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707 W Commerce St
Dallas, TX 75208
707 Townhomes · Multifamily Property For Sale · 16 Units

Investment Highlights

  • Value-Add
  • Rental or Sale
  • Redevelopment

Executive Summary

707 Commerce Townhomes offers a rare adaptive-use and redevelopment opportunity in a rapidly evolving urban corridor. The property consists of a fully vacant townhome community that can be strategically repositioned as a rental asset or sold as individual fee-simple townhome units. With complete vacancy, investors benefit from immediate operational control and the ability to execute renovations without tenant disruption or phased turnover constraints.
The asset currently requires both mechanical and cosmetic improvements, presenting a clear value-add investment profile with substantial upside through renovation and repositioning. Deferred maintenance includes a range of interior and exterior repairs, system upgrades, and aesthetic enhancements, allowing a new owner to tailor improvements toward either premium rental positioning or for-sale residential product.

Property Facts

Sale Type Investment
Sale Conditions
Deferred Maintenance
  • High Vacancy Property
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.63 AC
Building Size 26,178 SF
Average Occupancy 0%
No. Stories 3
Year Built 2020
Parking Ratio 0.61/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Stainless Steel Appliances
  • Quartz Countertops

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1.5 14 - 1,550 - 1,680
2+2.5 2 - 1,936 - 2,124

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 004004000A0060000
  • 004004000A0100000
  • 004004000A0150000
  • 004004000A0CA0A00
  • 004004000A0020000
  • 004004000A0090000
  • 004004000A0080000
  • 004004000A0040000
  • 004004000A0120000
  • 004004000A0140000
  • 004004000A0110000
  • 004004000A0050000
  • 004004000A0030000
  • 004004000A0070000
  • 004004000A0160000
  • 004004000A0130000
  • 004004000A0010000
Land Assessment
$931,140
Improvements Assessment
$4,673,720
Total Assessment
$5,604,860
  • Listing ID: 40419205

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 707 W Commerce St, Dallas, TX 75208

Contact the Sale Advisor

707 Townhomes | 707 W Commerce St

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