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  • $325k Price
  • 5 Beds
  • 2 Baths
  • 1,832 Sqft
  • .18 Acres
  • 1937 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $325k Price
  • 5 Beds
  • 2 Baths
  • 1,832 Sqft
  • .18 Acres
  • 1937 Year Built
  • Study
  • Game Room
  • Media
  • Pool

1227 Wilbur Street
Dallas, Texas 75224-1703

County: Dallas Elmwood

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. 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.

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$325,000
  • Est. Payment /m
  • Reduced By$24,000
  • Cumulative Days on MarketUnlock
  • MLS® #21340364
  • Bedrooms5
  • Bathrooms2.00
  • Square Footage1,832
  • Acres0.18
  • Year Built1937
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional
  • StatusActive
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Quick Valuation Analysis from 9 Active and 17 Sold Listings

Pricing Trends from 9 Active Listings in Elmwood

This Home's Price $325,000 This Home's Price Per SqFt $
Average Price $361,822 Average Price Per SqFt $
Highest Price $539,000 Highest Price Per SqFt $
Lowest Price $265,000 Lowest Price Per SqFt $

Pricing Trends from 17 Sold Listings in Elmwood

This Home's Price $325,000 This Home's Price Per SqFt $
Average Price $410,271 Average Price Per SqFt $
Highest Price $579,900 Highest Price Per SqFt $
Lowest Price $218,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address1227 Wilbur Street
  • SubdivisionElmwood
  • CityDallas
  • CountyDallas
  • StateTexas
  • Zip Code75224-1703
  • HOANone
  • UtilitiesCity Water, Electricity Available, Individual Gas Meter, Natural Gas Available

Amenities

  • GaragesDriveway

Interior

  • Interior FeaturesCable TV Available, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan
  • FloorsCarpet, Laminate, Tile

Exterior

  • FenceWood
  • Lot DescriptionInterior Lot

Construction Details / Floorplan

  • Living Areas1
  • Dining Rooms1
  • Full Baths2
  • RoofAsphalt
  • FoundationPillar/Post/Pier
  • ConstructionSiding

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral

Private Listing Information (Registration Required)

Listing Details

  • AgentShayne Hickey
  • OfficeTexas Ally Real Estate Group

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Listing information last updated on October 19th, 2026 at 8:31pm CDT.