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.
For sale
Price cut: $24K (9/11)
$325,000
1227 Wilbur St, Dallas, TX 75224
5beds
1,832sqft
Single Family Residence
Built in 1937
7,840 Square Feet Lot
$322,500 Zestimate®
$177/sqft
$-- HOA
What's special
Updated fixturesThoughtful updates throughoutFresh interior paintLaminate flooringGenerous lotLarge backyardThree bedrooms downstairs
- 79 days
- 1,478
- 203
Zillow last checked:
Listing updated:
Listed by:
Shayne Hickey 0750298 469-219-9767,
Texas Ally Real Estate Group 512-763-2559
Source: NTREIS,MLS#: 21340364
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: En Suite Bathroom
- Level: First
- Dimensions: 15 x 12
Bedroom
- Level: First
- Dimensions: 14 x 12
Bedroom
- Level: First
- Dimensions: 14 x 12
Bedroom
- Level: Second
- Dimensions: 21 x 8
Bedroom
- Level: Second
- Dimensions: 17 x 17
Dining room
- Level: First
- Dimensions: 11 x 11
Other
- Level: First
- Dimensions: 8 x 7
Kitchen
- Level: First
- Dimensions: 14 x 11
Living room
- Level: First
- Dimensions: 14 x 13
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Range, Disposal, Gas Water Heater, Refrigerator
- Laundry: In Kitchen
Features
- Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan, Cable TV
- Flooring: Carpet, Laminate, Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,832 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Pool features: None
- Fencing: Wood
Lot
- Size: 7,840 Square Feet
- Features: Interior Lot
Details
- Parcel number: 00000313915000000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Foundation: Pillar/Post/Pier
- Roof: Asphalt
Condition
- Year built: 1937
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Separate Meters, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Elmwood
HOA
- Has HOA: No
Location
- Region: Dallas
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $382,770
- Annual tax amount: $8,523
- Date on market: 7/25/2026
- Cumulative days on market: 80 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Estimated market value
$322,500
$306,000 - $339,000
$2,644/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Price change | $325,000-6.9%$177/sqft |
Source: NTREIS #21340364 Report a problem | ||
| 7/25/2026 | Listed for sale | $349,000+2.9%$191/sqft |
Source: NTREIS #21340364 Report a problem | ||
| 11/26/2025 | Listing removed | $2,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/17/2025 | Price change | $2,250-10%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/6/2025 | Price change | $2,500-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/27/2025 | Price change | $2,600-5.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2025 | Listed for rent | $2,750+5.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/26/2024 | Listing removed | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/22/2024 | Price change | $2,600-7.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/9/2024 | Listed for rent | $2,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/2/2022 | Listing removed | -- |
Source: NTREIS #14621951 Report a problem | ||
| 10/4/2021 | Pending sale | $339,000$185/sqft |
Source: NTREIS #14659724 Report a problem | ||
| 10/3/2021 | Listed for sale | $339,000$185/sqft |
Source: NTREIS #14659724 Report a problem | ||
| 9/24/2021 | Contingent | $339,000$185/sqft |
Source: NTREIS #14659724 Report a problem | ||
| 9/14/2021 | Listed for sale | $339,000-0.3%$185/sqft |
Source: NTREIS #14659724 Report a problem | ||
| 7/21/2021 | Listing removed | $339,900$186/sqft |
Source: NTREIS #14621951 Report a problem | ||
| 7/10/2021 | Listed for sale | $339,900$186/sqft |
Source: NTREIS #14621951 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,523 -0.4% | $382,770 |
| 2024 | $8,555 +8.1% | $382,770 +11% |
| 2023 | $7,916 -8.6% | $344,970 |
| 2022 | $8,660 +79.1% | $344,970 +88.2% |
| 2021 | $4,835 +107.1% | $183,300 +12.2% |
| 2020 | $2,335 +22% | $163,440 +18.2% |
| 2019 | $1,914 +8% | $138,320 +57.3% |
| 2018 | $1,772 +5.2% | $87,910 |
| 2017 | $1,685 +12.1% | $87,910 |
| 2016 | $1,502 +7% | $87,910 +22.2% |
| 2015 | $1,404 | $71,940 |
| 2014 | $1,404 | $71,940 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Elmwood
Nearby schools
Schools provided by the listing agent
- Elementary: Henderson
- Middle: Zan Wesley Holmes
- High: Kimball
- District: Dallas ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






