5105 Vandelia Street

Dallas, TX 75235

$1,975,000
Price
10
Beds
10
Baths
6,600 Sq. Ft.
$299 / Sq. Ft.
6,600
Sq. Ft.
$299
per Sq. Ft.

Description

Introducing 5105 Vandelia—a prime 5-unit investment opportunity in Oak Lawn. Built in 1983, each unit boasts 2 beds, 2 baths, and a two-
car garage across 1320 sq ft. Recent renovations have modernized four units, featuring hardwood floors, quartz countertops, and updated bathrooms. Outdoor spaces include yards and balconies, with fresh
exterior paint and new fencing. Rental rates are currently below market average, presenting potential for increased returns. Don't miss out on
this lucrative asset in
...Introducing 5105 Vandelia—a prime 5-unit investment opportunity in Oak Lawn. Built in 1983, each unit boasts 2 beds, 2 baths, and a two-
car garage across 1320 sq ft. Recent renovations have modernized four units, featuring hardwood floors, quartz countertops, and updated bathrooms. Outdoor spaces include yards and balconies, with fresh
exterior paint and new fencing. Rental rates are currently below market average, presenting potential for increased returns. Don't miss out on
this lucrative asset in Oak Lawn's thriving real estate market.

Listing Agent

  1. Jacob Stevenson

    Jacob Stevenson

    Listing Agent

    Compass

    TREC #0706671

Property Details for 5105 Vandelia Street

Subdivision Name
Cedar Spgs Heights
Pool
No
Garage Spaces
10
Number Of Parking Spaces
10
LISTING UPDATED: 11/05/2024 03:10 AM

Property Details for 5105 Vandelia Street

StatusActive
MLS #20748786
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built1983
Lot Size0.20 AC / 8,755 SF
CountyDallas County
Buyer's Agent Compensation2%

Building Information for 5105 Vandelia Street

Stories3Residences5Year Built1983Building Size-Lot Size0.20 AC / 8,755 SF

Property Information for 5105 Vandelia Street

Summary
Location and General Information
  • Block: E4897
  • Complex Name: 5105 Vandelia
  • Directions: SEE GPS
  • Elementary School: Maplelawn
  • Elementary School Name: Maplelawn
  • High School: North Dallas
  • High School Name: North Dallas
  • Middle School: Rusk
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Dallas ISD
  • Geocode Confidence: High
  • Latitude: 32.82
  • Longitude: -96.82
  • State: Texas
Parking
  • Parking Features: Garage
  • Attached Garage: Yes
  • Parking Spaces Covered Total: 10
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: CEDAR SPRINGS HEIGHTS BLK E/4897 LT 10 & PT A
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 10
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Brick
  • Fireplaces Total: 5
  • Flooring: Carpet, Vinyl
  • Heating: Central
  • Interior Features: Cable TV Available
  • Appliances: Built-in Gas Range, Dishwasher
  • Basement: No
  • Cooling: Central Air
  • Living Area: 6600.0
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick, Siding
  • Fencing: Wood
  • Foundation Details: Slab
  • Number Of Stories: 3
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 5
  • Levels: Three Or More
Property
Utilities
  • Utilities: Cable Available, City Sewer, City Water
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: 1031 Exchange, Cash, Conventional, Owner Will Carry
  • Concessions YN: Yes
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.201
  • Lot Size Area: 0.201
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8755.56
  • Multi Parcel ID: No
  • Parcel Number: 0048970E000100000
Multi Family
Multi-Family Information
  • Number Of Buildings: 2
  • Capitalization Rate: 4.16%
  • Gross Annual Expenses: $41,440
  • Gross Annual Income: $129,000
  • Insurance Expense: $5,840
  • Net Operation Income: $82,072.00
Unit 1
  • Average Lease Amount: $2,150.00
  • Living Area Length: 12.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 5

Property History for 5105 Vandelia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5105 Vandelia Street

Taxable ValueLand$219,000Additions$1,306,640Total$1,525,640
Tax Record2024$35,010 ($2,918 / month)
Home Facts
Total Finished SqFt6,600 SqFtAbove Grade Finished SqFt6,600 SqFtStories2Lot Size8,760 SqFtStyleMulti-Family Res (5+ Units)Year Built1983Year Renovated1994ZoningZ239CountyDALLASAPN0048970E000100000

Schools near 5105 Vandelia Street

This home is within Dallas Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 3 to 8
Rating
School
Distance
Maple Lawn Elementary School
PublicPK to 5

Thomas J Rusk Middle School
Public6 to 8

North Dallas High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5105 Vandelia Street is a multi-family home for sale in Dallas, TX 75235. This property was listed for sale on November 4, 2024 by Compass, it's currently listed at $1,975,000. It has been on the market for a total of 17 days and was last sold on August 11, 2021. This listing's school district is Dallas Independent School District. Nearby schools include Maple Lawn Elementary School, Thomas J Rusk Middle School and North Dallas High School. 5105 Vandelia Street is a 10-bed, 10-bath, 6,600 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 11/05/2024 03:10 AM