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15545 El Estado Dr 4 Unit Apartment Building Offered at $1,170,000 at a 4.50% Cap Rate Dallas, TX 75248
Executive Summary
Two full duplexes offering an excellent investment opportunity in a highly desirable North Dallas location. Each duplex features two spacious 3-bedroom, 2-bath residences with separate entrances, utilities, and private living spaces, providing flexibility and long-term value. Three of the units are tenant-occupied, and the fourth unit is move-in ready, showcasing vinyl flooring in the living areas, new carpet in the bedrooms, a refreshed kitchen with modern finishes and stainless steel appliances. One bedroom is located downstairs with convenient access to an updated full bathroom, while upstairs includes two additional bedrooms and a second full bathroom, creating a practical and well-balanced floor plan. Each unit also has a private, fenced back patio and detached 2-car carport with storage. Both properties are zoned to highly sought-after Richardson ISD, and conveniently located near UT Dallas, shopping, dining, and major commuting routes.
Property Facts
| Price | $1,170,000 | Property Type | Multifamily |
| Price Per Unit | $292,500 | Building Size | 3,000 SF |
| Sale Type | Investment | Average Occupancy | 75% |
| Cap Rate | 4.50% | No. Stories | 2 |
| No. Units | 4 | Year Built | 1967 |
| Price | $1,170,000 |
| Price Per Unit | $292,500 |
| Sale Type | Investment |
| Cap Rate | 4.50% |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 3,000 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1967 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Ceiling Fans
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Patio
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Walk Score®
Very Walkable (79)
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Videos
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Contact the Sale Advisor
15545 El Estado Dr
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