Updated 5 days ago on . Most recent reply
Multifamily Opportunity for Holding
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
- 2 Corner Units @ $575K
🏡 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



