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$579,000

614 Woodlawn Ave, Dallas, TX, 75208

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,112 Sq Ft
DuplexDuplex
price_per_sqft$259.11 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Private Entrance, Private Yard
Lot Size7,186 sqft

Building Information

Year Built1945
Stories2
Roof Type105

Land Information

APN00000269806000000
Lot Number25
SubdivisionHord Homestead
Land UseResidential
Legal DescriptionHORD HOMESTEAD BLK 3437 LOT 25 INT202500098051 DD05092025 CO-DC 3437 000 02500 2003437 000
Census Tract004201
Assessed Land Value$359,300
Assessed Improvement Value$187,940
Assessment Year2025

About this property

Income opportunity awaits with this beautifully updated and meticulously maintained 1945 Tudor-style 2-story duplex, ideally located in the heart of Oak Cliff. Located just one block from the vibrant dining, shopping, and entertainment of Bishop Arts, this property offers a prime location and true turn-key convenience. Each spacious unit has been thoughtfully renovated with no updates needed, and a new roof was installed in March 2021. With one unit per floor, each residence enjoys privacy, comfort, and its own fenced-in yard—perfect for pets or outdoor entertaining. The first level features natural wood floors, while the second has engineered hardwoods. Large windows throughout both units allow for abundant natural light and create an open, airy feel. Each unit includes an in-unit laundry room with washer and dryer, a brick wood burning fireplace, and a kitchen equipped with stainless steel appliances. Utility services and HVAC systems are separate for each unit, and both come with a one-car carport with garage door entry, one with front-facing access, the other with alley access. This is a fantastic opportunity for investors or owner-occupants. Please note: gross income listed reflects rent from only one unit, offering strong potential to increase returns.

Investor Tools

Property Icon
$547,240
Estimated Property Value
$0Estimated Mortgage Balance
$547,240Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,383
$547,240
2025
$359,300
$187,940
$547,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,383
$547,240

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$547,240
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
3.4%

Learn About the Market: Opportunity in Dallas

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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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614 Woodlawn Ave | Property Details | No Agent List