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For Sale

REO Sale: Wexford Townhomes | 122-Units

600 Wembley Circle,
Duncanville, TX 75137
Represented by
Colliers

Asset Snapshot

Garden
Multifamily Subtype
1984
Year Built
2016
Year Renovated
2
Floor Count
18
Building Count
302
Parking Spots
122 Units
Unit Count
0 SF
Average Unit Size
89%
Occupancy

Offering Summary

Call for Offers: September 17, 2026

Investment Highlights

  • Priced Well Below Dallas Replacement Cost: Acquisition basis sits meaningfully below the cost to build comparable new product in Dallas.
  • Four-Point Value-Add Program Lifts Rents: Granite countertops, stainless appliances, backsplash, and lighting drive rent premiums.
  • Large Townhome Units With Private Garages: Units average 1,084 SF with private attached garages, well above typical Dallas comps.
  • Excellent Condition Frees Capital For Upside: Well-maintained units let new ownership direct capital toward revenue-generating upgrades.
  • Dallas Trending Toward Next U.S. Megacity: Dallas is on pace to surpass 10 million residents, becoming the next major U.S. megacity.
  • Minimal New Supply Fuels Multi-Year Growth: No competing supply is scheduled to deliver within 5 miles over the next 36-plus month. 


Offering Summary

Brokered by Colliers and powered by RealINSIGHT Marketplace, Wexford Townhomes is a 122-unit, value-add multifamily community in Dallas, TX. Built in 1984, the property features large townhome-style units averaging 1,084 SF with private attached garages, laminate countertops, hardwood-style flooring, white cabinets, and black appliances, and has maintained a proven track record of strong demand and stable occupancy. In excellent physical condition, Wexford allows new ownership to direct capital toward a targeted renovation program of stainless steel appliances, tile backsplash, upscale lighting, and granite countertops to capture significant rent premiums and position the asset as one of the top options in South Dallas. Priced well below replacement cost for new construction in the market, the offering is further supported by outstanding population growth toward a 10 million-plus megacity, minimal new supply within a 5-mile radius over the next 36-plus months, and projected submarket rent growth of 3.96% annually from 2027 to 2030, a combination that positions new ownership to push top-line revenue while capturing outsized value-add returns.

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