1227 Wilbur St, Dallas, TX 75224

$325,000
5
BD
2
BA
1,832
SqFt

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List Price
$325,000
Price Change
▼ $24,000 1789175523
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 versatile property offers a rare combination of space, flexibility, and income potential. The vacant main home was previously leased for $2,100 per month, while the detached approximately 400-square-foot ADU was previously operated as a mid-term rental at $1,400 per month, creating an attractive opportunity for investors or owner-occupants looking to offset housing costs with supplemental income. Buyer to independently verify rental rates, restrictions, and potential. The spacious two-story main home features five bedrooms and two bathrooms with a flexible floor plan that includes three bedrooms downstairs and two upstairs. Thoughtful updates throughout include laminate flooring, fresh interior paint, granite countertops, updated fixtures, and multiple living areas that provide plenty of room for entertaining, working from home, or everyday living. The detached ADU is a standout feature, offering its own full kitchen and bathroom. Use it as a rental, private guest suite, multigenerational living space, home office, or studio—the possibilities are wide open. Major systems have also been updated for added peace of mind, with the roof, HVAC system, water heater, and electrical all approximately five years old. Outside, a spacious deck overlooks the large backyard, creating an inviting setting for weekend barbecues, gatherings, pets, or relaxing evenings outdoors. With a generous lot, updated finishes, multiple living spaces, a detached ADU, and a location just minutes from the restaurants, shopping, nightlife, and entertainment of Bishop Arts, this property delivers flexibility that is increasingly hard to find. 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

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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