Residential Income Property with
For Sale
$460,000
5702 Hudson Street 2, Dallas, TX 75206
Attached parking, smart-home features, and an open kitchen create a functional residential layout.
Property Size1,235 SF
Price / SF$372.47
Days on Market59
Property Features for 5702 Hudson Street 2
General Information
Standard status
Active
Size
1,235 SF
Total Parking Spaces
2
Property subtype
Residential Income
Amenities
Ceiling Fan(s), Central Air, Electric
Central, Electric
Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Smart Home
Wood
Additional Parking, Covered, Deck, Direct Access, Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, Lighted, Private, Side By Side, Attached
Balcony, Rain Gutters
Building Details
Building Size
1,235 SF
Year Built
2005
Buildings
1
Listing Agency:
Precision Realty of Texas
Listed By:
Kam Kordi
(214) 734-4991
Source:
Evrealestate
Added: Jul 18
Changed: Sep 12
Last Checked: Sep 13 at 5:29AM
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 Precision Realty of Texas
Investment Insights
Based on property information with market context.
This residential income property was built in 2005 and offers 1,235 square feet of interior space. The layout includes an open floorplan, eat-in kitchen, granite countertops, kitchen island, pantry, and walk-in closet. Central air and electric service support the interior, while the property also includes a dishwasher, disposal, electric cooking appliances, microwave, refrigerator, washer, and dryer.
Exterior features include an attached garage with opener, private driveway, covered parking, deck, balcony, rain gutters, and direct access. An electric vehicle charging station is also provided. The entrance is located on Matilda, identified as the sixth door on the left, with the property address listed as 5702 Hudson Street 2 in Dallas, Texas.
Exterior features include an attached garage with opener, private driveway, covered parking, deck, balcony, rain gutters, and direct access. An electric vehicle charging station is also provided. The entrance is located on Matilda, identified as the sixth door on the left, with the property address listed as 5702 Hudson Street 2 in Dallas, Texas.
Key Highlights
- 1,235‑square‑foot residential income property built in 2005
- Attached garage with opener, private driveway, and covered parking
- Open floorplan with granite counters, kitchen island, pantry, and walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,779
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$375,580
$375.6K
Cap Rate 7%
$268,271
$268.3K
Cap Rate 9%
$208,656
$208.7K
Market Conditions
NOI Build-Up for 1,235 SF
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.
Gross rent
$38.2K $30.96/SF
− Vacancy
−$4.1K −$3.31/SF
EGI
$34.1K $27.65/SF
− OpEx
−$15.4K −$12.44/SF
NOI
$18.8K $15.21/SF
Area
Dallas, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$375,580
Cap Rate 7%
$268,271
Cap Rate 9%
$208,656
Alternative Uses
Best Use
Apartment 5plus
$268.3K
$234.7K – $313.0K
NOI $18,779 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,733 @ 7.0% cap · market cap 22.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,496
Businesses Nearby
Explore this area
Business Placement
Demographics for 75206, TX
40,386
Population
25,844
Households
1.6
Avg Household Size
32
Median Age
77%
College-Educated
97%
High-School Grad
4.2 sq mi
ZIP Area
9,616
Density / Sq Mi
$88,464
Median Household Income
$69,953
Median Earnings
$1,715
Median Rent
$557,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Attached parking, smart-home features, and an open kitchen create a functional residential layout.
Where is this residential income property located?
The property is located at 5702 Hudson Street 2 Dallas, TX.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 1,235‑square‑foot residential income property built in 2005; Attached garage with opener, private driveway, and covered parking; Open floorplan with granite counters, kitchen island, pantry, and walk‑in closet
