8 months on rocket

401 N Polk St, Dallas, TX, 75208

$574,000

Home List Price

$6,816*

Closing Credit

5 Bedrooms
3 Full Baths
Multi
Schools Nearby

Location

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401 N Polk St, Dallas$574,000

Buyer Closing Credits

$6,816*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingConcrete
Year Built1923
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #20404763
Lot Size0.12 Acres
StatusActive

About 401 N Polk St

This airbnb home has been updated to modern standards that allows it to be a cash cow on airbnb. Since 2020 this home has brought in $291,000 in revenue. It can be sold as is to keep the listing and airbnb going or it can be put back on the market as a two separate unit rental. Either way the home is in a high demand area and has had all the heavy lifting items taken care of such as the flooring, many electrical and plumbing upgrades. There is a private entrance to the upstairs if you want to split the leases. The owner upgraded the home in many ways but the one thing that really makes this property succeed is the location. It is only minutes away from the fastest growing area in Dallas right now. Bishop Arts is pulling in all sorts of people that are willing to pay a high rent to be close to the action. Here is your chance to get into a Muti family in this hot area for a competitive price. Look up house hacking and you will see this home is perfect for that strategy.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 2

Listing Office:

  • Office Name: Dream Team Leasing and Realty
  • Office Phone: (214) 808-1119
  • Listing Agent: Sean Ray

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven
  • Flooring Type: Wood
  • Interior: Granite Counters, High Speed Internet, Pantry, Wired for Sound

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Concrete

Virtual/3D Tour

  • Virtual Tour: 401 N Polk St

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Sunset High School, Public District Grades 9-12
  • Greiner Exploratory Arts Academy, Public Magnet Grades 6-8
  • Rosemont Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: From Davis drive South on Polk and it is on the West side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $574,000

Tax Information:

  • Annual Amount: $7,669
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Dallas, TX.

Med. Sold Price

$249K

Med. Price/SqFt

$149

Avg. Days On Market

37

# of Sold Homes

945

401 N Polk St vs Dallas

265 DAYS ON ROCKET

+228 Days

$574,000

+$325K More

KEY TAKEAWAY

This property is $325K more than the Median Sold Price in Dallas, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20404763

Listing Office:

  • Office Name: Dream Team Leasing and Realty
  • Office Phone: (214) 808-1119
  • Listing Agent: Sean Ray

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/2/2024, 12:15:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,669$295,000
2019$8,438$308,670
2018$7,071$248,520
2017$3,095$113,830

History based on county public records data.

Payment Calculator

$2,932

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,787

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4749268
6
/10
  • Rosemont Elementary School

  • 719 N Montclair Ave

  • 0.48 miles

  • Public District Grades 3-5

Middle School

school-card-donut-4749269
7
/10
  • Greiner Exploratory Arts Academy

  • 501 S Edgefield Ave

  • 0.64 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4749270
4
/10
  • Sunset High School

  • 2120 W Jefferson Blvd

  • 0.85 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,226. Most Dallas, TX residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesTexasDallas CountyDallas75208401 N Polk St

This home is located at 401 N Polk St in Dallas, TX and zip code 75208 in the Winnetka Heights neighborhood. This home, which was built in 1923, sits on a 0.12 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 11, 2023 and is currently priced at $574,000.

In April 2024, from all listings sold in Dallas, TX there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. In April 2024 in Dallas, TX there were 15.8% more homes for sale than in March 2024. Listings spent 37 days on the market in April 2024, and had a median list price of $249,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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