Rare opportunity to own your own income producing, completely updated 1,993 SF duplex, a 7,000 SF warehouse with electricity and 2 additional lots in the hot West Dallas sector next door to Megatel's highly anticipated Soho development. All property is contiguous and ready for immediate development or to be used as a buy and hold opportunity for an investor seeking to earn passive income. The duplex brings in approx $39,000 gross income per year. Warehouse can also easily be rented out for an additional $48,000 gross income per year. There is potential to tear it all down and build 4 to 5 high end, income producing duplexes on the property. Incredible value in the land. Contact listing agent for more details.
Multi-familyProperty Type
2020Year Built
0.58 acresLot Size
$288Est. Price/Sq.Ft.
10 spacesParking
Listed by JP Findley• Rogers Healy and Associates
Bought with JP Findley• Rogers Healy and Associates
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
—
Sq. Ft.
—
Year built
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Style
Multi-Family (5+ Unit)
County
Dallas County
APN
00000702625000000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Nov 29, 2021.
IR
Industrial/Research District
To provide for research and development, light industrial, office, and supporting commercial uses in an industrial research park setting. This district is not intended to be located in areas of low and medium density residential development.
Permitted uses
Include but are not limited to:
Gas station
Day care facility
Manufacturing
Warehouse
Office
Medical office
Research & development
Fire house
Police station
Post office
Apr 26, 2025 • Final
Phase - alteration addition
Change the use of the structure from a single-family home to a commercial office. Provide required parking spaces on the adjacent vacant lot as shown on the site plan. No interior remodeling or structural modifications are included in this scope.
Remodel
Apr 26, 2025 • Final
Commercial alteration addition
Change the use of the structure from a single-family home to a commercial office. Provide required parking spaces on the adjacent vacant lot as shown on the site plan. No interior remodeling or structural modifications are included in this scope.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Cable TV Available, Decorative Lighting, Dry Bar, Flat Screen Wiring, High Speed Internet Available, Window Coverings
# of Fireplaces: 2
Fireplace Features: Decorative, Electric
Flooring: Ceramic Tile, Wood
Heating & Cooling
No A/C, No Heat, Space Heater, Window Unit
Multi-Unit Information
# of Units: 2
# of Units: 2
Capitalization Rate: 4.81
Gross Annual Expenses: $1,400
Gross Annual Income: $39,000
Insurance Expense: $840
Net Annual Income: $36,760
Total Annual Expenses Include: Electric, Gas, Water/Sewer/Trash
Unit Type 1 Information
Sq. Ft.: 893
# of Baths (Full): 1
# of Bedrooms: 1
Master Bedroom Dimensions:
Dining Area Dimensions:
Kitchen Dimensions:
Living Area Dimensions:
Lease: 1400
# of Units: 1
Unit 2 Information
Sq. Ft.: 1,100
# of Baths (Full): 1
# of Bedrooms: 2
Master Bedroom Dimensions:
Dining Area Dimensions:
Kitchen Dimensions:
Living Area Dimensions:
Living Area Width: 0
Lease: 1850
# of Units: 1
Exterior
Building Information
Pre-Owned
# of Buildings: 1
Building Area Source: Owner
Foundation: Slab
Exterior Features
Covered Deck, Covered Porch(es), Deck, Gazebo/Pergola, Outdoor Living Center, Patio Covered, Patio Open, Storage Building
Roof: Composition
Exterior Construction: Vinyl Siding
Property Information
Has Accessory Unit
Accessory Unit Type: Other (See Remarks)
Accessory Unit SF: 7,000
Exclusions: Properties included in this listing are 2406 Vilbig Rd - duplex and warehouse, 1731 Pablo St and 1736 Pablo St
Tenancy: 9 Months or Less, Written Application Only
Property Features
# of Stories: 1
Built-In Microwave, Cooktop (Gas), Dishwasher, Disposal, Double Oven, Oven (Electric), Plumbed for Gas in Kitchen, Refrigerator, Water Line to Refrigerator
Has Security System
Security Features: Smoke Detector
Lot Information
Block: 77252
Lot Number: 1
Features: Corner, Large Backyard Grass, Some Trees, Subdivision
Size: 0-.5 Acre
Lot Size Units: Acres
Area: 0.580
Area Sq. Ft.: 25,264.8
Parcel Number: 00000702625000000
Financial
Tax Information
Tax Legal Description: JOSEPH P LYNCH BLK 7/7252 LTS 1 & 7 MUNCIE-VI
Unexempt Taxes: $1,228
Financial Information
Financing Proposed: Cash, Conventional
Utilities
Utility Information
City Sewer, City Water, Concrete, Gravel/Rock, Master Water Meter
Location
School Information
Intermediate School Name: Patton
Junior High School Name: Pinkston
High School Name: Pinkston
Primary School Name: Bonham
School District: Dallas ISD
Location Information
Subdivision Name: Joseph P Lynch
Complex Name: Joseph P Lynch
Country: United States
Directions: From I-30, Right Hampton Rd., Right on Singleton, Right on Vilbig.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Dallas County
APN: 00000702625000000
Home facts updated by county records on Nov 29, 2021
Around this home
Schools
Jesus Moroles Expressive Arts Vanguard
Public PreK-8 • Assigned • 0.5mi
7/10
L G Pinkston High School
Public 9-12 • Assigned • 0.8mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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