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Cindy Dunnican

cindy@thedunnicanteam.com +1(972) 679-1789

$ 325,000

Est. payment -/mo

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Active

1227 Wilbur Street Dallas, TX 75224

5 Beds

2 Baths

1,832 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,832 sqft

Subdivision Elmwood

MLS Listing ID 21340364

Style Traditional

Bedrooms 5

Full Baths 2

HOA Y/N None

Year Built 1937

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

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.

Location

State TX

County Dallas

Direction Please use GPS for best directions!

Rooms

Dining Room 1

Interior

Interior Features Cable TV Available, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Laminate, Tile

Appliance Dishwasher, Disposal, Electric Range, Gas Water Heater, Refrigerator

Heat Source Central

Laundry In Kitchen, Full Size W/D Area

Exterior

Fence Wood

Utilities Available City Water, Electricity Available, Individual Gas Meter, Natural Gas Available

Roof Type Asphalt

Garage No

Building

Lot Description Interior Lot

Story Two

Foundation Pillar/Post/Pier

Level or Stories Two

Structure Type Siding

Schools

Elementary Schools Henderson

Middle Schools Zan Wesley Holmes

High Schools Kimball

School District Dallas Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21340364

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Shayne Hickey • Texas Ally Real Estate Group

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

+1(972) 679-1789

cindy@thedunnicanteam.com

https://www.thedunnicanteam.com/

2555 Ridge Road Suite 144, Rockwall, TX 75087