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14
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1
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Diego Trujillo
  • Developer
  • Dallas
1
Votes |
14
Posts

Multifamily Opportunity for Holding

Diego Trujillo
  • Developer
  • Dallas
Posted

I want a professional opion on this townhomes that I am building, Looking to offer to a holding company or investors 1031 Exchange. 

5705 Live Oak Townhomes – Dallas, TX 75206

📍 Project Snapshot

  • Location: East Dallas / Lower Greenville Corridor

  • Project: 4 New Luxury Townhomes

  • Status: ~55–60% Complete (Delivery [Insert Date])

  • Pricing: $2,250,000 Total Package

    • 2 Corner Units @ $575K

    • 2 Interior Units @ $550K

🏡 Property Details

  • 1,400 SF Living Area / Unit

  • 3 Stories w/ Rooftop Terrace

  • 2 Bedrooms / 2.5 Bathrooms

  • Private 2-Car Garage + Patio

  • Quartz Counters • Stainless Appliances • Spray Foam Insulation

  • Builder’s 1-2-10 Warranty

📊 Investment Highlights

  • Projected Rent / Unit: $3,650–$3,800

  • Annual Gross Income: ~$175,200

  • Estimated NOI: ~$88,100

  • Cap Rate: ~3.9–4.3%

  • Renter Market: 71% of households in 75206

  • Tenant Base: Young professionals, SMU staff/students, medical professionals

🌆 Location Advantage

  • Walk Score: ~82 (Very Walkable)

  • Bike Score: ~72 • Transit Score: ~62

  • 5–10 mins to SMU, Baylor Medical, Uptown, Downtown

  • Surrounded by dining, retail, nightlife in Lower Greenville & Knox/Henderson

✅ Investor Benefits

  • Bulk portfolio acquisition (4 turnkey units)

  • Prime infill neighborhood with limited new supply

  • Strong rental upside & appreciation potential

  • Low-maintenance, energy-efficient design

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