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Three-Story Residential Income Property
For Sale
$460,000

5702 Hudson Street, Dallas, TX 75206

ResidentialIncome, Dallas, TX

Property Size1,235 SF
Lot Size0.22 Acres
Price / SF$372.47
Days on Market99

Property Features for 5702 Hudson Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3
Parking 2
Parking features Covered, Driveway, Open, Garage
Patio and Porch features Deck
Interior features DecorativeDesignerLightingFixtures, EatInKitchen, GraniteCounters, KitchenIsland, MultipleStaircases, OpenFloorplan, Pantry, PanelingWainscoting, SmartHome, CableTv, WalkInClosets, WiredForSound
Exterior features Balcony, Deck, RainGutters
Appliances Dryer, Dishwasher, ElectricCooktop, ElectricOven, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
Subdivision Versaille Condo
Lot features Interior Lot
Elementary school Geneva Heights
Middle school Long
High school Woodrow Wilson
Elementary school district Dallas ISD
Middle school district Dallas ISD
High school district Dallas ISD
Directions From 75, go east on North Henderson Ave, Slight left on Bryan Parkway, left on Greenville Ave then Right on Hudson. The entrance is located on Matilda and it is the 6th door on the left
Standard status Active
APN 00C79300000A00002
Size 1,235 SF
Lot size 0.22 Acres

Taxes and HOA fees

HOA Fee $250 Monthly

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Electric, Central Air
Water source Public

Amenities

rooftop deck
electric vehicle charging station
overhead garage storage

Building Details

Year built 2005
Floors in Building 3
Number of units 1
Flooring type Hardwood, Carpet, Tile
Building materials Stucco
Roof type Flat
Listing Agency: Realty 85, LLC
Listed By: Kam Kordi
Added: Jul 15 Changed: Oct 21 Last Checked: Oct 21 at 10:06AM
MLS# 21311258

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.

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Investment Insights

Based on property information with market context.

Unit 2 is a 1,235-square-foot, three-story condominium built in 2005 and currently leased through May 31, 2027. The residence has an open floor plan with hardwood flooring, natural light, an updated kitchen with quartz countertops and stainless-steel appliances, and two bedrooms on the third level. The primary suite includes a remodeled bathroom with a soaking tub, separate shower, and walk-in closet.

A rooftop deck provides views toward the Downtown Dallas skyline and East Dallas. The property includes a dedicated two-car garage, private two-car driveway, direct street access, overhead garage storage, and an in-garage electric vehicle charging station. Recent improvements include updated stucco, foundation work, a new water heater, and enhanced security features.

The condominium is near Lower Greenville, the Swiss Avenue Historic District, Knox-Henderson, Uptown, Downtown Dallas, and White Rock Lake. It may be acquired individually or as part of a potential portfolio acquisition with Unit 6.

Key Highlights

  • 1,235‑square‑foot condominium with three‑story layout
  • Currently leased through May 31, 2027
  • Rooftop deck with Downtown Dallas skyline and East Dallas views

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,779
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
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 (±1% cap)
NOI $103,733 @ 7.0% cap · market cap 22.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,496
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Renovated condominium leased through May 31, 2027, with a rooftop deck, dedicated garage, and updated interior finishes.
Where is this residential income property located?
The property is located at 5702 Hudson Street 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 condominium with three‑story layout; Currently leased through May 31, 2027; Rooftop deck with Downtown Dallas skyline and East Dallas views
More about this property
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