,004
Building Details
Building Size
3,870 SF
Year Built
2026
Stories
2
Tenancy
Multi
Listing Agency:
Keller Williams Frisco Stars
Listed By:
Vivian Anyanka
(972) 712-9898
Source:
Nilesrealtygroup
Added: Jul 24
Changed: Oct 10
Last Checked: Oct 16 at 2:57PM
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 Keller Williams Frisco Stars
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Investment Insights
Based on property information with market context.
New construction luxury duplex featuring two nearly identical residences. Each unit is designed with three bedrooms and private ensuite baths, including two upstairs bedrooms with large walk-in closets. One upstairs bedroom in each unit opens to a private balcony. The third bedroom is on the main level and includes its own ensuite bath. The residences are distinguished by interior cabinetry finishes, with one unit featuring matte black shaker cabinets and the other featuring espresso brown cabinetry.
The property is located at 520 & 522 Woodbine Avenue and is described as being near Morrell DART Station, with the seller stating a 6-minute walk and a 1-minute drive.
Each unit is described as having a private 2-car garage plus an extended driveway. The offering is presented as having no HOA, with each residence available for individual occupancy or combined leasing as part of the duplex.
The property is located at 520 & 522 Woodbine Avenue and is described as being near Morrell DART Station, with the seller stating a 6-minute walk and a 1-minute drive.
Each unit is described as having a private 2-car garage plus an extended driveway. The offering is presented as having no HOA, with each residence available for individual occupancy or combined leasing as part of the duplex.
Key Highlights
- New construction luxury duplex built in 2026 with two nearly identical units totaling approx. 3,870 sq ft.
- Each unit has 3 bedrooms, including two upstairs bedrooms with private ensuite baths and large walk‑in closets with built‑in shelving.
- Each unit includes a private 2‑car garage plus an extended driveway.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,048
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,360,960
$1.4M
Cap Rate 7%
$972,114
$972.1K
Cap Rate 9%
$756,089
$756.1K
Market Conditions
NOI Build-Up for 3,870 SF
Gross rent
$108.2K $27.96/SF
− Vacancy
−$11.0K −$2.84/SF
EGI
$97.2K $25.12/SF
− OpEx
−$29.2K −$7.54/SF
NOI
$68.0K $17.58/SF
Area
Dallas, TX
Vacancy
10.16%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,360,960
Cap Rate 7%
$972,114
Cap Rate 9%
$756,089
Alternative Uses
Best Use
Multifamily LT 5
$972.1K
$850.6K – $1.13M
NOI $68,048 @ 7.0% cap · market cap 8.31%
Second Best
Apartment 5plus
$840.7K
$735.6K – $980.8K
NOI $58,847 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$4.64M
$4.06M – $5.42M
NOI $325,058 @ 7.0% cap · market cap 39.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
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Business Placement
Demographics for 75203, TX
14,710
Population
6,862
Households
2.1
Avg Household Size
33
Median Age
17%
College-Educated
65%
High-School Grad
4.8 sq mi
ZIP Area
3,065
Density / Sq Mi
$46,358
Median Household Income
$32,690
Median Earnings
$1,110
Median Rent
$125,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - New construction duplex with two nearly identical units, each offering a 2-car garage and private outdoor space.
Where is this duplex located?
The property is located at 520 & 522 Woodbine Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $818,800.
What are key features of this property?
This property features: New construction luxury duplex built in 2026 with two nearly identical units totaling approx. 3,870 sq ft.; Each unit has 3 bedrooms, including two upstairs bedrooms with private ensuite baths and large walk‑in closets with built‑in shelving.; Each unit includes a private 2‑car garage plus an extended driveway.
