A 1-0 rate buydown is available through our preferred lender, lowering the buyer's interest rate for the first year of the loan. Pair that with two structures on one corner lot in Dallas, no HOA, and a garage apartment with accessory dwelling unit potential, and the numbers start to look very different. The front house is a 1942 cottage with original hardwood floors through most of the home, vinyl plank in the bathroom, and a metal roof about eight years old. The kitchen is the one room waiting on a renovation, so the next owner sets the finish level and the budget. Behind a tall metal privacy fence sits the second structure, a two story garage apartment. Downstairs is a three car side entry garage with its own bathroom. Upstairs has a full kitchen, a bathroom, a closet, and one large open living area ready to be divided into bedrooms. That roof was replaced about a year ago. A retired commercial freezer in the yard now works as an oversized storage shed. The layout lends itself to rental income potential, a live in one and rent the other setup, a workshop, a studio, or guest quarters. Both roofs are handled, the corner lot gives easy access to the back structure, there are three covered parking spaces, and the property runs on city water and sewer. Located in Pecan Heights in Southeast Dallas within Dallas ISD, with Silberstein Elementary, Ann Richards Middle, and Skyline High School. Interstate 30 and Loop 12 are close, and downtown Dallas is a short drive west. Sold as is and priced to reflect the kitchen and finish work ahead. Buyer to verify square footage of the rear structure and all permitted uses with the City of Dallas. A Dallas corner lot with a second structure, ADU potential, no HOA, and a lower first year rate is a rare starting point at this price.
Listing courtesy of Christina Money from The Platinum Group RE, LLC. Contact: 817-341-6156

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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