Brick exterior with siding accents and an established tree
Active

12517 Hornbeam Drive

Dallas, Texas 75243
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$395,000 $1,665/Mo
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Bed 6

Bed

Bath 4

Bath

Acres0.30

Acre(Lot)

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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $395,000

AD Id : 91016093

MLS Id : 573058470

Beds : 6

Lot Size : 0.30 Acre

Year Built : 1977

Garage : 4

County : Dallas

Subdivision: Richland Mdws Add

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4 Half Baths: 0

  • Interior Features

    Cable TV Available,High Speed Internet Available,Walk-In Closet(s)

    Appliances

    Electric Cooktop,Electric Oven,Gas Water Heater

    Utilities

    City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter

  • Cooling Features

    Central Air,Electric

    Heating Source

    Central

    Fireplace

    Number of Fireplaces: 2 Fireplace Features: Living Room

  • Building Information

    Built Year: 1977 Building Area Total: 3,416 Construction: Brick,Frame,Siding,Wood Roof Type: Composition,Shingle

  • Foundation

    Slab

  • Fencing

    Fenced

    Construction Materials

    Brick,Frame,Siding,Wood

  • Lot Information

    Lot Size (Acr): 0.2980 Lot Size Units: Acres Lot Size Square Feet: 12,981 Lot Size Source: Public Records Lot Features: Interior Lot

  • Property Information

    Property Type: Residential Income Property Sub Type: Duplex Subdivision: Richland Mdws Add City: Dallas State: Texas Directions: Please see GPS. Property Status: Active Levels: One Property Age: 49 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $395,000

  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 00000811184190000 Tax Block: B8434 Tax Legal Description: RICHLAND MEADOWS BLK B/8434 LT 20 Tax Lot: 20 Unexempt Taxes: $9,767

  • Parking Information

    Has Garage Garage Space: 4 Parking: 4 Parking Features: Garage,Garage Door Opener

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Forestridge High School: Berkner Junior High School: Liberty School District: Richardson ISD

  • Utility Information

    Utilities: City Sewer,City Water,Electricity Connected,Individual Gas Meter,Individual Water Meter
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11912 Garden Terrace Dr.., Dallas, TX, 75243 $525,500 6 4 -- 0.20 Acre
11826 Garden Terrace Dr.., Dallas, TX, 75243 $499,900 6 4 -- 0.19 Acre

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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 09/05/2026 @ 23:40

MLS: 573058470 LISTED BY: Wister Wong, Grand Ark LLC 817-858-0055 SOURCE: NTREIS - North Texas Real Estate Information

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