401 N Polk Street, Dallas, Texas 75208

TX, Dallas
$554,000
  • 5 Beds
  • 3 Bath
  • 0.12 Acre
  • Residential Income Property Type
  • 1923 Year Built
  • Canceled Status
Brian Norvell
Brian Norvell Norvell & Co Real Estate
  • +1 214 991 0368
  • NorvellRealEstate@gmail.com
Property Description

This airbnb home has been updated to modern standards that allows it to be a cash cow on airbnb. Since 2020 this home has brought in $291,000 in revenue. It can be sold as is to keep the listing and airbnb going or it can be put back on the market as a two separate unit rental. Either way the home is in a high demand area and has had all the heavy lifting items taken care of such as the flooring, many electrical and plumbing upgrades. There is a private entrance to the upstairs if you want to split the leases.
The owner upgraded the home in many ways but the one thing that really makes this property succeed is the location. It is only minutes away from the fastest growing area in Dallas right now. Bishop Arts is pulling in all sorts of people that are willing to pay a high rent to be close to the action. Here is your chance to get into a Muti family in this hot area for a competitive price.
Look up house hacking and you will see this home is perfect for that strategy.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 20404763
  • Price: $554,000
  • Bedrooms: 5
  • Bathrooms: 3
  • Year Built: 1923
  • Lot Area: 0.12 Acre
  • Listing Status: Canceled
  • Office Name: Dream Team Leasing and Realty
  • Agent Name: Sean Ray
  • Full Bathrooms: 3
  • Property Sub Type: Duplex
  • Roof: Composition
Features
  • Swimming Pool None
  • Heating System Central,Natural Gas
  • Cooling System Central Air,Ceiling Fan(s),Electric
  • Fence Fenced,Wood,Back Yard,Gate
  • Parking Concrete
  • Utilities Sewer Available,Water Available
  • Flooring Wood
  • Interior Features High Speed Internet,Pantry,Granite Counters,Wired for Sound
  • Sewer Public Sewer
Appliances
  • Dishwasher
  • Gas Cooktop
  • Gas Oven
Address Map
  • Country US
  • State TX
  • County Dallas
  • City Dallas
  • Zipcode 75208
  • Street: Polk
  • Street Number: 401
  • Street Suffix: Street
  • Directions: From Davis drive South on Polk and it is on the West side of the street.
  • Street Dir Prefix: N
Neighborhood
  • Elementary School: Rosemont
  • Elementary School District: Dallas ISD
  • High School: Sunset
  • High School District: Dallas ISD
  • Middle Or Junior School District: Dallas ISD
  • Middle School: Greiner
Additional Information
  • Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20404763
  • Water Source: Public
  • Building Size: 2352
  • Construction Materials: Frame
  • Foundation Details: Pillar/Post/Pier
  • Levels: Two
  • Number Of Units Total: 2
  • Previous Price: 559000
  • Stories: 2
Financial
  • Tax Annual Amount: 11303.0
Listing Information
  • List Agent Mls Id: 0631736
  • List Office Mls Id: DTLR01C
  • Listing Term: Cash,Conventional,1031 Exchange,FHA 203(k),FHA,VA Loan
  • Mls Status: Canceled
  • Modification Timestamp: 2024-07-22T23:34:47Z
  • Originating System Name: NTR
  • Special Listing Conditions: Standard
  • Status Change Timestamp: 2024-07-22T18:34:36Z
MLS On The Fly

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