10-Unit Apartment
9825 Walnut Street, Dallas, TX 75243
For Sale
Contact for pricing
Three three-story buildings include a pool, jacuzzi, in-unit fireplaces, and washer/dryer connections.
Property Size4,230 SF
Price / SF$173.76
Days on Market9
Property Features for 9825 Walnut Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Amenities
pool
jacuzzi
in-unit fireplaces
washer/dryer connections
Building Details
Buildings
Stories
Listing Agency:
Onyx Legacy Group
Listed By:
Keesha Moore · License TX #629108
(214) 334-3206
Source:
Crexi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 12 at 7:16AM
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 Onyx Legacy Group
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Investment Insights
Based on property information with market context.
This 10-unit apartment property spans three three-story buildings constructed between 1981 and 1984. The buildings contain 4,230 square feet in total, with units averaging 423 square feet. Community amenities include a pool and jacuzzi; individual units have fireplaces and washer/dryer connections.
Key Highlights
- 10 apartments across three three‑story buildings
- 4,230 square feet total; units average 423 SF
- Buildings constructed between 1981 and 1984
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,321
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,286,420
$1.3M
Cap Rate 7%
$918,871
$918.9K
Cap Rate 9%
$714,678
$714.7K
Market Conditions
NOI Build-Up for 4,230 SF
Gross rent
$131.0K $30.96/SF
− Vacancy
−$14.0K −$3.31/SF
EGI
$116.9K $27.65/SF
− OpEx
−$52.6K −$12.44/SF
NOI
$64.3K $15.21/SF
Area
ZIP 75243
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%
$1,286,420
Cap Rate 7%
$918,871
Cap Rate 9%
$714,678
Alternative Uses
Best Use
Apartment 5plus
$918.9K
$804.0K – $1.07M
NOI $64,321 @ 7.0% cap · market cap 8.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.63M
$4.05M – $5.40M
NOI $324,099 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
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Business Placement
Demographics for 75243, TX
62,273
Population
31,577
Households
2
Avg Household Size
34
Median Age
34%
College-Educated
86%
High-School Grad
9.2 sq mi
ZIP Area
6,769
Density / Sq Mi
$50,357
Median Household Income
$33,760
Median Earnings
$1,226
Median Rent
$359,100
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Dallas, TX
Properties on Market for Apartment buildings in Dallas
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Three three-story buildings include a pool, jacuzzi, in-unit fireplaces, and washer/dryer connections.
Where is this apartment building located?
The property is located at 9825 Walnut Street Dallas, TX.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: 10 apartments across three three‑story buildings; 4,230 square feet total; units average 423 SF; Buildings constructed between 1981 and 1984
