Highland Park Townhomes 3 Properties in Dallas, TX
INVESTMENT HIGHLIGHTS
- Premier Location & Affluent Demographics: Median Household Income of $250,000+ and Average Home Value of $2,640,000
- Proximity to Dallas’ Major Employment Hubs and Retail
- Strong Historical Appreciation & Resale Value
- Located within walking distance to top ranked Highland Park High School (A+ rated) and Southern Methodist University
- High Barrier to Entry & Limited Rental Supply
- Value-Add Potential via Organic Rent Growth and Interior Upgrades
EXECUTIVE SUMMARY
Colliers is proud to present The Highland Park Townhomes, a 6-unit townhome portfolio located in Highland Park, Texas, one of the most sought-after rental markets in the United States. This portfolio consists of four contiguous townhomes located at 4149 Grassmere Ln (Units #1-4), a single townhome located at 4524 Emerson Ave (Unit #6), and a single townhome located at 3421 Normandy Ave (Unit #5). The townhomes on Grassmere Ln and Emerson Ave are within walking distance of the top-ranked Highland Park High School (A+ rated), while the townhome on Normandy Ave offers convenient access to Southern Methodist University (SMU), which reported a 2024 enrollment of 12,116 students. The Highland Park submarket boasts a median household income exceeding $250,000 and an average home value of $2,640,000, making renting an attractive and affordable option for families seeking access to the exceptional school system. Additionally, this portfolio offers convenient proximity to Dallas' major employment hubs, premier retail destinations such as Highland Park Village, and Dallas Love Field Airport. Highland Park’s high barrier to entry and limited rental supply contribute to strong, sustained demand for rental properties. The area’s historical appreciation and exceptional resale value further enhance its investment appeal. Additionally, this portfolio presents value-add potential through organic rent growth and interior upgrades, making it a compelling opportunity for investors seeking stability and upside in one of the most prestigious submarkets in the country.
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PROPERTY FACTS
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 4524 Emerson Ave, Dallas, TX 75205 | Flex Condo | 1,865 SF | 2007 | - |
| 4149 Grassmere Ln, Dallas, TX 75205 | Multifamily | 7,144 SF | 2007 | - |
| 3421 Normandy Ave, Dallas, TX 75205 | Retail Condo | 2,141 SF | 2006 | - |
