Two-Unit Duplex with
For Sale
Contact for pricing
Pending
6565 Ascot Lane, Dallas, TX 75214
Two residences offer defined living and dining areas, central air, and in-unit laundry connections.
Property Size2,010 SF
Lot Size0.19 Acres
Days on Market203
Property Features for 6565 Ascot Lane
General Information
Standard status
Pending
Size
2,010 SF
Total Parking Spaces
2
Lot size
0.19 Acres
Property subtype
Residential Lease / Duplex
Lease Term
12 Months
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
in-unit washer and dryer connections
expansive backyard
Living Room, 1, .00, .00, 0 x 0
Bedroom-Primary, 1, .00, .00, 0 x 0
Central Air
Central
No
Electric Range, Microwave, No
889.0
Living Room-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1
1
One
Living Room, Bedroom-Primary, Master Bedroom
Building Details
Year Built
1961
Tenancy
Multi
Listing Agency:
MRA, REALTORS
Listed By:
Robert Alvarez · License #0352949
(214) 642-3723
Source:
Compass
Added: Mar 31
Changed: Oct 15
Last Checked: Oct 19 at 9:06AM
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 MRA, REALTORS
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Investment Insights
Based on property information with market context.
This 2,010-square-foot duplex contains two residences, each arranged with 2 bedrooms and 1 bath. Both units include separate living and dining areas, functional kitchens, central air, ceiling fans, and washer and dryer connections. Interior finishes include tile and wood, with kitchens equipped with a dishwasher, disposal, electric range, microwave, and refrigerator. The property was built in 1961 and includes a shared two-car garage, rain gutters, and an expansive backyard on a 64 x 130 lot.
Located at 6565 Ascot Lane in Dallas, the property is near White Rock Lake, Hillside Village, and the Lakewood shopping districts. One residence is leased, while the other operates on a month-to-month basis, providing different occupancy arrangements within the same asset.
Located at 6565 Ascot Lane in Dallas, the property is near White Rock Lake, Hillside Village, and the Lakewood shopping districts. One residence is leased, while the other operates on a month-to-month basis, providing different occupancy arrangements within the same asset.
Key Highlights
- 2,010‑square‑foot duplex with two 2‑bedroom, 1‑bath residences
- 64 x 130 lot with an expansive backyard
- Shared two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,564
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,280
$611.3K
Cap Rate 7%
$436,629
$436.6K
Cap Rate 9%
$339,600
$339.6K
Market Conditions
NOI Build-Up for 2,010 SF
Gross rent
$62.2K $30.96/SF
− Vacancy
−$6.7K −$3.31/SF
EGI
$55.6K $27.65/SF
− OpEx
−$25.0K −$12.44/SF
NOI
$30.6K $15.21/SF
Area
Dallas, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,280
Cap Rate 7%
$436,629
Cap Rate 9%
$339,600
Alternative Uses
Best Use
Multifamily LT 5
$504.9K
$441.8K – $589.1K
NOI $35,343 @ 7.0% cap · market cap 1,643.86%
Second Best
Apartment 5plus
$436.6K
$382.1K – $509.4K
NOI $30,564 @ 7.0% cap · market cap 1,421.58%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,828 @ 7.0% cap · market cap 7,852.47%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
503
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer defined living and dining areas, central air, and in-unit laundry connections.
Where is this duplex located?
The property is located at 6565 Ascot Lane Dallas, TX.
What are key features of this property?
This property features: 2,010‑square‑foot duplex with two 2‑bedroom, 1‑bath residences; 64 x 130 lot with an expansive backyard; Shared two‑car garage
