1001 Grandview Ave, Dallas, TX 75223

$299,900
: 3
BD
: 2
BA
: 1,662
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $299,900
MLS#: 21262259
Status: ACTIVE
Type: Single Family Residential
Subtype: Residential
Style: Traditional, Detached
Year Built: 1940
Construction Status: Preowned
Bedrooms: 3
Full Baths: 1
Half Baths: 1
Acres: 0.17
Living Area: 1,662
County: Dallas
City: Dallas
Subdivision: Mount Auburn
Number of Stories: 1
Architecture Style: Traditional, Detached

New Search

Property Description

Attention BUILDERS, DEVELOPERS, INVESTORS, and RENOVATION BUYERS! This East Dallas corner lot offers a unique opportunity for renovation, redevelopment, or potential duplex development. Situated on a large 50’ x 145’ lot totaling approximately 7,267 SF, the property is located in a Planned Development District, offering potential flexibility for future use. The existing home features 3 bedrooms, 1.5 baths, high ceilings, brick exterior, laundry room, and flex room, with possible conversion to 2 full baths. Buyers may explore a full remodel within the existing footprint, with an estimated ARV of approximately $450K–$490K depending on scope, layout, finish level, and market conditions. The property also includes a second structure of approximately 880 SF, offering potential for renovation as an ADU, workshop, studio, guest quarters, home office, creative space, or additional storage. Given the corner lot configuration and multiple duplex-style properties in the neighborhood, the site may also offer potential for a new duplex project, subject to zoning, permitting, design, and city approval. A completed duplex product could potentially achieve approximately $500K per side, depending on final size, design, finishes, parking, and market conditions. Minutes from Lower Greenville, Knox-Henderson, Deep Ellum, White Rock Lake, Lakewood, the Santa Fe Trail, and Downtown Dallas. Property is sold as-is and priced accordingly. Buyer and buyer’s agent to verify zoning, square footage, development potential, ADU-guest quarters use, permitting requirements, and city restrictions.

214-216-2161

Search All Properties

Additional Information