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5335 Bent Tree Forest Drive #273, Dallas, TX, 75248
Light-Filled Corner Unit in Dallas

5335 Bent Tree Forest Drive #273 Dallas, TX 75248

For Sale
$225,000

Charming 2-bedroom condo with updates and community amenities.

Property Size1,137 SF
Price / SF$197.89
Days on Market361

Property Features for 5335 Bent Tree Forest Drive #273

General Information

Standard status
Active
Size
1,137 SF
Property subtype
Condominium

Building Details

Year Built
1981
Listing Agency: Land Company of Texas
Listed By: Sally Reed · License #0638543
Source: Kw
Added: Jul 31, 2025 Changed: Jul 6 Last Checked: May 19 at 9:06PM

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 Land Company of Texas


Investment Insights

Based on property information with market context.

Located in Far North Dallas, this light-filled corner unit features 2 bedrooms and is situated in a quiet section of the complex. The spacious living area includes a stone fireplace and a sliding glass door that opens to a private balcony with treetop views. The unit has laminate flooring throughout, with marble in the primary bath. The split bedroom layout offers privacy, and the primary suite includes 2 large closets. The interior has been freshly painted and includes key updates such as new attic insulation installed in 2022, along with new windows and a new roof in 2024. A bonus 5x5 storage area is located off the utility room. The property includes 2 assigned parking spaces, one of which is covered. Community amenities include a pool, tennis court, and clubhouse. The property is conveniently located near the Dallas North Tollway, restaurants, and shopping. The property size is 1137 square feet.

Key Highlights

  • Prime location in Far North Dallas, near Dallas North Tollway, restaurants, and shopping.
  • New windows and roof (2024) and new attic insulation (2022).
  • Light‑filled 2‑bedroom corner unit with private balcony and treetop views.

Financial Insights For Apartment 5plus

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 $35.2k $30.96
− Vacancy −$3.8k −$3.31
EGI $31.4k $27.65
− OpEx −$14.1k −$12.44
NOI $17.3k $15.21
1,137 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$247.0K
$216.1K – $288.2K (±1% cap)
NOI $17,289 @ 7.0% cap · market cap 7.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,501 @ 7.0% cap · market cap 42.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Power Concepts Business Management Consultant

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Wine and Liquor Store Food Market

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

FAQs

What type of property is this?
Apartment building - Charming 2-bedroom condo with updates and community amenities.
Where is this apartment building located?
The property is located at 5335 Bent Tree Forest Drive #273 Dallas, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Prime location in Far North Dallas, near Dallas North Tollway, restaurants, and shopping.; New windows and roof (2024) and new attic insulation (2022).; Light‑filled 2‑bedroom corner unit with private balcony and treetop views.
More about this property
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