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$305,000

1227 Wilbur Street

Dallas, TX 75224

Elmwood

MLS #: 21418056

NTREISListing courtesy of Shayne Hickey, TREC License #0750298, Texas Ally Real Estate Group.

5beds
2baths
1,832sqft
0.18acres

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About This Home

Just minutes from the vibrant Bishop Arts District, this versatile property offers a rare combination of space, flexibility, and income potential. Featuring a spacious 5-bedroom, 2-bathroom main home and a detached approximately 400-square-foot accessory dwelling unit (ADU), this property presents an excellent opportunity for investors, multigenerational living, or owner-occupants looking to offset housing costs with supplemental rental income. The two-story main home offers a flexible floor plan with 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, complete with its own full kitchen and bathroom. Whether used as a rental, private guest suite, multigenerational living space, home office, or studio, this additional living space provides exceptional flexibility and potential. 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 prime location just minutes from the restaurants, shopping, nightlife, and entertainment of Bishop Arts, this property offers a unique combination of lifestyle and investment opportunities. Washer, dryer, and refrigerator are negotiable with an acceptable offer. Buyer to independently verify rental potential, permitted uses, and applicable restrictions.

Facts & Features

Year Built1937
Property TypeSingle Family Residence
HOANo
CountyDallas

Schools

ElementaryHenderson
Middle SchoolZan Wesley Holmes
High SchoolKimball

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Listing data last updated Oct 24, 2026

Listing data last updated Oct 24, 2026