12517 Hornbeam Drive, Dallas, TX

$395,000

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6

Beds

4

Baths

0.30

Acres

About 12517 Hornbeam Drive

FIXER UPPER DUPLEX. Cash-flowing from day one! Future Airbnb potential. No HOA, priced under market value for a quick sale. Calling all Investors: Instant equity with immediate income! This rare, full-sized duplex at 12517 Hornbeam Drive offers an incredible opportunity to build instant equity while collecting rent. Spanning a massive 3,416 sq. ft. with a highly desirable 6-bedroom, 4-bathroom footprint (ideal 3 bed, 2 bath layout per side), the property is currently tenant-occupied and bringing in $2,900 per month in gross rent. Priced aggressively for a fast sale, this property boasts massive upside. Collect your immediate income while planning your cosmetic rehab to force appreciation. Whether you are looking to flip for a solid margin (estimated ARV in the high $500s) or hold and bump the current below-market rents to create a lucrative cash-flow machine (projected market rents of $5,000+ per month), the numbers make sense. Please do not disturb tenants. Showings require 24-hour notice (or showings granted with an accepted offer). No blind offers. Proof of funds required with all offers. Seller will not make any repairs. Property Highlights: Immediate Income: Currently generating $2,900 a month, allowing you to cash-flow from day one while you plan your updates. Massive Footprint: 3,416 sq. ft. of living space offering generously sized rooms and living areas. Value-Add Canvas: Needs TLC and cosmetic rehab—perfect for forcing appreciation and eventually raising rents to the $5,000+ per month market rate. Prime Location: Conveniently tucked away while offering immediate access to I-635, US-75, Texas Instruments, and major North Dallas employment hubs. Properties with this much upside and built-in cash flow do not last long in today’s market. Sold strictly AS-IS. Cash, hard money, or conventional portfolio loans preferred. Don't miss out on this equity-builder—schedule your showing today!

Features of 12517 Hornbeam Drive

MLS® # 21378183
Price $395,000
Bedrooms 6
Bathrooms 4.00
Full Baths 4
Acres 0.30
Year Built 1977
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 12517 Hornbeam Drive
Subdivision Richland Mdws Add
City Dallas
County Dallas
State TX
Zip Code 75243-2605

Amenities

Utilities City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter
Parking Spaces 4
# of Garages 4
Garages Garage, Garage Door Opener
Is Waterfront No
Pool On Property No

Interior

Interior Features Cable TV Available, High Speed Internet Available, Walk-In Closet(s)
Heating Central
Fireplace Yes
# of Fireplaces 2
Fireplaces Living Room

Exterior

Lot Features Interior Lot
Roof Composition, Shingle
Construction Brick, Frame, Siding, Wood
Foundation Slab

School Information

District Richardson ISD
Elementary Forestridge
High Berkner

Additional Information

# of Fireplaces 2
Flooring Carpet, Ceramic Tile
Net Income $18,000
Building Sqft 3,416
# Units 2

Listing Details

AgentWister Wong
OfficeGrand Ark LLC
Contact Info214-396-4300

Listing Map

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