Duplex with Two-Car
For Sale
$539,000
9520 Ash Creek Drive, Dallas, TX 75228
Occupied two-unit property with flexible layouts, central air, and access to nearby shopping, dining, and recreation.
Property Size2,604 SF
Price / SF$206.99
Days on Market220
Property Features for 9520 Ash Creek Drive
General Information
Standard status
Active
Size
2,604 SF
Total Parking Spaces
4
Property subtype
Multi-Family / Full Duplex
Occupancy
100%
Units
Unit Mix
1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
expansive backyard
Bedroom-Primary, 1, .00, .00, 0 x 0
Living Room, 1, .00, .00, 0 x 0
Central Air
Central
No
Laminate
Dishwasher, Disposal
Eat-in Kitchen, Open Floorplan
Composition, Shingle
One
Wood
1
Pillar/Post/Pier
Public Records
2
Brick
Building Details
Year Built
1954
Buildings
1
Tenancy
Multi
Listing Agency:
Dave Perry Miller Real Estate
Listed By:
Rhoni Golden · License #0730261
(214) 552-5555
Source:
Compass
Added: Mar 13
Changed: Oct 16
Last Checked: Oct 16 at 10:27AM
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 Dave Perry Miller Real Estate
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Investment Insights
Based on property information with market context.
This 2,604-square-foot duplex, built in 1954, includes two separate residences with complementary layouts. One unit has 2 bedrooms and 2 bathrooms; the other contains 2 bedrooms and 1 bathroom. Both homes feature central air, laminate flooring, an eat-in kitchen, an open floor plan, and dishwasher and disposal appliances. A two-car garage and expansive backyard add useful outdoor and storage space.
The property is located at 9520 Ash Creek Drive in Dallas, with both units occupied by long-term renters. The Dallas Arboretum & Botanical Garden and Casa Linda Plaza are situated just minutes away, providing nearby access to outdoor recreation, shopping, and dining.
The duplex offers a straightforward income-property configuration with a balanced bedroom mix and established occupancy across both residences.
The property is located at 9520 Ash Creek Drive in Dallas, with both units occupied by long-term renters. The Dallas Arboretum & Botanical Garden and Casa Linda Plaza are situated just minutes away, providing nearby access to outdoor recreation, shopping, and dining.
The duplex offers a straightforward income-property configuration with a balanced bedroom mix and established occupancy across both residences.
Key Highlights
- 2,604‑square‑foot duplex built in 1954
- Two units: one with 2 bedrooms and 2 bathrooms, the other with 2 bedrooms and 1 bathroom
- Both units occupied by long‑term renters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,787
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,740
$915.7K
Cap Rate 7%
$654,100
$654.1K
Cap Rate 9%
$508,744
$508.7K
Market Conditions
NOI Build-Up for 2,604 SF
Gross rent
$72.8K $27.96/SF
− Vacancy
−$7.4K −$2.84/SF
EGI
$65.4K $25.12/SF
− OpEx
−$19.6K −$7.54/SF
NOI
$45.8K $17.58/SF
Area
ZIP 75228
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%
$915,740
Cap Rate 7%
$654,100
Cap Rate 9%
$508,744
Alternative Uses
Best Use
Multifamily LT 5
$654.1K
$572.3K – $763.1K
NOI $45,787 @ 7.0% cap · market cap 8.49%
Second Best
Apartment 5plus
$565.7K
$495.0K – $659.9K
NOI $39,596 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$2.85M
$2.49M – $3.33M
NOI $199,516 @ 7.0% cap · market cap 37.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
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Business Placement
Demographics for 75228, TX
68,219
Population
27,329
Households
2.5
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
11.4 sq mi
ZIP Area
5,984
Density / Sq Mi
$59,617
Median Household Income
$36,862
Median Earnings
$1,196
Median Rent
$259,500
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 - Occupied two-unit property with flexible layouts, central air, and access to nearby shopping, dining, and recreation.
Where is this duplex located?
The property is located at 9520 Ash Creek Drive Dallas, TX.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 2,604‑square‑foot duplex built in 1954; Two units: one with 2 bedrooms and 2 bathrooms, the other with 2 bedrooms and 1 bathroom; Both units occupied by long‑term renters
