About This Home

This 5-bedroom, 2-bathroom single family at 1227 Wilbur Street in Dallas, TX is listed for $305,000 ($166 per sqft). Built in 1937, the home offers 1,832 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1937
  • 0.18 acre lot
  • 2 stories

Property Details

2 stories
2 full
1937

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$1,631/mo

20% down · 6.5% · 30 years

Principal$221
Interest$1,322
Insurance$89

Estimates only. Actual payments may vary.

Location

1227 Wilbur Street

Dallas, TX 75224

Elmwood

Features & Amenities

Interior Features

EatInKitchenGraniteCountersHighSpeedInternetOpenFloorplanCableTv

Property Details

Flooring

LaminateCarpetTile

Parking

Driveway

Heating

Central

Cooling

Central AirCeiling Fan(s)

Appliances

DishwasherElectricRangeDisposalGasWaterHeaterRefrigerator

Questions & Answers

This 5-bedroom, 2-bathroom single family at 1227 Wilbur Street is listed at $305,000 ($166/sqft). The estimated monthly payment is $1,631 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1937, 0.18 acre lot, 2 stories. Interior Features: EatInKitchen, GraniteCounters, HighSpeedInternet.

This property is listed by Shayne Hickey.

SH

Shayne Hickey

Agent at Texas Ally Real Estate Group

Listed by Texas Ally Real Estate Group · Broker phone: (512) 763-2559 · View on Broker Site · Broker website

MLS# 21418056· Source: North Texas Real Estate Information Systems, Inc.· 1 day on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1227 Wilbur Street, Dallas, TX 75224

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