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$300,000

516 & 518 S Glasgow Drive, Dallas, TX, 75223

$380,090 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,025 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.15 / sqft
Year BuiltBuilt in 1915

Property Lead Type:

Move-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesSome Gas Appliances, Gas Range, Plumbed For Gas
FlooringLaminate, Linoleum, Tile

About this property

MOUNT AUBURN INVESTOR & REDEVELOPMENT OPPORTUNITY — $300,000! This 1915 duplex offers approximately 2,025 SF on a .166-acre lot in the highly sought-after Mount Auburn area, where new construction and redevelopment are reshaping the neighborhood. The property features two separate spaces—a 2-bedroom, 1-bath unit and a 2-bedroom, 2-full-bath unit—creating multiple possibilities for the investor with the vision and resources to take on the project. Renovate and reposition the existing duplex, pursue a full flip, hold as a rental, or evaluate the property for future redevelopment or new construction. The opportunity is yours to determine based on your investment strategy. The surrounding properties make the location especially compelling: a new construction home was completed next door last year, with another new build currently underway on the opposite side. This is an established neighborhood experiencing significant reinvestment, surrounded by renovated homes and new construction. The property itself is being sold AS-IS and will require substantial work. A long driveway provides parking for approximately 8 vehicles, and there is NO HOA. Just minutes from Woodrow Wilson High School, Samuel Grand Park, the Santa Fe Trail, White Rock Lake and Deep Ellum, the location offers easy access to some of Dallas' most desirable recreation, entertainment and employment areas. Both sides of the duplex are being sold together. Cash buyers and investors encouraged. Bring your builder, contractor and vision and unlock the potential of this unique Dallas property. We Love Our Veterans! Let's Get You Home!

Investor Tools

$0Estimated Mortgage Balance
$300,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$380,089
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

Interested in this property?

Terri Tranter

Competitive Edge Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Dallas