




$692,000
NAL Estimated Property Value6046 Penrose Avenue, Dallas, TX, 75206
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About this property
Rare dual-living opportunity tucked beneath mature trees near Lower Greenville & M Streets adjacent! This charming property features a light-filled 2-bedroom, 1 bathroom main cottage (approx. 1,192 sq. ft.) and a private 1-bedroom, 1-bathroom guest apartment (approx. 600 sq. ft.) situated above the detached 2-car garage—perfect for an income-producing rental, a quiet home office, or a separate guest suite. Inside the main home, timeless character shines with a cozy fireplace and a recently updated kitchen designed for effortless everyday living and entertaining. The flow continues outside to a spacious backyard and covered patio, offering a peaceful retreat in one of the city's most central and accessible locations, just minutes from local dining and shops. With this level of flexibility and charm in a premier location, this home is a must-see in person!
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Learn About the Market: Opportunity in Dallas




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.
Population Growth
~0.8%
Net Migration
Positive
Median Home Price
$318,600
Unemployment Rate
3.60%
Price Trend
~2–3% YoY growth
New Permits
~5,500 units
City: Dallas
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These are Deal List properties graded A+, A.
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