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$424,900

1023 S Beacon St, Dallas, TX, 75223

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,352 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Water Heater, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesPrivate Entrance, Private Yard
Lot Size5,532 sqft

Building Information

Year Built1920
Stories1
Roof Type105

Land Information

APN00000163587000000
Lot Number23
SubdivisionMount Auburn
Land UseResidential
Legal DescriptionMOUNT AUBURN BLK 1/1612 PT LT 23 ACS 0.127 LESS ROW INT202300195164 DD09212023 CO-DC 1612 001 02300 1001612 001
Census Tract002400
Assessment Year2025

About this property

MULTIPLE OFFERS Recieved! Fantastic Opportunity to own a fully RENOVATED DUPLEX with easy access to downtown Dallas, Lakewood, Greenville Ave & SMU. Steps away from the Santa Fe Trail leading to coveted WR Lake as well as Tenison & Lakewood golf courses. Serviced by AWARD winning Woodrow Wilson H.S. recognized as one of the nation's best High Schools. Each unit has 2 beds 1 bath taken down to the studs thoroughly redone featuring luxury vinyl flooring, new lighting, freshly painted interior alongside newly remodeled bathrooms. Properties are separately metered for all utilities. Mechanical updates include foundation with warranty, New HVAC's for both units, updated plumbing, electrical, insulation & windows. Exterior features new Hardie Board siding, newly installed tall cedar fence & private yards for each tenant. Gross Income, Net Income & cap rate are based off projections units are MOVE-IN ready for immediate income! New Modern duplexes $1MM+ being constructed in the neighborhood.

Investor Tools

Property Icon
$427,170
Estimated Property Value
$417,073Estimated Mortgage Balance
$30,354Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,563 /month
Positive
Cash Flow Estimate:
$854 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$974/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,547
$427,170
2025
N/A
N/A
$427,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,547
$427,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tjc Mortgage Inc
Conventional
$417,073
No
First
Sep 21, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$396,816
$30,354
7%
93%
$2,501/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,501/mo
+$71/mo
7.2%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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