2404-2406 Colony Ct Dallas, TX 75235
For Sale
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Charming income-producing duplex in a prime Dallas location near Dallas Love Field and the Dallas Medical District. This versatile property features two spacious 2-bedroom, 1-bath units, making it ideal for owner-occupants, investors, or house hackers seeking strong rental potential. Each unit offers functional layouts, updated appliances, beautiful hardwood floors, and separate entrances for added privacy. Central air was installed in all units in 2025, adding modern comfort and efficiency. One unit is currently vacant and the other is tenant occupied. Both floorplans are the exact same. Positioned in a high-demand rental corridor with convenient access to downtown Dallas, major hospitals, airports, dining, and entertainment, this property presents excellent upside for long-term rentals, mid-term furnished housing, or future value-add improvements. Market rents in the area are approximately $1,700 per side, offering attractive income potential for investors. Whether you're expanding your portfolio or looking to live in one unit while generating income from the other, this is a rare opportunity in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.