Selected for the Terner Labs Housing Venture Lab

5102 & 5104 Philip Avenue, Dallas, TX 75223

Active
Listed 65 days ago
Owner-Occupant Eligible
$760,000

About $2,679 a month to live here, after the rent from the other home.

Duplex3,790 sqft6 beds6 bathsListed Sep 8, 2026

A duplex. Live in one home and rent out the other. How it works

Live here for about

$2,679a month

The other home rents for $3,200. We hold back $480 of that for repairs and an empty month, and the rest goes toward a $5,399 monthly payment.

Income to qualify: about $122,000 a year

With how much down?

At 20% down ($152,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $105,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$26,600 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Luxury living at affordable prices! Just minutes from Downtown Dallas! This is not your builder grade home - this beautifully crafted new construction duplex offers 1,895 square feet, 3 bedrooms, 2.5 bathrooms, and a 2-car garage per side. Featuring 10-foot ceilings, 8-foot doors, wood beam accents and an open-concept floor plan filled with natural light. The chef-inspired kitchen is the centerpiece of the home, showcasing a striking architectural arch, custom wood cabinetry, quartz countertops and stainless steel appliances. The spacious living area features a stunning organic modern fireplace, creating a warm atmosphere. A primary suite, complete with a large walk-in closet and floor-to-ceiling designer tile. The perfect blend of luxury, functionality, and investment potential. A sodded lush green yard and an oversized backyard with an 8-foot privacy fence, offering plenty of room for entertaining, pets, or future outdoor living projects. Positioned just minutes from downtown Dallas with immediate access to Interstate 30, this location offers an easy commute while placing you close to the city's best dining, entertainment, and employment centers. Experience exciting revitalization and continued growth, an excellent opportunity for homeowners and investors alike to build long-term equity. Enjoy the look and feel of luxury living while taking advantage of pricing that offers exceptional value compared to neighboring Mount Auburn and Old East Dallas making this one of the best opportunities to own new construction in a rapidly appreciating Dallas neighborhood! Rent it, sit back and let the equity build! Each side should rent for ~$3200 per month. Schedule your showing today! Offering $10,000 incentives.

Duplex

Property Type

8,756 sqft

Lot Size

2026

Year Built

Listing Date: 09/08/2026

Listed by: Kelly Aldridge

Listing office: Allie Beth Allman & Assoc.

Source: NTREIS #21371852

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$760,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$760,000
Your Down Payment$152,000
Financed$608,000
Estimated Monthly Payment$5,399

Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($152,000) and 5.6%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,399/month
Principal + Interest
$3,490
Property Taxes
$1,323
Home Insurance
$586
Rental Income (1 Unit)
$3,200/month

From the listing description.

Rental Expenses
-$480
Cost to live here
$2,679/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

NTREIS logo

MLS# 21371852 · Listing office: Allie Beth Allman & Assoc.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.