$1,100,000
$100K PRICE DROP

Estimated payment $7,463/month

Total Views 47,691
5 Beds
5.5 Baths
4,402 Sq Ft
$250 Price per Sq Ft

Highlights

  • Deck
  • Front Porch
  • Woodwork
  • Wood Flooring
  • Interior Lot
  • Guest Parking

About This Home

Charming property located in sought-after Historic Munger Place, this delightful 5-unit unit complex blends timeless character with thoughtful modern updates. Each unit has been tastefully refreshed within the past five years, offering residents functionality and comfort while preserving the property’s original appeal. The Building has separate electric meters and central HVAC for each unit.4402 Sq Ft includes garage apartment. Three units have covered parking, one has driveway parking, and Garage apartment has street parking. Tenants enjoy inviting common areas, including a shared yard and a welcoming front porch—perfect for relaxing and fostering a sense of community. The two upstairs units include a shared balcony. The property is 100% leased and professionally managed, providing immediate, stabilized income and truly hands-off ownership. Pictures in listing are of unit C. A rare opportunity to own a well-maintained, income-producing asset in one of the area’s most charming neighborhoods. Showings available by appointment, please contact agent.

Listing Agent

Victor Aves

Pegasus Realty, Inc. Brokerage Phone: 214-826-9555 License #0403677 Listed on: 01/20/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $17,071

Year Built

  • Built in 1909

Lot Details

  • 9,540 Sq Ft Lot
  • Wood Fence
  • Interior Lot

Parking

  • 3 Car Garage
  • Shared Driveway
  • Guest Parking
  • Additional Parking
  • Off-Street Parking
  • Community Parking Structure

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,402 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Woodwork
  • Ceiling Fan
  • Fireplace Features Masonry
  • Window Treatments
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Low Flow Plumbing Fixtures

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Lipscomb Elementary School
  • Long Middle School
  • Woodrow Wilson High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / I/687
  • Assessor Parcel Number 00000120736000000

Community Details

Overview

  • 5 Units
  • 4,402 Sq Ft Building
  • Munger Place Subdivision

Building Details

  • Gross Income $92,700
  • Net Operating Income $68,707

Property Details

Home Type

Apartment

Est. Annual Taxes

$17,071

Year Built

Built in 1909

Lot Details

9,540 Sq Ft Lot

Parking

3

Listing Details

  • OWNERNAME: L & L LLC
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 214-826-9555
  • CapRate: 6.25
  • Co List Office Mls Id: PEGS01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48113:00000120736000000
  • Special Features: VirtualTour
  • Year Built: 1909

Interior Features

  • Square Footage: 4402.0
  • Windows: Window Coverings
  • Fireplace Features: Masonry, Other
  • Interior Amenities: Wired for Data, Natural Woodwork
  • Flooring: Ceramic Tile, Wood
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Disposal, Refrigerator, Washer
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Community Features: Curbs, Sidewalks
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Wood Siding
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Deck, Front Porch, Other
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 3.0
  • Total Covered Spaces: 3.0
  • Parking Features: Additional Parking, Covered, Driveway, Garage, Guest, Off Street, Other, Paved, Community Structure, Shared Driveway
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Lipscomb
  • High School: Woodrow Wilson
  • Junior High Dist: Dallas ISD

Lot Info

  • Lot Features: Interior Lot, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.219
  • Parcel Number: 00000120736000000
  • Lot Size Acres: 0.219
  • Lot Size Sq Ft: 9539.64

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Building Info

  • Year Built: 1909
  • Units Total: 5
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 8755.0
  • Annual Gross Income: 92700.0
  • Property Net Operating Income: 68707.0

Tax Info

  • TaxBlock: I/687
  • Tax Lot: 12
  • Tax Annual Amount: 17071.0

MLS Schools

  • MiddleOrJuniorSchool: Long

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2026 07/09/26 Price Changed $1,100,000 -4.3% $250 / Sq Ft
05/08/2026 05/08/26 Price Changed $1,150,000 -4.2% $261 / Sq Ft
01/23/2026 01/23/26 For Sale $1,200,000 -- $273 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21146478

North Texas Real Estate Information Systems (NTREIS)
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