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$325,000
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Property Description
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. The vacant main home was previously leased for $2,100 per month, while the detached approximately 400-square-foot ADU was previously operated as a mid-term rental at $1,400 per month, creating an attractive opportunity for investors or owner-occupants looking to offset housing costs with supplemental income. Buyer to independently verify rental rates, restrictions, and potential. The spacious two-story main home features five bedrooms and two bathrooms with a flexible floor plan that includes 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, offering its own full kitchen and bathroom. Use it as a rental, private guest suite, multigenerational living space, home office, or studio-the possibilities are wide open. 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 location just minutes from the restaurants, shopping, nightlife, and entertainment of Bishop Arts, this property delivers flexibility that is increasingly hard to find. Washer, dryer, and refrigerator are negotiable with an acceptable offer.
Full Property Details
Full Property Details for 1227 Wilbur St
General
- Price: $325,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21340364
- Updated: 10/3/2026
- Added to Site: 79 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan, Cable TV
- Appliances: Dishwasher, Electric Range, Disposal, Gas Water Heater, Refrigerator
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Kitchen
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Driveway
Location
- County: Dallas
- Subdivision: Elmwood
- Driving Directions: Please use GPS for best directions!
School Information
- Elem School District: Dallas ISD
- Midd School District: Dallas ISD
- High School District: Dallas ISD
- Elementary School: Henderson
- Middle School: Zan Wesley Holmes
- High School: Kimball
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Natural Gas Available, Separate Meters, Water Available, Cable Available
Structural Information
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Attached
- Roof: Asphalt
- Stories/Levels: 2
- Living Area: 1,832 Sq. Ft.
- Year Built: 1937
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840.8
- Lot Features: Interior Lot
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Legal Description: ELMWOOD BLK 13/4274 LT 24
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 313915000000
- Block: 13427
- Lot Number: 24
Listed by Texas Ally Real Estate Group, Shayne Hickey
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Schools
Schools serving 1227 Wilbur St
School District:Dallas Independent School District
| Name | Grades | Distance |
|---|---|---|
Margaret B Henderson Elementary School 2200 South Edgefield Avenue, Dallas, TX 75224 | K-5 | 0.1 mi |
Zan Wesley Holmes Jr Middle School 2939 Saint Rita Drive, Dallas, TX 75233 | 6-8 | 1.6 mi |
Justin F Kimball High School 3606 South Westmoreland Road, Dallas, TX 75233 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1227 Wilbur St
Date
Details
Price
Change
Source
9/11/2026
Price Reduced
$325,000
-6.88%
MLS
7/25/2026
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1227 Wilbur St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,523
-3%
$382,770
—
2024
$8,784
11%
$382,770
11%
2023
$7,916
-9%
$344,970
—
2022
$8,660
79%
$344,970
88%
2021
$4,835
107%
$183,300
12%
2020
$2,335
-38%
$163,440
18%
2019
$3,781
51%
$138,320
57%
2018
$2,501
5%
$87,910
—
2017
$2,390
—
$87,910
—
2016
$2,391
21%
$87,910
22%
2015
$1,972
—
$71,940
—
2014
$1,966
16%
$71,940
15%
2013
$1,701
—
$62,470
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1227 Wilbur St
1227 Wilbur Street, Dallas, TX 75224 (MLS# 21340364) is a Single Family property with 5 bedrooms and 2 full bathrooms. 1227 Wilbur Street is currently listed for $325,000 and was received on July 25, 2026. Want to learn more about 1227 Wilbur Street? Do you have questions about finding other Single Family real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

