09/20/2026
Potential Deal: 5 Units in Dallas for Under $500,000
2308 Britton Drive is listed by Jett Waters with Real Broker, LLC. SmartPointe Real Estate does not represent the seller.
We came across this Dallas multifamily property and thought it was worth a closer look.
The property is listed at $499,000 and includes five units, which works out to approximately $99,800 per unit.
A few things that caught our attention:
• Potential gross rent of approximately $75,360 per year
• Two vacant units with lease up potential
• Fourplex plus a detached two bedroom house
• Approximately $125,000 in reported renovations completed in 2023
• Existing tenants are reportedly on month to month leases
The advertised cap rate is 15.1%, but we took a closer look at the income, vacancies, taxes, insurance and other expenses an investor should consider before making an offer.
Read our full breakdown here:
https://smartpointe.net/blog/potential-deal-5-units-in-dallas-for-under-500-000
If you are interested in this property or looking for other multifamily investment opportunities in DFW, SmartPointe Real Estate can represent you as the buyer and help you analyze the numbers before moving forward.
Email us at [email protected]
Five units in Dallas for $499,000 puts this property at just under $100,000 per unit. We take a closer look at the rental income, vacancies, reported renovations, operating expenses and other factors investors should consider before making an offer.