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
| Agent | Wister Wong |
|---|---|
| Office | Grand Ark LLC |
| Contact Info | 214-396-4300 |
