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Dalton Wade Real Estate
12517 Hornbeam Dr, Dallas, TX 75243
- $395,000
- 6
- BD
- 4
- BA
- List Price
- $395,000
- MLS#
- 21378183
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1977
- Construction Status
- Preowned
- Bedrooms
- 6
- Full Baths
- 4
- Acres
- 0.30
- County
- Dallas
- City
- Dallas
- Subdivision
- Richland Mdws Add
- Building Name
- Whispering Hills
Property Description
FIXER UPPER DUPLEX. Cash-flowing from day one! Future Airbnb potential. No HOA, priced under market value for a quick sale. Calling all Investors: Instant equity with immediate income! This rare, full-sized duplex at 12517 Hornbeam Drive offers an incredible opportunity to build instant equity while collecting rent. Spanning a massive 3,416 sq. ft. with a highly desirable 6-bedroom, 4-bathroom footprint (ideal 3 bed, 2 bath layout per side), the property is currently tenant-occupied and bringing in $2,900 per month in gross rent. Priced aggressively for a fast sale, this property boasts massive upside. Collect your immediate income while planning your cosmetic rehab to force appreciation. Whether you are looking to flip for a solid margin (estimated ARV in the high $500s) or hold and bump the current below-market rents to create a lucrative cash-flow machine (projected market rents of $5,000+ per month), the numbers make sense. Please do not disturb tenants. Showings require 24-hour notice (or showings granted with an accepted offer). No blind offers. Proof of funds required with all offers. Seller will not make any repairs. Property Highlights: Immediate Income: Currently generating $2,900 a month, allowing you to cash-flow from day one while you plan your updates. Massive Footprint: 3,416 sq. ft. of living space offering generously sized rooms and living areas. Value-Add Canvas: Needs TLC and cosmetic rehab—perfect for forcing appreciation and eventually raising rents to the $5,000+ per month market rate. Prime Location: Conveniently tucked away while offering immediate access to I-635, US-75, Texas Instruments, and major North Dallas employment hubs. Properties with this much upside and built-in cash flow do not last long in today’s market. Sold strictly AS-IS. Cash, hard money, or conventional portfolio loans preferred. Don't miss out on this equity-builder—schedule your showing today!
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Additional Information
- Unexempt Taxes
- $9,767
- Amenities
- Fireplace
- Lot Dimensions
- 90x145
- Lot Size
- 12,980
- Acres
- 0.30
- Lot Description
- Irregular Lot
- Interior Features
- High Speed Internet, Cable TV, Walk-In Closet(s)
- Flooring
- Carpet, Tile
- Foundation
- Slab
- Roof
- Composition, Shingle
- Stories
- 1
- Pool Features
- None
- Fireplaces
- 2
- Fireplace Type
- Living Room
- Garage Spaces
- 4
- Parking Garage
- Garage, Garage Door Opener
- School District
- Richardson Isd
- Elementary School
- Forestridge
- Middle School
- Liberty
- High School
- Berkner
- Possession
- CloseOfEscrow
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Listing courtesy of Wister Wong from Grand Ark LLC. Contact: 214-396-4300
Listing 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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