FREE book: The Book on Texas Real Estate Investing — download now

Dallas Pair of Duplexes Exceeding 1% Rule $650k

2250 and 2254 Areba St, Dallas
ROI
21.60% IRR
Strategy
Long Term Rental
Pair of duplexes totaling four units, all fully occupied with long term tenants at average rents of about $1775 per unit. Each unit is a two bed one bath layout of about 900 sqft. Fully remodeled in 2021. The location supports very low vacancy due to proximity to Downtown Dallas, Bishop Arts, Deep Ellum, and Lower Greenville. The seller prefers to sell both duplexes together and a combined purchase around $650k is realistic, with the option to purchase individually at about $335k each.

Enter your email to download the proforma

< Back to Daily Deals

Dallas Pair of Duplexes Exceeding 1% Rule $650k

Listed 12/22/2025

2250 and 2254 Areba St, Dallas

Purchase Price:$650,000

Cash Outlay:$175,500

Cashflow:$1,205/mo

Cap Rate:8.21%

IRR:21.60%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

Off-Market STR AirBnB Compound Producing $175k | $890k

20122 Canterbury Rd, Porter

Purchase Price:$890,000

Cash Outlay:$240,300

Cashflow:$3,309/mo

Cap Rate:10.30%

IRR:32.46%

Long Term Rental

Houston MSA Duplex Nearly 10% Cash-on-Cash | $591K

1762 E Peach Creek Dr, Dayton

Purchase Price:$591,000

Cash Outlay:$159,570

Cashflow:$1,191/mo

Cap Rate:7.25%

IRR:21.92%

Long Term Rental

DFW Duplex: Retail Buyers Pay $699K, SRC Clients Pay | $655K

6802-6804 Florence Dr, Midlothian

Purchase Price:$695,000

Cash Outlay:$187,650

Cashflow:$779/mo

Cap Rate:6.18%

IRR:16.56%

Mid Term Rental

North Dallas STR With $80K+ Proven Revenue | $490K

4219 Bendwood Ln, Dallas

Purchase Price:$490,000

Cash Outlay:$132,300

Cashflow:$351/mo

Cap Rate:6.70%

IRR:15.01%

Short Term Rental

Northwest Austin Quad 100% Occupied | $630K

1903 W Loop, Austin

Purchase Price:$630,000

Cash Outlay:$170,100

Cashflow:$619/mo

Cap Rate:7.02%

IRR:16.55%

Long Term Rental

Plano 5-Unit in a Premier Submarket | $950K

1607 M Ave, Plano

Purchase Price:$950,000

Cash Outlay:$256,500

Cashflow:$231/mo

Cap Rate:6.13%

IRR:12.25%