Four-Unit Condominium Building with Rooftop
5705 Live Oak Street, Dallas, TX 75206
MULTI_FAMILY - Dallas, TX
Property size:
5,947 SFLot size:
0.13 AcresPrice / SF:
$341/SF- Added:
- Jun 6, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 14 at 9:06 pm
Property Features for 5705 Live Oak Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 8
- Bathrooms
- 12
- Rooms
- Bathroom 9, Bathroom 11, Bathroom 2, Bathroom 3, Bathroom 10, Bathroom 4, Bedroom 2, Bedroom 1, Bathroom 7, Bedroom 6, Bathroom 12, Bathroom 6, Bedroom 3, Bathroom 5, Bathroom 1, Bedroom 8, Bathroom 8, Bedroom 5, Bedroom 7, Bedroom 4
- Parking
- 8
- Parking features
- Open, Garage, Driveway
- Interior features
- DecorativeDesignerLightingFixtures, HighSpeedInternet, KitchenIsland, Pantry, CableTv, WalkInClosets, WiredForSound
- Exterior features
- Lighting, PrivateYard, RainGutters
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- SomeGasAppliances, Dishwasher, Disposal, GasRange, Microwave, PlumbedForGas
- Standard status
- Active
- APN
- 00000182380000000
- Size
- 5,947 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Description
- MUNGER C H LINDELL ST DEDICATION SE PT 2-50X1
- Tax Annual Amount
- 11227
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 3
- Number of units
- 4
- Flooring type
- Tile, Vinyl
- Building materials
- Brick
Listing agent Jennifer Templeton License #0550951 (972) 772-7000
Listing office Keller Williams Rockwall Rockwall, TX (972) 772-7000
Listing date Jun 6, 2026
MLS# 21156401
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
- Under construction 4‑unit condominium building in East Dallas with four luxury residential units
- Each unit is about 1,483 SF with 2 bedrooms and 2.5 bathrooms and an open‑concept main living level
- Every unit includes a private 504 SF rooftop terrace and fenced private yard space at ground level
- Attached 2‑car garages for each unit, plus driveway and open parking
- Central air and natural gas heating; units are plumbed for gas appliances with a kitchen island and pantry
- Brick construction with tile and vinyl flooring; wired for sound and decorative designer lighting fixtures
Overview
New construction four-unit condominium building featuring two-bedroom, two-and-a-half-bath residences with open-concept main living areas and attached two-car garages. Each unit includes a private 504-square-foot rooftop terrace with skyline views, plus its own fenced private yard space at ground level. Unit size is approximately 1,483 square feet, and the property is configured to support multiple ownership strategies, including long-term rental hold, short-term rental, individual condominium sales, or a combination approach.
Located in East Dallas near Downtown, Lower Greenville, Lakewood, and the Swiss Avenue Historic District, the surrounding area is largely built out with established residential and commercial development. The building sits on an approximately 0.132-acre lot.
This offering is well suited for buyers seeking low-maintenance urban housing with dedicated outdoor space, including both rooftop terraces and private fenced yards. For investors or operators, the unit mix and condominium structure can accommodate different approaches depending on whether the goal is to hold as rentals, use a short-term strategy, or sell individual condominiums. For additional materials such as floorplans and visual media, buyers can access expanded marketing content by searching the property address online.
Located in East Dallas near Downtown, Lower Greenville, Lakewood, and the Swiss Avenue Historic District, the surrounding area is largely built out with established residential and commercial development. The building sits on an approximately 0.132-acre lot.
This offering is well suited for buyers seeking low-maintenance urban housing with dedicated outdoor space, including both rooftop terraces and private fenced yards. For investors or operators, the unit mix and condominium structure can accommodate different approaches depending on whether the goal is to hold as rentals, use a short-term strategy, or sell individual condominiums. For additional materials such as floorplans and visual media, buyers can access expanded marketing content by searching the property address online.
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 | $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 5.15%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,430 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$7.14M
$6.24M – $8.33M
NOI $499,514 @ 7.0% cap · market cap 24.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.763623
- Latitude
- 32.810695
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Newly built four-unit condos offer private rooftop terraces and fenced yards with attached two-car garages.
Where is this quadplex located?
The property is located at 5705 Live Oak Street Dallas, TX.
What is the asking price?
The asking price for this property is $2,030,000.
What are key features of this property?
This property features: Under construction 4‑unit condominium building in East Dallas with four luxury residential units; Each unit is about 1,483 SF with 2 bedrooms and 2.5 bathrooms and an open‑concept main living level; Every unit includes a private 504 SF rooftop terrace and fenced private yard space at ground level
