$1,865,000
$10K PRICE DROP

5105 Vandelia St Dallas, TX 75235

Estimated payment $13,011/month

Total Views 15,889
10 Beds
10 Baths
6,600 Sq Ft
$283 Price per Sq Ft

Highlights

  • Dual Staircase
  • 5 Fireplaces
  • Private Yard
  • Wood Flooring
  • Corner Lot
  • 10 Car Attached Garage

About This Home

Fully renovated and cash-flow ready—5105 Vandelia is a turn-key 5-unit investment property located in Dallas’s booming Medical District. Built in 1983, each unit features 2 bedrooms, 2 bathrooms, a two-car garage, and 1,320 sq ft of living space. All units have been stylishly updated with hardwood floors, quartz countertops, and modern bathrooms. Each one also includes a private balcony and fenced yard—ideal for added tenant appeal. Exterior upgrades include fresh paint and new fencing, while major systems are in excellent condition with 4 of 5 HVACs replaced and a lifetime transferable foundation warranty in place.

Currently leased below market, this property offers strong upside potential through rent increases or conversion to short-term rentals—making it an ideal option for travel nurse housing or furnished corporate stays. With its proximity to major hospitals, employment centers, and transportation hubs, this is a low-maintenance, high-potential asset in one of DFW’s most in-demand rental markets. Please do not disturb tenants—contact the listing agent for showings.

Listing Agent

Jacob Stevenson

Compass RE Texas, LLC. Brokerage Phone: 469-367-2655 License #0706671 Listed on: 05/27/2025

Compass RE Texas, LLC.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $34,422

Year Built

  • Built in 1983

Lot Details

  • 8,756 Sq Ft Lot
  • Corner Lot
  • Private Yard

Parking

  • 10 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Dual Staircase
  • 5 Fireplaces
  • Fireplace Features Masonry

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Full Bathrooms

Schools

  • Maplelawn Elementary School
  • North Dallas High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / E4897
  • Assessor Parcel Number 0048970E000100000

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • 6,600 Sq Ft Building
  • Cedar Spgs Heights Subdivision

Building Details

  • Gross Income $133,500
  • Net Operating Income $93,238

Property Details

Home Type

Apartment

Est. Annual Taxes

$34,422

Year Built

Built in 1983

Lot Details

0

Parking

10

Listing Details

  • OWNERNAME: See Tax Records
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Three Or More
  • Year Built Details: Preowned
  • Attribution Contact: 469-367-2655
  • CapRate: 5.0
  • Co List Office Mls Id: CMPS01
  • Special Features: VirtualTour
  • Year Built: 1983

Interior Features

  • Fireplace Features: Masonry
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Multiple Staircases, Cable TV, Wired for Sound
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Dishwasher, Disposal
  • Fireplaces: 5

Beds/Baths

  • Full Bathrooms: 10
  • Total Bedrooms: 10

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Yard
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 10.0
  • Total Covered Spaces: 10.0
  • Parking Features: Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Maplelawn
  • High School: North Dallas
  • Junior High Dist: Dallas ISD

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.201
  • Parcel Number: 0048970E000100000
  • Lot Size Acres: 0.201
  • Lot Size Sq Ft: 8755.56

Building Info

  • Year Built: 1983
  • Units Total: 5
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 5840.0
  • Annual Gross Income: 133500.0
  • Property Net Operating Income: 93238.0

Tax Info

  • TaxBlock: E4897
  • Tax Lot: 10
  • Tax Annual Amount: 34422.0

MLS Schools

  • MiddleOrJuniorSchool: Rusk

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $1,865,000 -0.5% $283 / Sq Ft
05/27/2025 05/27/25 For Sale $1,875,000 +34.4% $284 / Sq Ft
08/11/2021 08/11/21 Sold -- -- --
03/25/2021 03/25/21 For Sale $1,395,000 -- $211 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20949432

North Texas Real Estate Information Systems (NTREIS)