1418 E Overton Rd Dallas, TX 75216

Investor or Cash (Hard Money) END Buyers. NO BLIND OFFERS, NO SELLER FINANCE or NO CREATIVE FINANCING. Roof 2024. Hotwater Heater 2015.
Value-add opportunity located in South Dallas, just minutes from Downtown Dallas and in close proximity to the lifestyle, dining, and cultural attractions of Bishop Arts. This property is well-positioned for investors seeking a strategic acquisition in a high-demand rental area with strong long-term upside. The home offers flexibility for multiple strategies, including renovation and hold, repositioning for resale, or redevelopment on an extended lot. The current layout includes 4 bedrooms and 2 baths, though the footprint may lend itself to a more optimized configuration, such as a 3-bedroom, 2-bath with a game room or flex space, depending on the scope of renovation. A permitted addition adds square footage and functionality (Primary bedroom -ensuite bath). A tenant is currently in place on a month-to-month lease, will vacate upon closing. A minimum of 4 hours' notice is required for all showings. Recent capital improvements include a new roof installed in 2024, offering a key systems update. The hot water heater was installed in 2015. The property will require repairs and is best suited for buyers prepared to evaluate structural scope and execute a full renovation or redevelopment strategy. Known conditions include foundation issues, an inoperable bathroom. The original structure is pier-and-beam, with the addition built on a slab foundation. Ideal for investors who understand scope, pricing, and decisive execution in an evolving urban corridor.