Two-Unit Corner Lot
6260-6262 Lakeshore Drive Dallas, TX 75214
New
For Sale
$830,000
1931 duplex with two units on a 50 x 150 corner lot, offering 1,718 square feet and a brand new survey.
Property Size1,718 SF
Lot Size0.17 Acres
Price / SF$483.12
Days on Market5
Property Features for 6260-6262 Lakeshore Drive
General Information
- Standard status
- Active
- Size
- 1,718 SF
- Lot size
- 0.17 Acres
- Property subtype
- Improved Land
Listing Agency:
Allie Beth Allman & Assoc.
(214) 521-7355
Listed By:
Rene Jensen · License #0596809
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 26 at 3:01PM
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 Allie Beth Allman & Assoc.
Investment Insights
Based on property information with market context.
Built in 1931, this two-unit duplex features separate addresses for 6260 and 6262 and totals 1,718 square feet. The property sits on a 50 x 150 corner lot and includes a brand new survey to support next steps.
Located on Lakeshore Drive in the Lakewood Heights area of East Dallas, the duplex is described as being a few blocks from Tietze Park and Pool and within close proximity to White Rock Lake, Lakewood shopping and dining, and Greenville Avenue.
The layout provides flexibility for buyers seeking to lease both units or pursue renovation and reconfiguration plans, subject to buyer verification and applicable city requirements.
Located on Lakeshore Drive in the Lakewood Heights area of East Dallas, the duplex is described as being a few blocks from Tietze Park and Pool and within close proximity to White Rock Lake, Lakewood shopping and dining, and Greenville Avenue.
The layout provides flexibility for buyers seeking to lease both units or pursue renovation and reconfiguration plans, subject to buyer verification and applicable city requirements.
Key Highlights
- 1931 duplex with two units at 6260 and 6262 Lakeshore Drive
- 50 x 150 corner lot with a total of 1,718 square feet
- Brand new survey available
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 | $48.0k | $27.96 |
| − Vacancy | −$4.9k | −$2.84 |
| EGI | $43.2k | $25.12 |
| − OpEx | −$12.9k | −$7.54 |
| NOI | $30.2k | $17.58 |
1,718 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$431.5K
$377.6K – $503.5K
NOI $30,208 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$373.2K
$326.6K – $435.4K
NOI $26,124 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$2.06M
$1.80M – $2.41M
NOI $144,302 @ 7.0% cap · market cap 17.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - 1931 duplex with two units on a 50 x 150 corner lot, offering 1,718 square feet and a brand new survey.
Where is this duplex located?
The property is located at 6260-6262 Lakeshore Drive Dallas, TX.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: 1931 duplex with two units at 6260 and 6262 Lakeshore Drive; 50 x 150 corner lot with a total of 1,718 square feet; Brand new survey available
