Townhome-Style Multifamily
629 North Tyler Street Dallas, TX 75208
629 North Tyler Street, Dallas, TX, 75208
$3,299,999
For Sale
$3,299,999
For sale: a single-building community of eight newly constructed 2-bedroom townhomes with attached garages.
Property Size10,283 SF
Price / SF$320.92
Days on Market126
Property Features for 629 North Tyler Street
General Information
- Standard status
- Active
- Size
- 10,283 SF
- Property subtype
- Multi-Family / Multiple Single Units
Building Details
- Year Built
- 2024
Listing agency
The Table Brokerage
(469) 797-5110
Listed by
DeCarla Cruz · License #0756103
(469) 797-5110
Source
Compass
Added: Mar 19 Updated: Jul 21 at 3:42PM Checked: Jul 21 at 3:42PM
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 The Table Brokerage
Investment Insights
Based on property information with market context.
629 N Tyler Street offers a single-building configuration with eight townhomes. The newly constructed residences feature multi-level layouts with 2 bedrooms, attached garages, open-concept living areas, and modern kitchens equipped with stainless steel appliances and a tankless hot water heater. Units also include energy-efficient windows and high ceilings, with primary suites offering walk-in closets and spa-like bathrooms.
The property is described as being less than a minute from the Bishop Arts District, with quick access to Trinity Groves and Kessler Park, and commuting options to Downtown, Uptown, and major highways. Public remarks also note the building is 100% occupied. Contact the leasing agent for additional information.
The property is described as being less than a minute from the Bishop Arts District, with quick access to Trinity Groves and Kessler Park, and commuting options to Downtown, Uptown, and major highways. Public remarks also note the building is 100% occupied. Contact the leasing agent for additional information.
Key Highlights
- 8 newly constructed 2‑bedroom townhomes in a single 3+ story building
- Each unit includes an attached garage and multi‑level floorplans
- Central air and natural gas heating; tankless hot water heater
Local Financial Insights For Apartment 5plus
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 | $318.4k | $30.96 |
| − Vacancy | −$34.1k | −$3.31 |
| EGI | $284.3k | $27.65 |
| − OpEx | −$127.9k | −$12.44 |
| NOI | $156.4k | $15.21 |
10,283 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.23M
$1.95M – $2.61M
NOI $156,363 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.34M
$10.80M – $14.40M
NOI $863,713 @ 7.0% cap · market cap 26.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - For sale: a single-building community of eight newly constructed 2-bedroom townhomes with attached garages.
Where is this apartment building located?
The property is located at 629 North Tyler Street Dallas, TX.
What is the asking price?
The asking price for this property is $3,299,999.
What are key features of this property?
This property features: 8 newly constructed 2‑bedroom townhomes in a single 3+ story building; Each unit includes an attached garage and multi‑level floorplans; Central air and natural gas heating; tankless hot water heater
