4205 Prescott Avenue
Dallas, TX 75219
$1,235,000
3,616 sqft
4 beds
4 baths
Description
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!
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| North Dallas High School | 9 - 12 | Regular |
| Ben Milam Elementary School | PK - 5 | Regular |
| Alex W. Spence Talented/Gifted Academy | 6 - 8 | Regular |
| Unassigned | EE - EE | Regular |
| 4 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.