New Construction
For Sale
$1,950,000
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$327.90
Days on Market202
Property Features for 5705 Live Oak St
General Information
Standard status
Active
Size
5,947 SF
Property subtype
Residential Income
Units
Unit Mix
4 x 2BR/2.5BA
Multifamily Units
4
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$11,227
Amenities
rooftop terrace
fenced private yard
Building Details
Buildings
1
Listing Agency:
Keller Williams Rockwall
(972) 772-7000
Listed By:
Jennifer Templeton · License #0550951
(972) 772-7000
Source:
Exprealty
Added: Jan 16
Changed: Aug 6
Last Checked: Aug 6 at 1:46AM
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
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 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 | $166.3k | $27.96 |
| − Vacancy | −$16.9k | −$2.84 |
| EGI | $149.4k | $25.12 |
| − OpEx | −$44.8k | −$7.54 |
| NOI | $104.6k | $17.58 |
5,947 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.49M
$1.31M – $1.74M
NOI $104,569 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,430 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$7.14M
$6.24M – $8.33M
NOI $499,514 @ 7.0% cap · market cap 25.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,719
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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 $1,950,000.
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
