Price Reduction
Listed By:
Texas Ally Real Estate Group
Address
1227 Wilbur Street, Dallas, TX
Price
$ 325,000
Property Attributes
  • MLS#21340364
  • TypeSingle Family
  • Listing Status Active
  • CountyDALLAS
  • CityDallas
  • NeighborhoodElmwood
  • Zip75224
  • StyleTraditional
  • Year Built1937
  • Price$ 325,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1832
  • Lot Size0.18 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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.

Elementary School
Henderson Elementary School
Price History
7/25/2026 Listed $349,000
9/11/2026 7$325,000

General Features

Heating Central
Cooling Ceiling Fan(s),Central Air
Utilities City Water,Electricity Available,Individual Gas Meter,Natural Gas Available
Possession Closing/Funding
Roof Asphalt
Appliances Dishwasher,Disposal,Electric Range,Gas Water Heater,Refrigerator
Easements None
School District Dallas ISD
Year Built 1937
Architectural Style Traditional
Levels Two
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Elmwood
Transaction Type For Sale
County Dallas
Property Type Residential
Construction Materials Siding
Accessory Unit Type Accessory Dwelling Unit (ADU)
Accessory Unit Y/N Yes
HOA Type None
Full Baths 2
Status Active
Directions Please use GPS for best directions!
City Dallas
Elementary School Name Henderson
High School Kimball
Elementary School Henderson
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21340364
Standard Status Active
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan

Interior Features

Interior Features Cable TV Available,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Open Floorplan
Flooring Carpet,Laminate,Tile
Dining Areas 1
Living Areas 1
Room Count 9
Lock Box Type SentriLock
Total Bedrooms 5
Total Baths 2
Laundry Features In Kitchen,Full Size W/D Area

Exterior Features

Lot Features Interior Lot
Fencing Wood
Parking Features Driveway
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Lot Size Area 0.1800
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 7840.8000
Lot Size Acres 0.1800
Patio And Porch Features Deck

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 75224

Price
AVG $350K
$330K
Year Built
AVG 1954
1937
Visits
AVG 141
90
Data Provided by Inside Real Estate®

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