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2009/2011 Prairie Avenue #2009/2011

Dallas, TX 75204

$1,499,998

2 units · 2017

Units2
Building area6,296 sq ft
Year built2017
Gross income$194,409/yr
Cap rate4.99% as listed
Parking4 spaces
Lot size0.07 acres
TypeDuplex

What it costs to own

Taxes$18,793 per year
HOANone listed
Operating expenses$119,622 per year — as listed
Insurance$8,947 per year — as listed
Net operating income$74,787 per year — as listed

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

About this home

AMAZING INCOME PRODUCING CONTEMPORARY STYLE DUPLEX OFFERING A BLEND OF SUBURBAN TRANQUILITY AND URBAN CONVENIENCE IN THE HEART OF DALLAS! Step inside the gated entry for added security and inside the front door you will find a bright open concept foyer with sitting area, tall ceilings, stunning hardwood flooring and a sleek modern look throughout! FRESHLY PAINTED INTERIOR! Entertain downstairs in a GORGEOUS kitchen with stainless appliances, gas range with pot filler, HUGE breakfast island and a massive walk in pantry with built in storage! Combined dining and living area with cozy fireplace. Mudroom off the garage is an added bonus! Retreat upstairs to find a game room and oversized laundry room with built in cabinets and counter space. Primary suite is luxurious and boasts a soaking tub, double sinks, separate shower with body sprays and an unbelievable custom closet! Second primary suite is ideal for multi-generational or co-living quarters! Multiple balconies offer a private outdoor place to retreat or enjoy a large covered patio downstairs for FUN outdoor gatherings! Tall privacy fence and easy to maintain landscaping create the perfect place to relax and unwind each day! Fakes Park Place is a Dallas neighborhood known for its proximity to numerous amenities. Residents have easy access to local parks, recreational facilities, and top-rated schools. It's also near shopping centers, restaurants, entertainment options like Deep Ellum, and the Baylor Medical District. The area provides access to lush green spaces and walking trails for nature lovers, offering a serene escape close to the city's vibrant cultural scene. There are multiple listings for both units in MLS. The property is currently being used as an Airbnb! Don't miss this unique opportunity to own two fully furnished revenue generating properties in one of the most sought after areas in DFW! HURRY!

The details

HeatingCentral, Fireplace Insert, Fireplace(s), Natural Gas
CoolingCeiling Fan(s), Central Air, Electric
FlooringCeramic Tile, Combination, Hardwood, Tile, Varies, Wood
AppliancesCommercial Grade Vent, Dishwasher, Disposal, Gas Range, Microwave, Plumbed For Gas in Kitchen, Vented Exhaust Fan, Other
Interior featuresBuilt-in Features, Cable TV Available, Cathedral Ceiling(s), Chandelier, Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Other, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Bathrooms6 full · 2 half
Fireplace1 · Electric, Glass Doors, Living Room, Ventless, Other

Construction materialsBrick, Siding, Other
RoofFlat, Mixed, Other
FoundationSlab

Lot featuresInterior Lot, Landscaped, Level, No Backyard Grass, Other, Subdivided
FencingBack Yard, Fenced, Full, Gate, High Fence, Privacy, Security, Wood, Other
Water sourceCity Water, Individual Water Meter
SewerCity Sewer
ElectricElectricity Connected
UtilitiesCable Available, Individual Gas Meter, Natural Gas Available, Phone Available

SubdivisionFakes Park Place

ElementaryChavez
Middle schoolSpence
High schoolNorth Dallas
DistrictDallas ISD

Gross income$194,409 per year
Operating expenses$119,622 per year
Operating includesInsurance, Licenses, Maintenance, Maintenance Grounds, Maintenance Structure, Pest Control, Supplies, Trash, Water/Sewer, Other
Insurance$8,947 per year
Cap rate4.99% — as listed
Net operating income$74,787 per year

Energy featuresConstruction, Drought Tolerant Plants, Exposure/Shade, Lighting, Low Flow Commode, Thermostat, Water Heater, Windows

MLS #21383958
Source
Price changeReduced by $1 · Oct 16, 2026
On the market13 days
CountyDallas

Around this home

One moment…

Everyday life

Nearest groceryLa Michoacana Meat Market · 0.3 mi
Nearest parkMonarch Park · 0.1 mi

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Listing courtesy of Twenty-Two Realty — Lanae Humbles.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21383958. Information last updated October 16, 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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