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4206 Cabell Dr, Dallas, TX, 75204

9beds
11baths
10,198sqft
$3,049,000
$299price/sqft
$22,837/moest. monthly cost
$913,480/yrincome needed

About This Home

PRICE IMPROVEMENT. FULLY LEASED 7-UNIT PRIME TOWNHOUSE INVESTMENT OPPORTUNITY – HIGH CAP RATE, INSTANT CASHFLOW. This exceptional 7-unit townhome development offers a rare opportunity for investors seeking immediate returns in a prime location with seamless access to Downtown, Uptown, Knox-Henderson, and the Central Project. Featuring 5 spacious one-bedroom and 2 two-bedroom units, all fully leased, this property guarantees instant cash flow and strong rental demand. Designed with elegant interior and exterior finishes, each unit boasts luxurious living spaces and expansive private rooftop terraces with stunning city views. Its highly desirable location ensures long-term appreciation and tenant appeal, while its stable income stream enhances loan approval potential and favorable financing terms. This turnkey investment is an ideal choice for those looking to secure a high-performing, fully stabilized asset in one of the city’s most sought-after neighborhoods. Serious inquiries only.

Getting Around

78
WalkingVery Walkable
65
TransitGood Transit
70
BikeVery Bikeable

Schools

5/10
3/10
North Dallas High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 2024

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Built-In Gas Range,Dishwasher,Disposal,Microwave,Tankless Water Heater

Bedroom

  • Level: Third
  • Dimensions: 15 x 11

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 11
  • Full bathrooms: 9
  • 1/2 bathrooms: 2

Features

  • Decorative/Designer Lighting Fixtures,Double Vanity,Granite Counters,High Speed Internet,Open Floorplan,Cable TV

Interior Area

  • Total interior livable area: 10,198 sqft

Kitchen

  • Level: Second
  • Dimensions: 18 x 11

Living Room

  • Level: Second
  • Dimensions: 22 x 18

Master Bedroom

  • Level: Third
  • Dimensions: 15 x 12

Property

Details

  • Parcel number: XXXX
  • Attached to another structure: Yes

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None

Lot

  • Lot size: 7,501 sqft

Parking

  • Total spaces: 9
  • Parking features: Alley Access,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 9
  • Covered spaces: 9
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Hail
Tornado
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,417$185,004
Home Insurance *$1,512$18,144
Property Taxes $4,789$57,468
Electricity $1,119$13,437
Total$22,837$274,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$782,982/yr
40% on housing$685,110/yr
45% on housing$608,986/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$299This listing

vs Other Active Listings

Avg $/sqft

ZIP 75204$277
Dallas County$232

vs Homes Sold Last Month

Median $/sqft

ZIP 75204$322
Dallas County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-10Listed for sale$3,049,000
2026-02-01Listing removed$3,090,000
2026-01-13Price change$3,090,000
2025-06-12Listed for sale$3,190,000
2025-06-11Listing removed$3,250,000
2025-05-07Listed for sale$3,250,000
2025-04-24Contingent$3,250,000
2025-01-30Listed for sale$3,250,000
2024-06-25Listing removed$3,575,000
2024-03-22Listing removed--
2024-01-03Listed for sale$3,575,000
2022-04-29Sold--
2022-04-24Pending sale$400,000
2022-04-11Contingent$400,000
2022-04-09Listed for sale$400,000
2020-08-18Listing removed$399,000
2020-07-19Price change$399,000
2020-05-26Listed for sale$400,000

For Sale by Agent

AgentFahri Olgundeney
BrokerageCompass RE Texas, LLC

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