This property is a fantastic investment opportunity or an ideal family home, zoned to the highly sought-after Mockingbird Elementary. Currently leased at $8,000 per month through July 31, 2025, it has a proven track record as a reliable income generator. Over the past four years, it has consistently been rented as an income property, with rental rates increasing annually: $6,450 per month in 2021–2022, $7,350 per month in 2022–2023, $7,650 per month in 2023–2024, and $8,000 per month for 2024–2025. Situated on a spacious lot near SMU, this single-family home also includes a private 400-square-foot in-law apartment with a separate entrance. Located near the vibrant M Streets neighborhood, it is just minutes away from shopping, dining, and the bustling areas of Lower Greenville and downtown Dallas. Nearby amenities include Mockingbird Station, Glencoe Park, and the Katy Trail, adding convenience and lifestyle appeal. The main house features beautiful hardwood floors throughout, with two bedrooms and one bathroom on each level. The living room boasts a cozy gas log fireplace, while the kitchen is equipped with stainless steel appliances, a gas oven, and a cooktop. The second floor includes a media room with a 108-inch screen, a workout room, and a study, providing versatile spaces for everyday life. The in-law apartment offers an ideal setup for guests, extended family, or additional rental income. This private space has its own entrance, a full kitchen, a bathroom, and hardwood flooring. Whether you are looking for a high-performing investment property or a family home in a prime location, this property delivers both value and versatility.
