Dallas, TX 75204 1006 Grigsby Avenue
$880,000
20 more
- MLS# 21213612
- 03/23/2026
Presented By: Compass RE Texas, LLC.
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Beds • 7
Full/Half Baths • 4 / 1
Garage • 2
Year Built • 1933
Home Details
Looking for an investment property to add to your portfolio? This is a great property in the midst of a multi-unit location. This property is a large 5 bedroom house with separate guest quarters above the detached garage that has two bedrooms as well. The garage unit was used by owner as an AirBNB, until they moved out and went full investment property, making the property very versatile!
The home boasts so many upgrades and it beautiful throughout. Multiple fireplaces and living areas bring the old world charm combined with modern updates create a beautiful home. The two bedroom guest quarters above the garage are also updated and bring privacy if you want to use the property as an in-law or income producing property.
Tenants are willing to stay with new ownership as they bring in $5000 monthly for the whole property, and are great tenants that allow management to be hands off.
Presented By: Compass RE Texas, LLC.
Interior Features for 1006 Grigsby Avenue
Bedrooms
Total Bedrooms7
Bathrooms
Half Baths1
Total Baths5
Other Interior Features
Fireplace FeaturesGas Starter
FlooringWood
Interior FeaturesBuilt-in Wine Cooler, Cable TV Available, Chandelier, Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available, In-Law Suite Floorplan, Kitchen Island, Natural Woodwo
Lock Box TypeNone
Occupancy Rate100
Total Units2
Unit Count2
Window FeaturesBay Window(s), Window Coverings
General for 1006 Grigsby Avenue
# of Buildings2
Accessory Unit TypeAccessory Dwelling Unit (ADU)
Accessory Unit Y/NYes
AppliancesBuilt-in Refrigerator, Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Ice Maker, Microwave
Capitalization Rate4.12
CityDallas
Complex NameN A
Construction MaterialsWood
CoolingCeiling Fan(s), Central Air, Electric
CountyDallas
DirectionsGPS works well with address.
Elementary SchoolZaragoza
Elementary School NameZaragoza
Exclusionspersonal property
Full Baths4
Gross Annual Expenses1200.00
HOA TypeNone
HeatingCentral, Natural Gas
High SchoolNorth Dallas
Insurance Expense6500
LevelsTwo
Listing Terms1031 Exchange, Cash, Conventional, Owner Carry Second, Owner Will Carry, Other
Number of Garage Spaces2
Occupant NameTENANT NAME
Occupant TypeTenant
Pool Y/NNo
PossessionUpon Completion
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictDallas ISD
Security FeaturesCarbon Monoxide Detector(s), Fire Alarm
Standard StatusActive Under Contract
StatusActive Option Contract
Subdivision NameAvenue Heights
TenancyLease While on Market, Month to Month
Unexempt Taxes15997
UtilitiesCity Sewer, City Water, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1933
Year Built DetailsPreowned
Exterior for 1006 Grigsby Avenue
Attached Garage Y/NNo
Building Area Total3264.00
Covered Spaces2
Exterior FeaturesAwning(s), Balcony, Covered Deck, Covered Patio/Porch, Private Yard
FencingBack Yard, Privacy, Wood
Foundation Bois DArc Post
Garage Y/NYes
Lot Size Acres0.1720
Lot Size Area0.1720
Lot Size Square Feet7492.3200
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesAlley Access, Asphalt, Garage, Garage Faces Rear
Patio And Porch FeaturesCovered, Deck
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
High School
N/A
Elementary School
Zaragoza Elementary School
Suzanne Smith
Broker/Owner