Property Description

Home & apartment! No major issues, Move right in or complete easy cosmetic flip! NEW HVACS, NEW WATER HEATERS - NEW TILED ROOF. Once-in-an-era opportunity on LARGE LOT .281 acre lot estate w. 2 solid homes on 1 lot. Separate Apartment to be used as rental revenue or living quarters w.back alley access & parking pad for Separate Entry. No restrictions, No HOA. Next to the Dallas Arboretum Botanical Garden & Lakewood, intimate luxury hub directly off White Rock Lake. Neighbors often keep their real estate & pass down for generational wealth, spending no expense to tear down existing structures to rebuild or completely renovate, the sky is the limit! Deep-wide lot, left-right neighbors have completely rebuilt. Feel the lake breeze everyday & enjoy walking to local businesses, food and lake. Roof is Gauge Steel Core Zincalume Class 4 hail impact & 120 mph Wind Resistance, A Fire Rating, 50 Year Warranty, WELL MAINTAINED. Exterior offers Good Thick Grass, Mature Magnolia Tree, 2 Storage Buildings, space for side courtyard, Privacy fencing. 2inch good condition real wood flooring throughout-no carpet, lots of windows in every section of the home & Wide hallways. Main home offers: 1 Fireplace, 2 beds, 2 livings, 1 large bonus room, 2 dining, 1 kitchen w.gas cooktop-double over-double pantry, 2 full size garage. Apartment offers: NEW ROOF-HVAC, 1 bed, 1 kitchen, 1 full bath, storage & private parking pad w.double gate & walkway to access alley allowing for back home to come & go as they please, without disturbing primary home lifestyle. Not too far from Dallas Academy, St. John's Episcopal School, St. Bernard of Clairvaux School, Lakehill Preparatory School, First Baptist Academy, Bishop Lynch High School. Return on investment varies on level of completion REO: $1.4mil+, Rebuild REO: $1.9mil+

Property Features

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