Renovated Four-Unit
530 Sunnyside Avenue, Cockrell Hill, TX 75211
For Sale
$699,900
Pending
Four separately metered residences each offer two bedrooms and one bathroom.
Property Size2,558 SF
Days on Market16
Property Features for 530 Sunnyside Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Year Renovated
Listing Agency:
Coldwell Banker Realty
Listed By:
Jorge Villalpando · License TX #0648530
(214) 828-4300
Source:
Lardnergroup
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 9 at 1:57PM
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 Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit quadplex contains four two-bedroom, one-bath residences with updated kitchens, bathrooms, flooring, fixtures, and finishes. Major work completed in 2023 included a new roof, electrical and plumbing systems, and HVAC systems. The building dates to 1952 and has a pier foundation.
Key Highlights
- Four residences, each with 2 bedrooms and 1 bathroom
- Renovated kitchens, bathrooms, flooring, fixtures, and finishes
- 2023 improvements included a new roof, electrical, plumbing, and HVAC systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,786
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,720
$895.7K
Cap Rate 7%
$639,800
$639.8K
Cap Rate 9%
$497,622
$497.6K
Market Conditions
NOI Build-Up for 2,558 SF
Gross rent
$71.2K $27.84/SF
− Vacancy
−$7.2K −$2.83/SF
EGI
$64.0K $25.01/SF
− OpEx
−$19.2K −$7.50/SF
NOI
$44.8K $17.51/SF
Area
ZIP 75211
Vacancy
10.16%
Lease Rate
$27.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,720
Cap Rate 7%
$639,800
Cap Rate 9%
$497,622
Alternative Uses
Best Use
Multifamily LT 5
$639.8K
$559.8K – $746.4K
NOI $44,786 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$555.7K
$486.2K – $648.3K
NOI $38,897 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$768.1K
$672.1K – $896.1K
NOI $53,765 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Explore this area
Business Placement
Demographics for 75211, TX
70,695
Population
24,103
Households
2.9
Avg Household Size
32
Median Age
14%
College-Educated
61%
High-School Grad
17.2 sq mi
ZIP Area
4,110
Density / Sq Mi
$56,377
Median Household Income
$33,845
Median Earnings
$1,251
Median Rent
$198,500
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Dallas County, TX
Properties on Market for Quadplexes in Dallas County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four separately metered residences each offer two bedrooms and one bathroom.
Where is this quadplex located?
The property is located at 530 Sunnyside Avenue Cockrell Hill, TX.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Four residences, each with 2 bedrooms and 1 bathroom; Renovated kitchens, bathrooms, flooring, fixtures, and finishes; 2023 improvements included a new roof, electrical, plumbing, and HVAC systems
