About 4205 Prescott Avenue
Timeless, renovated Tudor duplex (4BR-4BA total) in a premier Highland Park–adjacent location, 100% leased today with built-in flexibility; perfect for an owner-occupant who wants to enjoy one side while retaining rental income from the other, or for a boutique investor-1031 buyer seeking a prime, high-demand location with long-term upside. This high demand, ideal location blends classic architectural charm with thoughtful modern updates. This rare, mirrored residence offers warm, light-filled interiors with original Tudor details, hardwoods, and two living areas per unit—ideal flex space for a home office or media room. Updated baths feature sleek glass-enclosed showers, and the kitchens are designed for function and style with granite counters, dishwasher, refrigerator, washer-dryer, breakfast area, and a built-in coffee-wine bar accented by decorative lighting. An oversized dining room framed by charming wood bay windows is made for entertainment. Each unit includes a spacious primary suite with ample closet space, and the downstairs unit enjoys direct access to the outdoor living area for seamless indoor-outdoor living. Additional bedrooms with separate baths provide versatility for guests or work-from-home needs. Investment highlights are as follows. Stabilized occupancy: fully leased for day-one cash flow. Upside potential: in-place rents below current market for renovated 2-2 product nearby. Tenant appeal: large, usable yard with mature trees; downstairs unit has direct outdoor access and a private deck. Rare parking: four covered parking spaces (competitive advantage in this submarket). Walkable location: 1 block to The Shops of Highland Park for boutique restaurants and shopping, supporting long-term rental demand on a highly desirable street. Ideal for a homeowner, boutique investor or 1031 buyer seeking a defensive infill asset with durable demand and future income growth potential. This unique property won’t last long. Schedule your showing today!
Features of 4205 Prescott Avenue
| MLS® # | 21138443 |
|---|---|
| Price | $1,235,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Acres | 0.15 |
| Year Built | 1930 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 4205 Prescott Avenue |
|---|---|
| Subdivision | University Place |
| City | Dallas |
| County | Dallas |
| State | TX |
| Zip Code | 75219-2319 |
Amenities
| Utilities | City Sewer, City Water, Concrete, Curbs, Electricity Available, Electricity Connected, Individual Water Meter, Sidewalk |
|---|---|
| Features | Sidewalks |
| Parking Spaces | 4 |
| Garages | Carport, Covered, Assigned, Detached Carport, No Garage, Outside, Paved, Side By Side |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, Pantry, Dry Bar, Multiple Staircases, Natural Woodwork |
|---|---|
| Heating | Electric, Fireplace(s) |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Brick, Wood Burning, Family Room |
Exterior
| Exterior Features | Rain Gutters, Lighting, Uncovered Courtyard |
|---|---|
| Lot Features | Interior Lot, Level |
| Roof | Composition, Shingle |
| Construction | Brick, Rock/Stone |
| Foundation | Pillar/Post/Pier |
School Information
| District | Dallas ISD |
|---|---|
| Elementary | Milam |
| Middle | Spence |
| High | North Dallas |
Additional Information
| Community Features | Sidewalks |
|---|---|
| # of Fireplaces | 2 |
| Flooring | Wood, Tile |
| Special Notes. | Deed Restrictions, Survey Available |
| Net Income | $40,024 |
| Building Sqft | 3,616 |
| # Units | 2 |
Listing Details
| Agent | Andrea Miranda |
|---|---|
| Office | Briggs Freeman Sothebys Intl |
| Contact Info | 214-683-8490 |