Next Level Realty

4205 Prescott Avenue

Dallas , TX 75219

MLS#: 21138443

$1,300,000

Status: Active
Listing number: 21138443
Listing provided by: Briggs Freeman Sothebys Intl
Listing agent phone: None
Last update: N/A
Browse Properties
University Place - Residential Income

Property

Beds

4

Full Baths

4

1/2 Baths

None

Year Built

1930

Sq.Footage

N/A

Timeless, renovated Tudor duplex (4BR-4BA total) in a premier Highland Park–adjacent location, 100% leased today with built-in flexibility; perfect for an owner-occupant who wants to enjoy one side while retaining rental income from the other, or for a boutique investor-1031 buyer seeking a prime, high-demand location with long-term upside. This high demand, ideal location blends classic architectural charm with thoughtful modern updates. This rare, mirrored residence offers warm, light-filled interiors with original Tudor details, hardwoods, and two living areas per unit—ideal flex space for a home office or media room. Updated baths feature sleek glass-enclosed showers, and the kitchens are designed for function and style with granite counters, dishwasher, refrigerator, washer-dryer, breakfast area, and a built-in coffee-wine bar accented by decorative lighting. An oversized dining room framed by charming wood bay windows is made for entertainment. Each unit includes a spacious primary suite with ample closet space, and the downstairs unit enjoys direct access to the outdoor living area for seamless indoor-outdoor living. Additional bedrooms with separate baths provide versatility for guests or work-from-home needs. Investment highlights are as follows. Stabilized occupancy: fully leased for day-one cash flow. Upside potential: in-place rents below current market for renovated 2-2 product nearby. Tenant appeal: large, usable yard with mature trees; downstairs unit has direct outdoor access and a private deck. Rare parking: four covered parking spaces (competitive advantage in this submarket). Walkable location: 1 block to The Shops of Highland Park for boutique restaurants and shopping, supporting long-term rental demand on a highly desirable street. Ideal for a homeowner, boutique investor or 1031 buyer seeking a defensive infill asset with durable demand and future income growth potential. This unique property won’t last long. Schedule your showing today!

Features & Amenities

Interior

  • Other Interior Features

    Built-in Features, Dry Bar, Eat-in Kitchen, Granite Counters, Natural Woodwork, Pantry

  • Total Bedrooms

    4

  • Bathrooms

    4

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Electric, Fireplace(s)

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Stone

  • Other Exterior Features

    Rain Gutters, Lighting, Uncovered Courtyard

  • Parking

    Assigned, Carport, Covered, Detached Carport, No Garage, Outside, Paved, Side By Side

  • Patio and Porch Features

    Deck, Side Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Interior Lot, Level

  • Lot Size(acres)

    0.148

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $1,300,000

  • Tax Amount

    21544.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Milam

  • Middle School

    Spence

  • High School

    North Dallas

Property Features

  • Foundation Details

    Pillar/Post/Pier

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    1

  • Water Source

    Public

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Location

County

Dallas

Elementary School

Milam

Middle School

Spence

High School

North Dallas

Listing Courtesy of Andrea Miranda , Briggs Freeman Sothebys Intl

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Timeless, renovated Tudor duplex (4BR-4BA total) in a premier Highland Park–adjacent location, 100% leased today with built-in flexibility; perfect for an owner-occupant who wants to enjoy one side while retaining rental income from the other, or for a boutique investor-1031 buyer seeking a prime, high-demand location with long-term upside. This high demand, ideal location blends classic architectural charm with thoughtful modern updates. This rare, mirrored residence offers warm, light-filled interiors with original Tudor details, hardwoods, and two living areas per unit—ideal flex space for a home office or media room. Updated baths feature sleek glass-enclosed showers, and the kitchens are designed for function and style with granite counters, dishwasher, refrigerator, washer-dryer, breakfast area, and a built-in coffee-wine bar accented by decorative lighting. An oversized dining room framed by charming wood bay windows is made for entertainment. Each unit includes a spacious primary suite with ample closet space, and the downstairs unit enjoys direct access to the outdoor living area for seamless indoor-outdoor living. Additional bedrooms with separate baths provide versatility for guests or work-from-home needs. Investment highlights are as follows. Stabilized occupancy: fully leased for day-one cash flow. Upside potential: in-place rents below current market for renovated 2-2 product nearby. Tenant appeal: large, usable yard with mature trees; downstairs unit has direct outdoor access and a private deck. Rare parking: four covered parking spaces (competitive advantage in this submarket). Walkable location: 1 block to The Shops of Highland Park for boutique restaurants and shopping, supporting long-term rental demand on a highly desirable street. Ideal for a homeowner, boutique investor or 1031 buyer seeking a defensive infill asset with durable demand and future income growth potential. This unique property won’t last long. Schedule your showing today!

4205 Prescott Avenue

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