4205 Prescott Avenue, Dallas, Texas

See All 14 Photographs

Timeless, renovated Tudor duplex (4BR-4BA total) in a premier Highland Park–adjacent location, 100% leased today with built-in flexibility; perfect for an owner-occupant who wants to enjoy one side while retaining rental income from the other, or for a boutique investor-1031 buyer seeking a prime, high-demand location with long-term upside. This high demand, ideal location blends classic architectural charm with thoughtful modern updates. This rare, mirrored residence offers warm, light-filled interiors with original Tudor details, hardwoods, and two living areas per unit—ideal flex space for a home office or media room. Updated baths feature sleek glass-enclosed showers, and the kitchens are designed for function and style with granite counters, dishwasher, refrigerator, washer-dryer, breakfast area, and a built-in coffee-wine bar accented by decorative lighting. An oversized dining room framed by charming wood bay windows is made for entertainment. Each unit includes a spacious primary suite with ample closet space, and the downstairs unit enjoys direct access to the outdoor living area for seamless indoor-outdoor living. Additional bedrooms with separate baths provide versatility for guests or work-from-home needs. Investment highlights are as follows. Stabilized occupancy: fully leased for day-one cash flow. Upside potential: in-place rents below current market for renovated 2-2 product nearby. Tenant appeal: large, usable yard with mature trees; downstairs unit has direct outdoor access and a private deck. Rare parking: four covered parking spaces (competitive advantage in this submarket). Walkable location: 1 block to The Shops of Highland Park for boutique restaurants and shopping, supporting long-term rental demand on a highly desirable street. Ideal for a homeowner, boutique investor or 1031 buyer seeking a defensive infill asset with durable demand and future income growth potential. This unique property won’t last long. Schedule your showing today!

School District: Dallas ISD

Dallas MLS #: 21153904

Representing the Seller: Listing Agent Andrea Miranda; Listing Office: Briggs Freeman Sothebys Intl

Representing the Buyer: Contact realtor Douglas Newby of Douglas Newby & Associates if you would like to see this property. 214.522.1000