401 N Polk Street Dallas, TX $ 594,000
401 N Polk Street
$ 594,000
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401 N Polk Street

Dallas, TX, 75208
$ 594,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 4,149

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Multi-Family Home for sale in Dallas, TX

for $594,000 with 5 bedrooms and 3 full baths. This home was built in 1923 on a lot size of 0.117.

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.

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Multi-Family Active

Price

$ 594,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,303

Style

Duplex

Lot Size

0.117

Year Built

1923

Town/City

Dallas

County/Region

Dallas

MLS | Web ID

20404763

Features
Interior
Interior Features Flat Screen Wiring Granite Counters High Speed Internet Available Pantry
Flooring Wood
Occupancy Rate 100
Total Units 2
Full Baths 3
Street Suffix Street
Total Bedrooms 5
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General
Heating Central Natural Gas
Complex Name N/A
Cooling Ceiling Fan(s) Central Air Electric
Utilities City Sewer City Water
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Gas Cooktop Gas Oven
School District Dallas ISD
Pool Y/N 0
Year Built 1923
Levels Two
Property SubType Duplex
Subdivision Name George J Bryans Rev
Occupant Type Tenant
County Dallas
Property Type Residential Income
Construction Materials Frame
Year Built Details Preowned
HOA Type None
# of Buildings 2
Status Active
Directions From Davis drive South on Polk and it is on the West side of the street.
City Dallas
Buyer Agent Compensation 3%
Elementary School Name Rosemont
High School Sunset
Street Name Polk
Elementary School Rosemont
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Fencing Back Yard Fenced Gate Wood
Parking Features Concrete
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Building Area Total 2352.00
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Internal Only
Street Number 1 401
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* Excluded Features
List By
Sean Ray

Listing Agent

Dream Team Leasing And Realty

Broker

Affordability Calculator

$5,091
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,149
Monthly Property Taxes
$942
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
287207 Elementary School
286523 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2023$594,000 -0.83% Price Down
9/11/2023$599,000 -3.39% Price Down
8/10/2023$620,000 Listed Price

Map


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401 N Polk Street, Dallas, TX, 75208 is a Multi-Family Home for sale at $594,000 with a lot size of 0.117. 401 N Polk Street has 5 bedrooms, 3.0 baths, and was built in 1923. The property's zip code is 75208 which is in Dallas, TX