5105 Vandelia St, Dallas, TX 75235

List Price
$1,875,000
MLS#
20949432
Status
ACTIVE
Type
Condo
Subtype
ResidentialIncome
Year Built
1983
Construction Status
Preowned
Bedrooms
10
Full Baths
10
Acres
0.20
County
Dallas
City
Dallas
Subdivision
Cedar Spgs Heights
Building Name
5105 Vandelia

Property Description

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.

Additional Information

Unexempt Taxes
$34,422
Amenities
Fireplace
Lot Size
8,755
Acres
0.20
Lot Description
Corner Lot
Interior Features
Decorative Designer Lighting Fixtures, Multiple Staircases, Cable TV, Wired Audio
Flooring
Tile, Vinyl, Wood
Foundation
Slab
Roof
Composition
Pool Features
None
Fireplaces
5
Fireplace Type
Masonry
Exterior
Private Yard
Garage Spaces
10
Parking Garage
Garage
School District
Dallas Isd
Elementary School
Maplelawn
Middle School
Rusk
High School
North Dallas
Possession
CloseOfEscrow
Possession
CloseOfEscrow

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jacob Stevenson from Compass RE Texas, LLC.. Contact: 469-367-2655