# 2308 Britton Drive, Dallas, TX 75216

> **TL;DR:** 6bd/5ba multi-family, $499,000 ($191/sqft), built 1925, 2,617 sqft.
> A/C. Est. $2,669/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $499,000 |
| Price/sqft | $191 |
| Bedrooms | 6 |
| Bathrooms | 5 full |
| Square Feet | 2,617 |
| Year Built | 1925 |
| Lot Size | 8,843 sqft (0.20 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,523 |
| Estimated Insurance | $146 |
| **Total** | **$2,669** |

## Nearby Schools

- **Elementary:** Miller
- **Middle:** Oliver Wendell Holmes
- **High:** Roosevelt

## Key Amenities

- A/C

## Property Highlights

- Built in 1925
- 0.20 acre lot
- 2 stories
- 4 parking spaces

## Description

### Agent Description
This exceptional Dallas multifamily investment opportunity at 2308 Britton Avenue is priced to clear the market at a highly attractive $499,000, breaking the critical sub-$100k price-per-door barrier while delivering powerful, immediate cash flow. The unique property configuration features a main fourplex containing four separate 1-bedroom units , alongside a completely detached 2-bedroom, 1-bathroom single-family house situated at the back of the lot. The entire property benefits from a comprehensive $125,000 renovation in 2023 consisting of new paint, flooring, cosmetics, brand-new mini-splits in Units 1 and 2, and brand-new central HVAC systems in Units 3, 4, and 5. Investor flexibility is maximized as all current leases are strictly month-to-month, and the property is delivered with Unit 1 and Unit 4 completely vacant, allowing a buyer to immediately lease them out at top-of-market rental rates to maximize the building's true yield potential. The current income stream on this asset is remarkably strong, with Unit 2 occupied at $1,200 per month, Unit 3 leased at a steady $1,150 per month, and the detached back house (Unit 5) pulling $1,575 per month. While the property was previously operated as a Airbnb, it has since been transitioned away from short-term rentals, though the underlying infrastructure remains perfectly optimized for a buyer wanting to re-enter that lucrative short-term or mid-term travel nurse housing space. Furthermore, a massive, built-in value-add opportunity exists because the landlord currently covers utility expenses; by simply implementing a Ratio Utility Billing System (RUBS) or passing these metered utility costs back to the month-to-month tenants, an incoming owner can instantly eliminate a major operational expense line item and force the net operating income and cap rate straight upward without spending a single dollar on physical renovations.

## Location

- **Address:** 2308 Britton Drive, Dallas, TX 75216
- **County:** Dallas
- **Neighborhood:** Broadmoor
- **Coordinates:** 32.719994, -96.806726
- **Google Maps:** https://www.google.com/maps?q=32.719994,-96.806726

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21313341

## Listing Agent

- **Name:** Jett Waters
- **Brokerage:** Real Broker, LLC
- **Phone:** (214) 202-7615

## Primary Photo

![2308 Britton Drive - Primary Photo](http://lh.rdcpix.com/31a328e32c5594745a40dc3afa8ac696l-f1306238050r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.ai/listing/2308-britton-drive-dallas-tx-75216-21313341)*

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**MLS#:** 21313341 | **Updated:** 2026-08-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2308-britton-drive-dallas-tx-75216-21313341)

---

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