Property
Beds
6
Full Baths
4
1/2 Baths
None
Year Built
1977
Sq.Footage
3,416
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!
Features & Amenities
Interior
-
Other Interior Features
Walk-In Closet(s), High Speed Internet
-
Total Bedrooms
6
-
Bathrooms
4
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Wood Siding, Brick, Frame
-
Parking
Garage, Garage Door Opener, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Interior Lot
-
Lot Size(acres)
0.298
-
Lot Size(square feet)
12,980
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$375,000
-
Tax Amount
$9,767
-
Financing Options
1031 Exchange, Cash, FHA
-
Sq. Footage
3,416
-
Price/SqFt
$109
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
Forestridge
-
Middle School
Liberty
-
High School
Berkner
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
20
-
Water Source
Public
Schedule a Showing
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Location
County
Dallas
Elementary School
Forestridge
Middle School
Liberty
High School
Berkner
Listing Courtesy of Wister Wong, Grand Ark LLC
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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