5003 Victor St, Dallas, TX 75214

A RARE MUNGER PLACE RESTORATION AND INCOME OPPORTUNITY Own a piece of Dallas history, restore it into a magnificent Munger Place showplace, and generate immediate income from two existing short-term rentals while you renovate! Built in 1916, this substantial historic residence offers approximately 2,959 square feet in the main home, with 4 bedrooms and 3 full baths, on a generous 9,268-square-foot lot in one of Dallas’s most distinctive historic neighborhoods. Behind the main residence is an exceptionally valuable feature: a separate two-story rear structure containing two independent apartments of approximately 680 square feet each. These furnished units have operated as short-term rentals and offer potential combined income of approximately $2,000–$3,000 per month, depending upon occupancy and operation. They also offer remarkable flexibility for extended family, guests, private offices, studios or other permitted uses. The main residence needs comprehensive renovation and is being offered as a genuine restoration opportunity—not a cosmetically updated home. For the right buyer, this is the chance to revive a large 1916 residence, preserve its historic presence and create a truly exceptional Munger Place property while benefiting from two existing secondary living spaces. IMPORTANT FINANCING DISCLOSURE: The property contains the main residence plus two separate accessory dwelling units. Because standard Fannie Mae and Freddie Mac guidelines generally permit only one ADU on a property financed as a single-family residence so it may not be eligible for standard conventional financing. Buyers should be prepared to use cash, portfolio, private or specialized nonconforming financing and should obtain property-specific lender approval before submitting a financed offer. Property is offered as-is. Buyer must independently verify square footage, condition, zoning, permitted uses, rental potential and financing eligibility.