1227 Wilbur Street
Dallas, TX, 75224 $ 325,000
Bedrooms5 Baths2.0 Sq 1,832 Monthly Estimate*
$ 2,245
for $325,000 with 5 bedrooms and 2 full baths. This 1,832 square foot home was built in 1937 on a lot size of 0.18.
SELLER IS OFFERING UP TO $7,500 IN SELLER CONCESSIONS TO BE APPLIED TOWARD BUYER CLOSING COSTS AND OR AN INTEREST RATE BUY-DOWN.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.
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FeaturesInteriorInterior Features Cable TV Available Eat-in Kitchen Granite Counters High Speed Internet Available Open Floorplan
Flooring Carpet Laminate Tile
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 5
Total Baths 2
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GeneralHeating 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
Number of Garage Spaces 0
School District Dallas ISD
Pool Y/N 0
Year Built 1937
Architectural Style Traditional
Levels Two
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 Y
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
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional FHA VA Loan
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ExteriorWaterfront 0
Lot Features Interior Lot
Fencing Wood
Parking Features Driveway
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Structural Style Single Detached
Garage Y/N 0
Attached Garage Y/N 0
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* Excluded FeaturesList ByShayne HickeyListing Agent
Texas Ally Real Estate GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,245
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Dallas, TX
Average List Price $909,027
Percent of Sale Price 180%
About Dallas, TX 1,325,420 Population
11% Since 2002
$ 49,155 Median Income
34.63 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
3941905 Elementary School
286523 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/11/2026 | $325,000 | -6.88% | Price Down |
| 7/25/2026 | $349,000 | | Listed Price |