704-702 Blaylock Drive

Dallas, TX 75203

$665,000
Price
5
Beds
3
Baths
1,960 Sq. Ft.
$339 / Sq. Ft.
1,960
Sq. Ft.
$339
per Sq. Ft.

Description

Investors, don’t miss out on this income-generating, free-standing duplex with no HOA . Situated just 5 minutes from Bishop Arts and Downtown Dallas, and facing Lake Cliff, this property offers excellent rental potential. You have the option to lease both units or live in one while renting out the other for monthly cash flow. The left side features 3 spacious bedrooms, 2 full baths, vaulted ceilings, and an open floor plan, along with a fully equipped kitchen and a 2-car garage. Currently leased...Investors, don’t miss out on this income-generating, free-standing duplex with no HOA . Situated just 5 minutes from Bishop Arts and Downtown Dallas, and facing Lake Cliff, this property offers excellent rental potential. You have the option to lease both units or live in one while renting out the other for monthly cash flow. The left side features 3 spacious bedrooms, 2 full baths, vaulted ceilings, and an open floor plan, along with a fully equipped kitchen and a 2-car garage. Currently leased for $2,250 (below market value) through October 2025. The right side includes 2 bedrooms, 1 full bath, and a 1-car garage, leased for $1,880 through July 2025. Both units have been completely remodeled in 2023, including a new roof and plumbing system all the way to the street. Please see list of updates in transaction desk.

Property Details for 704-702 Blaylock Drive

Subdivision Name
OAK CLIFF ORIGINAL
Pool
No
Garage Spaces
3
Number Of Parking Spaces
3
Lot Size Dimensions
78X100
LISTING UPDATED: 01/06/2025 06:39 PM

Property Details for 704-702 Blaylock Drive

StatusActive
MLS #20805076
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1963
Lot Size0.18 AC / 7,800 SF
CountyDallas County

Building Information for 704-702 Blaylock Drive

Stories1Residences2Year Built1963Building Size-Lot Size0.18 AC / 7,800 SF

Property Information for 704-702 Blaylock Drive

Summary
Location and General Information
  • Block: 40/3021
  • Complex Name: UNASSIGNED
  • Directions: Use GPS
  • Elementary School: James
  • Elementary School Name: James
  • High School: Adams
  • High School Name: Adams
  • Middle School: Garcia
  • Year Built Details: Preowned
  • School District: Dallas ISD
  • Geocode Confidence: Low
  • Latitude: 32.76
  • Longitude: -96.82
  • State: Texas
Parking
  • Garage Length: 33
  • Garage Width: 20
  • Parking Features: Garage
  • Attached Garage: Yes
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: OAK CLIFF ORIGINAL 40/3021 TR 5
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Vinyl
  • Heating: Electric
  • Interior Features: Open Floorplan
  • Appliances: Dishwasher, Electric Range, Microwave
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Frame
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Number Of Units Total: 2
  • Levels: One
Property
Utilities
  • Utilities: City Sewer
Property and Assessments
  • Financing Proposed: Cash, Conventional, FHA, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
Lot Information
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.1791
  • Lot Size Area: 7800.0
  • Lot Size Source: Builder
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 7800.0
  • Multi Parcel ID: No
  • Parcel Number: 00000249283000000
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 5.43%
  • Gross Annual Expenses: $11,000
  • Gross Annual Income: $49,560
  • Insurance Expense: $2,448
  • Net Operation Income: $36,112.00
Unit 1
  • Approximate SQFT: 1109.0
  • Average Lease Amount: $2,250.00
  • Dining Area Length: 1.0
  • Kitchen Length: 1.0
  • Living Area Length: 1.0
  • Master Bed Length: 1.0
  • Number Of Baths Full: 2
  • Unit Type Type: 3 Bedroom
Unit 2
  • Approximate SQFT: 851.0
  • Average Lease Amount: $1,900.00
  • Dining Area Length: 1.0
  • Kitchen Length: 1.0
  • Living Area Length: 1.0
  • Master Bed Length: 1.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom

Property History for 704-702 Blaylock Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 704-702 Blaylock Drive

This home is within Dallas Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
James Bowie Elementary School
PublicPK to 5

Hector P Garcia Middle School
Public6 to 8

W High Adamson High School
Public9 to 12

School Of Business And Management
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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704-702 Blaylock Drive is a multi-family home for sale in Dallas, TX 75203. This property was listed for sale on January 1, 2025 by Coldwell Banker Realty Plano, it's currently listed at $665,000. This listing's school district is Dallas Independent School District. Nearby schools include James Bowie Elementary School, Hector P Garcia Middle School and W High Adamson High School. 704-702 Blaylock Drive is a 5-bed, 3-bath, 1,960 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty Plano, Revital Dahan

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