New Construction
New
For Sale
$1,450,000
6920 & 6922 Victoria Ave, Dallas, TX 75209
Two-story duplex with modern finishes, attached garages, gated entry, and energy-focused systems.
Property Size3,882 SF
Price / SF$373.52
Days on Market5
Property Features for 6920 & 6922 Victoria Ave
General Information
Standard status
Active
Size
3,882 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
10-foot ceilings
white oak flooring
Frigidaire Professional appliance package
8-foot doors
mud room
9-foot ceilings
large backyard
retractable covered roof system
attached garage
insulated garage door
spray foam attic insulation
tankless water heater
private security gate
Building Details
Year Built
2026
Buildings
1
Stories
2
Listing Agency:
Christie's Lone Star
Listed By:
Courtney Tauriac
Source:
Dfwareahousehunt
Added: Sep 18
Changed: Sep 20
Last Checked: Sep 21 at 7:33AM
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 Christie's Lone Star
Investment Insights
Based on property information with market context.
Completed in 2026, this 3,882-square-foot full duplex includes two-story residences with open main levels, 10-foot ceilings, white oak flooring, smooth-finish walls, and 8-foot doors. Each side includes a kitchen with a Frigidaire Professional appliance package, a mud room, an attached garage, a primary suite, a guest suite, and a third bedroom. Generous closets and 9-foot upstairs ceilings add to the interior layout.
Outdoor features include a large backyard, retractable covered roof systems, and room for a custom pool. The property also has a private security gate and insulated garage doors. Energy-related improvements include spray foam attic insulation, tankless water heaters, and Green-stamped construction standards.
Located at 6920 Victoria Avenue in Dallas, the duplex is near Bluffview, Devonshire, Inwood, and Lovers Lane, with dining and shopping in the surrounding area. The property can support an owner-occupant arrangement with one side used as a residence and the other leased, as stated in the property information.
Outdoor features include a large backyard, retractable covered roof systems, and room for a custom pool. The property also has a private security gate and insulated garage doors. Energy-related improvements include spray foam attic insulation, tankless water heaters, and Green-stamped construction standards.
Located at 6920 Victoria Avenue in Dallas, the duplex is near Bluffview, Devonshire, Inwood, and Lovers Lane, with dining and shopping in the surrounding area. The property can support an owner-occupant arrangement with one side used as a residence and the other leased, as stated in the property information.
Key Highlights
- Full duplex completed in 2026
- 3,882‑square‑foot property with two‑story residences
- Two residences include primary suites, guest suites, and third bedrooms
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
$68,259
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
4.71%
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%
$1,365,180
$1.4M
Cap Rate 7%
$975,129
$975.1K
Cap Rate 9%
$758,433
$758.4K
Market Conditions
NOI Build-Up for 3,882 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
$108.5K $27.96/SF
− Vacancy
−$11.0K −$2.84/SF
EGI
$97.5K $25.12/SF
− OpEx
−$29.3K −$7.54/SF
NOI
$68.3K $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%
$1,365,180
Cap Rate 7%
$975,129
Cap Rate 9%
$758,433
Alternative Uses
Best Use
Multifamily LT 5
$975.1K
$853.2K – $1.14M
NOI $68,259 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$843.3K
$737.9K – $983.8K
NOI $59,030 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$4.66M
$4.08M – $5.43M
NOI $326,066 @ 7.0% cap · market cap 22.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
804
Businesses Nearby
Explore this area
Business Placement
Demographics for 75209, TX
14,740
Population
7,498
Households
2
Avg Household Size
41
Median Age
70%
College-Educated
96%
High-School Grad
3.5 sq mi
ZIP Area
4,211
Density / Sq Mi
$126,121
Median Household Income
$78,931
Median Earnings
$1,797
Median Rent
$837,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-story duplex with modern finishes, attached garages, gated entry, and energy-focused systems.
Where is this duplex located?
The property is located at 6920 & 6922 Victoria Ave Dallas, TX.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Full duplex completed in 2026; 3,882‑square‑foot property with two‑story residences; Two residences include primary suites, guest suites, and third bedrooms
