Side-by-Side
New
For Sale
$1,190,000
9103-05 Boedeker Circle, Dallas, TX 75225
Each residence has three bedrooms, two bathrooms, and its own two-car garage.
Property Size4,478 SF
Price / SF$265.74
Days on Market7
Property Features for 9103-05 Boedeker Circle
General Information
Standard status
Active
Size
4,478 SF
Total Parking Spaces
4
Property subtype
Multi-family
Property Condition
Severity
Repairs Needed
Evidence
ready for updating
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
1966
Listed By:
Melinda Matise · License #0412518
(214) 668-8976
Source:
Briggsfreeman
Added: Oct 12
Changed: Oct 16
Last Checked: Oct 16 at 2:32PM
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 Melinda Matise
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1966 duplex contains approximately 4,478 square feet across two side-by-side residences, each measuring a little over 2,200 square feet. Both units have three bedrooms, two bathrooms, and a two-car garage. The building rests on a pier-and-beam foundation, and both residences are ready for updating.
The property is at 9103-05 Boedeker Circle in Dallas, with Glen Lakes and NorthPark nearby. Its two-unit layout and existing garage configuration are retained across the property.
The property is at 9103-05 Boedeker Circle in Dallas, with Glen Lakes and NorthPark nearby. Its two-unit layout and existing garage configuration are retained across the property.
Key Highlights
- Two‑unit duplex with a side‑by‑side floor plan
- Approximately 4,478 SF total; each unit has a little over 2,200 square feet
- Each residence includes 3 bedrooms, 2 baths, and a 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,739
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,574,780
$1.6M
Cap Rate 7%
$1,124,843
$1.1M
Cap Rate 9%
$874,878
$874.9K
Market Conditions
NOI Build-Up for 4,478 SF
Gross rent
$125.2K $27.96/SF
− Vacancy
−$12.7K −$2.84/SF
EGI
$112.5K $25.12/SF
− OpEx
−$33.7K −$7.54/SF
NOI
$78.7K $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 Rate 5%
$1,574,780
Cap Rate 7%
$1,124,843
Cap Rate 9%
$874,878
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$984.2K – $1.31M
NOI $78,739 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$972.7K
$851.2K – $1.13M
NOI $68,092 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$5.37M
$4.70M – $6.27M
NOI $376,126 @ 7.0% cap · market cap 31.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,880
Businesses Nearby
Explore this area
Business Placement
Demographics for 75225, TX
22,635
Population
9,839
Households
2.3
Avg Household Size
46
Median Age
84%
College-Educated
99%
High-School Grad
4.7 sq mi
ZIP Area
4,816
Density / Sq Mi
$189,985
Median Household Income
$114,600
Median Earnings
$2,406
Median Rent
$1,489,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, two bathrooms, and its own two-car garage.
Where is this duplex located?
The property is located at 9103-05 Boedeker Circle Dallas, TX.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Two‑unit duplex with a side‑by‑side floor plan; Approximately 4,478 SF total; each unit has a little over 2,200 square feet; Each residence includes 3 bedrooms, 2 baths, and a 2‑car garage
