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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1227 Wilbur St , Dallas, TX 75224
$325,000
Est. Payment: $1,825.44/mo
5 Bed
2 Bath
1832 Sqft
0.18 Acres
Status: active | Days on site: 78
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House Description

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.

Highlights

Listed by Shayne Hickey , Texas Ally Real Estate Group , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.18

Year Built

1937

County

Dallas

Neighborhood

Elmwood

School District

Dallas ISD

Listing ID

21340364

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Disposal, Electric Range, Gas Water Heater, Refrigerator
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:
Floor:Carpet,Laminate,Tile
Other:
  • ▪ Additional:Cable TV Available, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan, ADU, Master on Main

Exterior Features

Lot:Interior Lot,Less Than .5 Acre (not Zero)
Roof:Asphalt
Parking Features:Driveway
Principal Interest
$1,825
Taxes
$207

Home Price

$325,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$65,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,825.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,825.44 $207.19 $0.00 $2,032.63
Yearly $21,905.29 $2,486.25 $0.00 $24,391.54
Total $657,158.78 $74,587.50 $0.00 $731,746.28

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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Market insight data is pulled from the same city as the listing being viewed (Dallas, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-11T08:05:48.823Z

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