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Days36Days on Market
Views1view
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$950,000

$1,000,000

2315 S Vernon Avenue, Dallas, TX, 75224

On MarketInfo
Price DropInfo
Beds6 Beds
Baths8 Bath
DuplexDuplex
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 8Bathrooms 8
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringWood

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen, Outdoor Grill
Lot Size7,100 sqft

Building Information

Garage Spaces2

Land Information

APN00000468313000000
Lot Number18
SubdivisionElmdale
Land UseCommercial
Legal DescriptionELMDALE BLK C/5974 LT 18 INT202400215100 DD10232024 CO-DC 5974 00C 01800 2005974 00C
Census Tract006200
Assessed Land Value$120,000
Assessment Year2025

About this property

Built with a level of finish and intention rarely seen in multifamily properties, this custom duplex offers two beautifully matched residences designed for modern living, long-term flexibility, and effortless style. Together, the property spans approximately 4,000 square feet with 6 bedrooms, 6 full bathrooms, and 2 half baths, creating an ideal setup for owner-occupants, investors, or multigenerational living. Each side mirrors the other with a highly functional floor plan featuring three spacious ensuite bedrooms, open-concept entertaining spaces, and a first-floor primary suite. Inside, soaring ceilings, white oak flooring, custom cabinetry, and layered textures create interiors that feel warm, sophisticated, and thoughtfully curated rather than overly modern. The kitchens anchor each home with oversized islands, quartz countertops, gas cooking, and custom storage, while the adjoining living areas are filled with natural light and centered around sleek fireplaces. Every bedroom offers privacy and comfort with its own dedicated bath and generous closet space, making the layout especially appealing for shared living or premium rental opportunities. The outdoor spaces feel equally considered, with covered patios, built-in grills, private fenced yards, and seamless indoor-outdoor flow. Additional features including foam insulation, tankless water heaters, attached garages, and dedicated office nooks further elevate the day-to-day experience. Positioned near Wynnewood Village, Halperin Park, and just minutes from Downtown Dallas, this is an opportunity to own a design-forward property that combines strong income potential with genuinely beautiful living spaces.

Investor Tools

Property Icon
$120,000
Estimated Property Value
$0Estimated Mortgage Balance
$120,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Emily Cannon

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,672
$120,000
2025
$120,000
N/A
$120,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,672
$120,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$120,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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2315 S Vernon Avenue | Property Details | No Agent List