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412 & 414 Avenue L

Dallas, TX 75203

$1,000,000

2 units · 2026

Units2
Building area4,590 sq ft
Year built2026
Gross income$84,000/yr
Cap rate5.4% as listed
Parking4 spaces
Lot size0.128 acres
TypeDuplex

What it costs to own

Taxes$3,954 per year
HOANone listed
Operating expenses$40,000 per year — as listed
Insurance$30,000 per year — as listed
Net operating income$54,000 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Welcome to 412 & 414 Avenue L, where urban sophistication pairs with thoughtful design to create an unmistakable haven in the heart of the city. The brand new construction 6 bedroom, 6.5 bathroom duplex sits mere minutes from every major district in Dallas. Whether for work or play, imagine investing in quality construction within 5 to 15 minutes of Downtown, Deep Ellum, Bishop Arts, the Halperin Deck Park, Knox Henderson, the Medical District, the Dallas Trail System, and so much more!

Location is a lot, but it's not everything! Even better than having the city at your doorstep is owning an elevated retreat in an area fueled by the exponential growth all around it. These homes are built to appreciate with real hardwoods throughout, custom cabinetry, commercial ranges, high end counters and fixtures, and 6 generously sized private suites. The property offers style, ease, and functionality to those on the go.

The property may be purchased as a duplex for an investor or house hacker or each unit can be purchased separately. So schedule your showing today and claim one of both sides of this stunning duplex for yourself!

The details

HeatingCentral
CoolingCentral Air
FlooringCeramic Tile, Hardwood
AppliancesBuilt-In Gas Range, Commercial Grade Range, Dishwasher, Disposal, Microwave, Plumbed For Gas in Kitchen, Vented Exhaust Fan
Interior featuresBuilt-in Features, Cable TV Available, Chandelier, Decorative Lighting, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Bathrooms6 full · 2 half
Fireplace2 · Den

Construction materialsSiding, Stucco
RoofComposition
FoundationSlab
New constructionYes

Lot featuresInterior Lot, Landscaped
FencingPrivacy, Wood
Water sourceCity Water, Individual Water Meter
SewerCity Sewer
ElectricElectricity Connected
UtilitiesCable Available, Individual Gas Meter, Natural Gas Available

SubdivisionSkyline Heights Add

ElementaryCedar Crest
Middle schoolOliver Wendell Holmes
High schoolRoosevelt
DistrictDallas ISD

Gross income$84,000 per year
Operating expenses$40,000 per year
Operating includesInsurance, Maintenance, Vacancy Allowance
Insurance$30,000 per year
Cap rate5.4% — as listed
Net operating income$54,000 per year

MLS #21408761
Source
On the market1 day
CountyDallas

Around this home

One moment…

Everyday life

Nearest grocerySave-A-Lot · 2.2 mi
Nearest parkMoore Park · 0.4 mi

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Listing courtesy of Compass RE Texas, LLC. — Albany Shaw.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21408761. Information last updated October 11, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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