Skip To Content

401 N Polk Street

Dallas, TX 75208
  • $594,000
  • STATUS: Active
  • ON SITE: 249 Days
  • MLS #: 20404763
$594,000
  • 5
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Sean Ray of Bennett Realty: 214-808-1119.

Description

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.

Monthly Payment Calculator



© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Ford Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Ford Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-03T23:43:32.373.
www.teamforddfw.com/homes/142328603
Print Image

401 N Polk Street Dallas, TX 75208

  • Price: $594,000
  • Status: Active
  • On Site: 249 Days
  • MLS #: 20404763
5
Beds
3
Baths
0
½ Baths
0.12
Acres
1923
Built
Neighborhood:
George J Bryans Rev
County:
Dallas
Area:
Dallas
Elementary School:
Rosemont
High School:
Sunset
School District:
Dallas ISD
Property Description
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.
Exterior Features

Construction Frame Fencing Back YardFencedGateWood Foundation Pillar/Post/Pier Parking Or Garage Concrete Parking Spaces 6 Pool On Property No Roof Composition

Interior Features

Appliances DishwasherGas CooktopGas Oven Cooling Ceiling Fan(s)Central AirElectric Flooring Wood Handicap YN No Heating CentralNatural Gas Interior Features Flat Screen WiringGranite CountersHigh Speed Internet AvailablePantry

Property Features

Building Area Source Public Records Building Area Total 2352.00 Complex Name N/A Construction Status Preowned Gross Annual Expenses 8400.00 Gross Annual Income 91000.00 HOA None Insurance Expense 2000 Levels Two List MLSProvider Collin County Association Of Realtors Listing Terms 1031 ExchangeCashConventionalFHAFHA-203KVA Loan Municipal Utility District No Net Operation Income 80600 Possession Closing/Funding Property Type Duplex Senior Community No Unexempt Taxes 11303 Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Ford Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Ford Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-03T23:43:32.373.
 
https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20404763-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20404763-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20404763-2.jpg
Logo
Team Ford Realtors
700 Central Exp, Suite 400
Allen TX, 75013
Offered by Sean Ray of Bennett Realty: 214-808-1119.