UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,850 sqft
Price per Sqft $323
Subdivision Taylor & Lowrance
MLS Listing ID 20902856
Bedrooms 3
Full Baths 2
HOA Y/N None
Year Built 1912
Lot Size 8,197 Sqft
Acres 0.1882
Lot Dimensions 50x164
Property Sub-Type Single Family Residence
Property Description
The main home is a tastefully updated showstopper, generating approximately $57,000 annually on Airbnb. From the moment you walk in, you're greeted by an open-concept living space filled with natural light, premium finishes, and modern design touches that blend comfort with elegance. Whether you're hosting short-term guests or enjoying it as your personal residence, this home delivers an unforgettable experience.
In the rear of the property sits a private 1-bedroom, 1-bathroom ADU (Accessory Dwelling Unit), fully equipped with its own entrance, kitchen, and laundry. This versatile space brings in an additional $23,400 annually, making it ideal for extended stays, traveling professionals, or long-term tenants seeking privacy and style.
Located steps from the area's most celebrated restaurants, boutiques, art galleries, and nightlife, this property is a true turnkey investment in one of Dallas' hottest submarkets.
Highlights:
Total projected income: $80,400 per year
Renovated interiors with modern finishes
Separate entrance for ADU with full kitchen & laundry
Prime walkable location in Bishop Arts
Flexible living: live in one, rent the other—or rent both!
Whether you're an investor looking for a high-performing asset or a homeowner wanting to offset your mortgage with rental income, this Bishop Arts beauty checks every box.
Location
State TX
County Dallas
Direction Please put in the address in maps. ADU can be access from the alleyway, do not distub tenants in either unit. Listing agent has to get approval prior to entry.
Rooms
Dining Room 1
Interior
Interior Features Cable TV Available
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Ceramic Tile, Laminate
Fireplaces Number 1
Fireplaces Type Decorative
Appliance Built-in Gas Range, Dishwasher, Disposal, Dryer, Gas Oven, Microwave, Refrigerator, Vented Exhaust Fan
Heat Source Central
Exterior
Utilities Available City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter
Roof Type Shingle
Garage No
Building
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Peeler
Middle Schools Garcia
High Schools Adamson
School District Dallas Isd
Others
Ownership Enrique Castellanos
Acceptable Financing 1031 Exchange, All Inclusive Trust Deed, Assumable
Listing Terms 1031 Exchange, All Inclusive Trust Deed, Assumable
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20902856
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.