6205 Lovett Ave, Dallas, TX 75227

List Price
$362,000
MLS#
21016947
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1948
Construction Status
Preowned
Bedrooms
5
Full Baths
3
Acres
0.38
County
Dallas
City
Dallas
Subdivision
Peacock Terrace Add 02nds Instl
Building Name
Duplex

Property Description

This full duplex sits on a spacious 0.38-acre lot with convenient access to downtown Dallas, Lakewood, Greenville Avenue, and SMU. Both units are currently leased, offering immediate cash flow. Unit 1: Approximately 1,000 SF, 3 bedrooms, 2 full bathrooms. Tenant-occupied with a lease in place through May 2026 at $1,850 per month. Unit 2: Approximately 672 SF, 2 bedrooms, 1 full bathroom. Tenant-occupied on a month-to-month basis at $1,300 per month. Each unit features updated kitchens and bathrooms, luxury vinyl plank flooring, and comes with a detached one-car garage. Located in an area experiencing significant development and revitalization, this property presents strong long-term investment potential. Note: Photos are virtually staged to highlight the property’s possibilities. Tours are permitted during the option period only, and prospective buyers and their representatives are responsible for conducting their own due diligence. This information is not to be considered as a substitute for professional guidance and independent verification. **All property tours must be scheduled through the listing agent, and tenants must not be disturbed. **

Additional Information

Unexempt Taxes
$7,178
Lot Size
16,727
Acres
0.38
Interior Features
Eat-In Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floor Plan, Cable TV
Flooring
Tile, Vinyl
Foundation
Slab
Roof
Composition
Stories
1
Pool Features
None
Parking Garage
Driveway
School District
Dallas Isd
Elementary School
Alexander
Middle School
Florence
High School
Skyline
Possession
CloseOfEscrow
Possession
CloseOfEscrow

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Angela Harwell from Coldwell Banker Apex, REALTORS. Contact: 214-578-0087