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520 & 522 Woodbine Avenue, Dallas, TX, 75203
Luxury Duplex with Private Garages

520 & 522 Woodbine Avenue Dallas, TX 75203

New
For Sale
$839,800

New construction duplex with two nearly identical units, each offering a 2-car garage and private outdoor space.

Property Size3,870 SF
Price / SF$217
Days on Market4

Property Features for 520 & 522 Woodbine Avenue

General Information

Standard status
Active
Size
3,870 SF
Property subtype
Duplex

Building Details

Year Built
2026
Listing Agency: Keller Williams Frisco Stars
Listed By: Vivian Anyanka
Source: Nilesrealtygroup
Added: Jul 24 Changed: Jul 25 Last Checked: Jul 26 at 1:58PM

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


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.

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 For Multifamily LT 5

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 $108.2k $27.96
− Vacancy −$11.0k −$2.84
EGI $97.2k $25.12
− OpEx −$29.2k −$7.54
NOI $68.0k $17.58
3,870 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$972.1K
$850.6K – $1.13M (±1% cap)
NOI $68,048 @ 7.0% cap · market cap 8.10%
Second Best
Apartment 5plus
$840.7K
$735.6K – $980.8K (±1% cap)
NOI $58,847 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$4.64M
$4.06M – $5.42M (±1% cap)
NOI $325,058 @ 7.0% cap · market cap 38.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office Law Firm Spa & Massage Center Skin Care Clinic Pharmacy Cafe & Coffee Shop Electrical Service Garden Center Building Supply

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

FAQs

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 $839,800.
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.
More about this property
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