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    New Build-to-Rent Duplex Portfolio Title is generated by Realmo AI

    7803 & 7805 Lost Mirage Drive, Dallas, TX 75232

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    Claim this Listing
    New
    For Sale
    $670,000

    MULTI_FAMILY - Dallas, TX

    Property size:
    3,420 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $195/SF
    Added:
    Jun 26, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 26 at 1:06 pm

    Property Features for 7803 & 7805 Lost Mirage Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bedroom 4, Bathroom 4, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 6, Bedroom 6, Bathroom 5, Bedroom 2, Bathroom 2
    Parking
    4
    Parking features
    Open, Garage, Driveway
    Security features
    Security
    Interior features
    BuiltInFeatures, DecorativeDesignerLightingFixtures, DoubleVanity, EatInKitchen, GraniteCounters, KitchenIsland, OpenFloorplan, Pantry, PanelingWainscoting, CableTv, VaultedCeilings, NaturalWoodwork, WalkInClosets
    Fireplace
    1
    Appliances
    Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave
    Standard status
    Active
    APN
    00000750836360100
    Size
    3,420 SF
    Lot size
    0.25 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Fireplace(s)
    Cooling system
    Central Air, Electric, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2026
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Tile, Vinyl
    Building materials
    Brick, FiberCement
    Roof type
    Shingle, Composition

    We can help!

    Contact an agent
    Antonio Everette

    Listing agent Antonio Everette License #0525846

    Listing office BSA Realty Dallas, TX

    Listing date Jun 26, 2026

    MLS# 21264202 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 12‑unit build‑to‑rent portfolio in Dallas, TX: six newly built duplex buildings
    • Each unit offers 3 bedrooms and 2.5 bathrooms with 2‑story floorplans
    • Units include attached 2‑car garages
    • Phased delivery: first two duplexes scheduled for completion in mid‑July 2026
    • New construction with Year Built 2026; utilities include public water and public sewer

    Overview

    This for-sale portfolio includes newly constructed six duplex buildings totaling 12 build-to-rent units. Each unit is designed as a two-story layout with three bedrooms and two and a half bathrooms, along with an attached two-car garage. The developer is delivering the project in phases, with the first two duplexes scheduled for completion in mid-July 2026 and subsequent duplexes delivered in consecutive phases. The offering is structured to provide new-construction rental housing with modern unit layouts.

    The property is located at 7803 & 7805 Lost Mirage Drive in Dallas, Texas (Dallas County). The location is described as having convenient access to major highways, employment centers, and Downtown Dallas.

    For investors and operators seeking build-to-rent housing, this portfolio provides scale across multiple duplex buildings with consistent unit configurations. The phased timeline allows for staggered deliveries starting mid-July 2026, and buyers can request materials such as floorplans, projected rents, the construction schedule, and portfolio pricing details from the listing agent.

    Local 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 $95.6k $27.96
    − Vacancy −$9.7k −$2.84
    EGI $85.9k $25.12
    − OpEx −$25.8k −$7.54
    NOI $60.1k $17.58
    3,420 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $859.1K
    $751.7K – $1.00M (±1% cap)
    NOI $60,136 @ 7.0% cap · market cap 8.98%
    Second Best
    Apartment 5plus
    $742.9K
    $650.1K – $866.8K (±1% cap)
    NOI $52,005 @ 7.0% cap · market cap 7.76%
    Theoretical Best
    Office A
    $4.10M
    $3.59M – $4.79M (±1% cap)
    NOI $287,260 @ 7.0% cap · market cap 42.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.845805
    Latitude
    32.653344

    FAQs

    What type of property is this?
    Duplex - Newly constructed 12-unit build-to-rent duplex portfolio with attached garages and phased delivery beginning mid-July 2026.
    Where is this duplex located?
    The property is located at 7803 & 7805 Lost Mirage Drive Dallas, TX.
    What is the asking price?
    The asking price for this property is $670,000.
    What are key features of this property?
    This property features: 12‑unit build‑to‑rent portfolio in Dallas, TX: six newly built duplex buildings; Each unit offers 3 bedrooms and 2.5 bathrooms with 2‑story floorplans; Units include attached 2‑car garages
    More about this property
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