Two-Story Tudor Duplex with
For Sale
$795,000
Pending
6200-6202 Goliad Avenue, Dallas, TX 75214
Two duplex units plus a detached rear ADU offer 2-bedroom living spaces and a 1-bedroom garage apartment configuration.
Property Size2,756 SF
Days on Market59
Property Features for 6200-6202 Goliad Avenue
General Information
Standard status
Pending
Size
2,756 SF
Property subtype
Multi-Family / Full Duplex
Amenities
Central Air
Natural Gas
Vinyl, Wood
Gas Range, Refrigerator
Window Coverings
2
Wet Bar
Decorative
No
Composition
Two
Chain Link
Storage
Pillar/Post/Pier
Assessor
3
Brick, Frame
Building Details
Year Built
1931
Buildings
2
Listing Agency:
Campagna Real Estate Corp.
Listed By:
Franceanna Campagna · License #0509493
(214) 427-8401
Source:
Compass
Added: Jul 7
Changed: Aug 8
Last Checked: Jul 24 at 2:18PM
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 Campagna Real Estate Corp.
Investment Insights
Based on property information with market context.
This 1930s two-story Tudor duplex property includes two separate duplex units and a detached rear ADU. Each duplex unit features 2 bedrooms and 1 bathroom, with central heat and air, hardwood floors, a decorative fireplace, a wet bar, fenced yard space, and kitchen appliances including a refrigerator, gas range, and stack washer-dryer. The detached rear structure is described as a garage apartment for storage only.
The rear ADU provides a 1-bedroom, 1-bath layout with a living area, kitchen, breakfast nook, hardwood floors, Corian countertops, and a tile backsplash. Kitchen amenities include a gas stove, refrigerator, and dishwasher, and the unit includes a window air unit and central heat, along with fenced yard space and shared driveway parking.
The property is identified as 6200-6202 Goliad Avenue and is described in the remarks as being in a convenient East Dallas location near Lakewood, Greenville Avenue, and White Rock Lake, with access to shopping, dining, and entertainment.
The rear ADU provides a 1-bedroom, 1-bath layout with a living area, kitchen, breakfast nook, hardwood floors, Corian countertops, and a tile backsplash. Kitchen amenities include a gas stove, refrigerator, and dishwasher, and the unit includes a window air unit and central heat, along with fenced yard space and shared driveway parking.
The property is identified as 6200-6202 Goliad Avenue and is described in the remarks as being in a convenient East Dallas location near Lakewood, Greenville Avenue, and White Rock Lake, with access to shopping, dining, and entertainment.
Key Highlights
- 3‑unit property: two duplex units plus a detached rear ADU (garage apartment) on a 50x150 lot
- Each duplex unit has 2 bedrooms and 1 bathroom with central air, natural gas heat, hardwood floors, and a decorative fireplace
- Duplex interiors include a wet bar and kitchen appliances such as a refrigerator and gas range, plus stack washer‑dryer
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
$48,460
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
6.10%
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%
$969,200
$969.2K
Cap Rate 7%
$692,286
$692.3K
Cap Rate 9%
$538,444
$538.4K
Market Conditions
NOI Build-Up for 2,756 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
$77.1K $27.96/SF
− Vacancy
−$7.8K −$2.84/SF
EGI
$69.2K $25.12/SF
− OpEx
−$20.8K −$7.54/SF
NOI
$48.5K $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 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%
$969,200
Cap Rate 7%
$692,286
Cap Rate 9%
$538,444
Alternative Uses
Best Use
Multifamily LT 5
$692.3K
$605.8K – $807.7K
NOI $48,460 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$598.7K
$523.9K – $698.5K
NOI $41,908 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$3.31M
$2.89M – $3.86M
NOI $231,488 @ 7.0% cap · market cap 29.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,055
Businesses Nearby
Explore this area
Business Placement
Demographics for 75214, TX
35,664
Population
17,474
Households
2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
4,885
Density / Sq Mi
$128,917
Median Household Income
$81,149
Median Earnings
$1,536
Median Rent
$707,400
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?
Duplex - Two duplex units plus a detached rear ADU offer 2-bedroom living spaces and a 1-bedroom garage apartment configuration.
Where is this duplex located?
The property is located at 6200-6202 Goliad Avenue Dallas, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 3‑unit property: two duplex units plus a detached rear ADU (garage apartment) on a 50x150 lot; Each duplex unit has 2 bedrooms and 1 bathroom with central air, natural gas heat, hardwood floors, and a decorative fireplace; Duplex interiors include a wet bar and kitchen appliances such as a refrigerator and gas range, plus stack washer‑dryer
