1227 Wilbur St, Dallas, TX 75224

$349,000
5
BD
2
BA
1,832
SqFt

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List Price
$349,000
MLS#
21340364
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional, Detached
Year Built
1937
Bedrooms
5
Full Baths
2
Acres
0.18
Living Area
1,832
County
Dallas
City
Dallas
Subdivision
Elmwood
Number of Stories
2
Architecture Style
Traditional, Detached

Property Description

Just minutes from the vibrant Bishop Arts District, this unique property offers exceptional flexibility and income potential. The vacant main home was previously leased for $2,100 per month, while the detached approximately 400-square-foot ADU is currently tenant occupied at $1,400 per month, making this an outstanding opportunity for investors or owner-occupants seeking supplemental income (buyer to independently verify rental potential). The spacious two-story main home features five bedrooms and two bathrooms, with a functional floor plan offering three bedrooms downstairs and two upstairs. Thoughtful updates throughout include laminate flooring, fresh paint, granite countertops, modern fixtures, and more. Multiple living spaces provide plenty of room for everyday living, entertaining, or working from home. The detached ADU includes its own full kitchen and bathroom, making it ideal for continued rental income, multigenerational living, extended guests, or a private home office. For peace of mind, roof, HVAC, water heater and electrical are all 5 years old. Step outside to a spacious deck overlooking the large backyard, creating the perfect setting for weekend barbecues, family gatherings, or relaxing evenings outdoors. With its generous lot, flexible living arrangements, updated finishes, and location just minutes from the dining, shopping, and entertainment of Bishop Arts, this property offers a rare combination of lifestyle, versatility, and investment potential. Washer, dryer, and refrigerator are negotiable with an acceptable offer.

Additional Information

Lot Size
7,840
Acres
0.18
Lot Description
Irregular Lot
Interior Features
Eat-In Kitchen, Granite Counters, High Speed Internet, Open Floor Plan, Cable TV
Flooring
Carpet, Laminate, Tile
Foundation
Pillar/Post/Pier
Roof
Asphalt
Stories
2
Pool Features
None
Parking Garage
Driveway
School District
Dallas Isd
Elementary School
Henderson
Middle School
Zan Wesley Holmes
High School
Kimball
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Shayne Hickey from Texas Ally Real Estate Group. Contact: 469-219-9767