3821 Munger | 3821 Munger Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
3821 Munger 3821 Munger Ave
5 Unit Apartment Building $2,950,000 ($590,000/Unit) 6% Cap Rate Dallas, TX 75204
INVESTMENT HIGHLIGHTS
- The new townhomes at 3821 Munger Ave provide an exceptional, cash-flowing investment that combines style, space, and a prime East Dallas location.
- Stunning, expansive rooftop decks are the jewel of each unit, offering beautiful direct views of Downtown Dallas.
- The townhomes are easily accessible via nearby I-345, I-35, I-30, and Highway 75, with the CityPlace DART Station offering public transit options.
- The 2-bed, 2.5-bath units boast hardwood flooring, Calacatta quartz counters, stainless steel appliances, spacious bedrooms, and an enclosed backyard.
- Residents can walk to national retail locations, including Walmart, Target, Kroger, LA Fitness, Whataburger, Starbucks, Taco Bell, and more.
EXECUTIVE SUMMARY
Rogers Healy and Associates are pleased to exclusively present the opportunity to acquire a five-unit townhouse project in a prime location in East Dallas at 3821 Munger Avenue. With a robust going-in NOI and substantial lease upside, this is the perfect opportunity for an investor looking for a high-yield, low-risk acquisition.
This remarkable new construction offers five townhomes featuring two bedrooms, two-and-a-half baths each, and an inviting blend of contemporary and modern luxury. Inside, the property attracts tenants with an open floor plan with spacious rooms, all hardwood flooring, and Calacatta quartz countertops in a beautifully designed kitchen complete with a modern backsplash, elegant ironwork in the living area, and premium stainless-steel appliances. Each bathroom, including the half bath, showcases stylish tile work, adding a sophisticated touch to the home’s design. Both bedrooms offer generous space and comfort, while the private, enclosed backyard provides an ideal retreat. The showstopper is the expansive rooftop deck on the third level, offering a stunning, direct view of Downtown Dallas—perfect for entertaining or relaxing.
Situated in the vibrant heart of East Dallas, 3821 Munger Avenue benefits from a highly accessible location just minutes from the inner loop. It has easy connections to Interstates 30, 35, and 345, as well as Highway 75. The newly constructed residences are walkable to several lush parks, including Exall Park, Griggs Park, and J.W. Ray Park. Quality shopping and dining amenities within a short walk of the townhomes include national brands such as Walmart Neighborhood Market, Target, Kroger, LA Fitness, Whataburger, Starbucks, Taco Bell, and more.
East Dallas residents love the area’s charming historic architecture, mature trees, friendly neighbors, and walkable neighborhoods. Residents have convenient access to Downtown Dallas, located just two miles south. Getting around this pedestrian-friendly neighborhood is easy with the DART blue and red lines and the M-Line streetcar.
Don’t miss out on this incredible property at 3821 Munger Avenue, which combines style, space, and a prime East Dallas location.
This remarkable new construction offers five townhomes featuring two bedrooms, two-and-a-half baths each, and an inviting blend of contemporary and modern luxury. Inside, the property attracts tenants with an open floor plan with spacious rooms, all hardwood flooring, and Calacatta quartz countertops in a beautifully designed kitchen complete with a modern backsplash, elegant ironwork in the living area, and premium stainless-steel appliances. Each bathroom, including the half bath, showcases stylish tile work, adding a sophisticated touch to the home’s design. Both bedrooms offer generous space and comfort, while the private, enclosed backyard provides an ideal retreat. The showstopper is the expansive rooftop deck on the third level, offering a stunning, direct view of Downtown Dallas—perfect for entertaining or relaxing.
Situated in the vibrant heart of East Dallas, 3821 Munger Avenue benefits from a highly accessible location just minutes from the inner loop. It has easy connections to Interstates 30, 35, and 345, as well as Highway 75. The newly constructed residences are walkable to several lush parks, including Exall Park, Griggs Park, and J.W. Ray Park. Quality shopping and dining amenities within a short walk of the townhomes include national brands such as Walmart Neighborhood Market, Target, Kroger, LA Fitness, Whataburger, Starbucks, Taco Bell, and more.
East Dallas residents love the area’s charming historic architecture, mature trees, friendly neighbors, and walkable neighborhoods. Residents have convenient access to Downtown Dallas, located just two miles south. Getting around this pedestrian-friendly neighborhood is easy with the DART blue and red lines and the M-Line streetcar.
Don’t miss out on this incredible property at 3821 Munger Avenue, which combines style, space, and a prime East Dallas location.
PROPERTY FACTS
| Price | $2,950,000 | Apartment Style | Mid Rise |
| Price Per Unit | $590,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 6% | Building Size | 17,643 SF |
| No. Units | 5 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment |
| Price | $2,950,000 |
| Price Per Unit | $590,000 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 17,643 SF |
| No. Stories | 4 |
| Year Built | 2023 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 5 | $3,625 | 1,751 |
1 of 1
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 00000115660000000 | Improvements Assessment | $183,170 |
| Land Assessment | $406,730 | Total Assessment | $589,900 |
PROPERTY TAXES
Parcel Number
00000115660000000
Land Assessment
$406,730
Improvements Assessment
$183,170
Total Assessment
$589,900
1 of 27
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
3821 Munger | 3821 Munger Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.