New Construction
For Sale
$1,910,000
5705 Live Oak St, Dallas, TX 75206
Four condominium residences combine private outdoor areas, attached garages, and flexible ownership options in an urban Dallas setting.
Property Size5,947 SF
Price / SF$321.17
Days on Market94
Property Features for 5705 Live Oak St
General Information
Standard status
Active
Size
5,947 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Junius Heights
Units
Unit Mix
4 x 2BR/2.5BA
Multifamily Units
4
Parking per Unit
2
Amenities
rooftop terrace
fenced private yard
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Keller Williams Rockwall
Listed By:
Jennifer Templeton · License #0550951
(972) 772-7000
Source:
Tonyaharbin
Added: Aug 5
Changed: Oct 25
Last Checked: Nov 4 at 2:41PM
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 Keller Williams Rockwall
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Investment Insights
Based on property information with market context.
This new-construction condominium quadplex contains four residential units, each approximately 1, 483 square feet with two bedrooms, two and a half bathrooms, and an attached two-car garage. The residences feature open-concept main living levels, private 504 SF rooftop terraces with skyline views, and individually fenced ground-level yards. The property has a total reported size of 5947 square feet.
Located at 5705 Live Oak St in East Dallas, the building is near Downtown, Lower Greenville, Lakewood, and the Swiss Avenue Historic District. The configuration supports long-term rental, short-term rental, individual condominium sales, or a combination of those approaches. Each residence offers a low-maintenance urban housing format with dedicated parking and multiple private outdoor areas.
Located at 5705 Live Oak St in East Dallas, the building is near Downtown, Lower Greenville, Lakewood, and the Swiss Avenue Historic District. The configuration supports long-term rental, short-term rental, individual condominium sales, or a combination of those approaches. Each residence offers a low-maintenance urban housing format with dedicated parking and multiple private outdoor areas.
Key Highlights
- Four‑unit condominium building with new construction
- Each unit is approximately 1, 483 square feet
- Two bedrooms, two and a half bathrooms, and attached two‑car garages per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,569
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,091,380
$2.1M
Cap Rate 7%
$1,493,843
$1.5M
Cap Rate 9%
$1,161,878
$1.2M
Market Conditions
NOI Build-Up for 5,947 SF
Gross rent
$166.3K $27.96/SF
− Vacancy
−$16.9K −$2.84/SF
EGI
$149.4K $25.12/SF
− OpEx
−$44.8K −$7.54/SF
NOI
$104.6K $17.58/SF
Area
Dallas, TX
Vacancy
10.16%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,091,380
Cap Rate 7%
$1,493,843
Cap Rate 9%
$1,161,878
Alternative Uses
Best Use
Multifamily LT 5
$1.49M
$1.31M – $1.74M
NOI $104,569 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,430 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$7.14M
$6.24M – $8.33M
NOI $499,514 @ 7.0% cap · market cap 26.15%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,719
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four condominium residences combine private outdoor areas, attached garages, and flexible ownership options in an urban Dallas setting.
Where is this quadplex located?
The property is located at 5705 Live Oak St Dallas, TX.
What is the asking price?
The asking price for this property is $1,910,000.
What are key features of this property?
This property features: Four‑unit condominium building with new construction; Each unit is approximately 1, 483 square feet; Two bedrooms, two and a half bathrooms, and attached two‑car garages per unit
