Leased Half-Duplex Income
5460 Anita Street, Dallas, TX 75206
New
MULTI_FAMILY - Dallas, TX
Property size:
2,928 SFLot size:
0.20 AcresPrice / SF:
$300/SF- Added:
- Jun 9, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 13 at 7:06 pm
Property Features for 5460 Anita Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 2
- Parking
- 3
- Parking features
- Garage
- Interior features
- DecorativeDesignerLightingFixtures, EatInKitchen
- Fencing
- Fenced
- Appliances
- Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator
- Standard status
- Active
- APN
- 00000238563200000
- Size
- 2,928 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Description
- INTERURBAN HILLS 2 BLK S/2905 LT A2
- Tax Annual Amount
- 14883
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1956
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood, Tile, Carpet
- Building materials
- Brick
- Roof type
- Composition
Listing agent Courtney Haylock License #0839475 (214) 814-8100
Listing office Compass RE Texas, LLC Dallas, TX (214) 814-8100
Listing date Jun 9, 2026
MLS# 21205085
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two leased half duplexes at 5458 & 5460 Anita in the M‑Street area
- 5460 Anita leased for $2,600/month through July 2026; 3 bedrooms, 2.1 baths with hardwood floors on living/dining/downstairs bedrooms
- 5458 Anita leased for $2,500/month through May 2026; 2 bedrooms, 2 baths with hardwood floors
- Updated kitchens: 5460 includes shaker cabinetry and designer tile; 5458 includes Carrara quartz countertops, modern backsplash, and stainless appliances
- Updated bathrooms: 5460 has quartz countertops, shaker cabinets, subway tile surround, and marble flooring upstairs; 5458 has Carrara quartz surfaces, updated fixtures and lighting
- Central heating and central air; brick construction; composition roof; garage parking; private fenced yard and in‑unit laundry (washer & dryer included on 5458)
Overview
This offering includes two income-producing half duplexes at 5458 and 5460 Anita Street. Both properties are currently leased and each unit is configured as a half duplex with hardwood floors throughout the living areas and downstairs bedrooms, along with updated kitchen and bathroom finishes. 5460 Anita is a 3-bedroom, 2.1-bath layout with a recently updated kitchen featuring shaker-style cabinetry and designer tile. Its bathrooms include quartz countertops, shaker cabinets, subway tile surround, and marble flooring upstairs, plus a convenient downstairs half bath for guests. 5458 Anita offers a 2-bedroom, 2-bath plan with abundant natural light and an updated kitchen with Carrara quartz countertops, modern backsplash, and stainless steel appliances including a dishwasher and range. Both bathrooms have been updated with Carrara quartz surfaces, updated fixtures, and lighting. The property also includes a private backyard with grass and a laundry closet with a washer and dryer included.
Located in the M-Street area of Dallas, the properties are within walking distance to Greenville Avenue and Mockingbird dining, retail, and entertainment.
For tenants and owner-operators, the current leased status provides immediate occupancy while the interior updates and functional layouts support long-term residential use. The existing in-unit laundry convenience and dedicated backyard space are practical, day-to-day amenities for residents, while the lease terms run through July 2026 for 5460 Anita and through May 2026 for 5458 Anita.
Located in the M-Street area of Dallas, the properties are within walking distance to Greenville Avenue and Mockingbird dining, retail, and entertainment.
For tenants and owner-operators, the current leased status provides immediate occupancy while the interior updates and functional layouts support long-term residential use. The existing in-unit laundry convenience and dedicated backyard space are practical, day-to-day amenities for residents, while the lease terms run through July 2026 for 5460 Anita and through May 2026 for 5458 Anita.
Local 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 | $81.9k | $27.96 |
| − Vacancy | −$8.3k | −$2.84 |
| EGI | $73.5k | $25.12 |
| − OpEx | −$22.1k | −$7.54 |
| NOI | $51.5k | $17.58 |
2,928 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$735.5K
$643.6K – $858.1K
NOI $51,484 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$636.0K
$556.5K – $742.1K
NOI $44,523 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$3.51M
$3.07M – $4.10M
NOI $245,935 @ 7.0% cap · market cap 27.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.774615
- Latitude
- 32.83437
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two leased half-duplexes with updated interiors and in-unit laundry, providing immediate rental income.
Where is this duplex located?
The property is located at 5460 Anita Street Dallas, TX.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Two leased half duplexes at 5458 & 5460 Anita in the M‑Street area; 5460 Anita leased for $2,600/month through July 2026; 3 bedrooms, 2.1 baths with hardwood floors on living/dining/downstairs bedrooms; 5458 Anita leased for $2,500/month through May 2026; 2 bedrooms, 2 baths with hardwood floors
