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12517 Hornbeam Drive

Dallas, TX 75243

$375,000

2 units · 1977

Units2
Building area3,416 sq ft
Year built1977
Gross income$34,800/yr
Cap rate4.8% as listed
Parking4 spaces
Lot size0.298 acres
TypeDuplex

What it costs to own

Taxes$9,767 per year
HOANone listed
Operating expenses$11,000 per year — as listed
Insurance$5,800 per year — as listed
Net operating income$18,000 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

FIXER UPPER DUPLEX. Cash-flowing from day one! Future Airbnb potential. No HOA, priced under market value for a quick sale. Calling all Investors: Instant equity with immediate income!

This rare, full-sized duplex at 12517 Hornbeam Drive offers an incredible opportunity to build instant equity while collecting rent. Spanning a massive 3,416 sq. ft. with a highly desirable 6-bedroom, 4-bathroom footprint (ideal 3 bed, 2 bath layout per side), the property is currently tenant-occupied and bringing in $2,900 per month in gross rent.

Priced aggressively for a fast sale, this property boasts massive upside. Collect your immediate income while planning your cosmetic rehab to force appreciation. Whether you are looking to flip for a solid margin (estimated ARV in the high $500s) or hold and bump the current below-market rents to create a lucrative cash-flow machine (projected market rents of $5,000+ per month), the numbers make sense.

Please do not disturb tenants. Showings require 24-hour notice (or showings granted with an accepted offer). No blind offers. Proof of funds required with all offers. Seller will not make any repairs.

Property Highlights:
Immediate Income: Currently generating $2,900 a month, allowing you to cash-flow from day one while you plan your updates.
Massive Footprint: 3,416 sq. ft. of living space offering generously sized rooms and living areas.
Value-Add Canvas: Needs TLC and cosmetic rehab—perfect for forcing appreciation and eventually raising rents to the $5,000+ per month market rate.
Prime Location: Conveniently tucked away while offering immediate access to I-635, US-75, Texas Instruments, and major North Dallas employment hubs.

Properties with this much upside and built-in cash flow do not last long in today’s market. Sold strictly AS-IS. Cash, hard money, or conventional portfolio loans preferred.

Don't miss out on this equity-builder—schedule your showing today!

The details

HeatingCentral
CoolingCentral Air, Electric
FlooringCarpet, Ceramic Tile
AppliancesElectric Cooktop, Electric Oven
Interior featuresCable TV Available, High Speed Internet Available, Walk-In Closet(s)
Fireplace2 · Living Room

Construction materialsBrick, Frame, Siding, Wood
RoofComposition, Shingle
FoundationSlab

Lot featuresInterior Lot
FencingFenced
Water sourceCity Water, Individual Water Meter
SewerCity Sewer
ElectricElectricity Connected
UtilitiesIndividual Gas Meter

SubdivisionRichland Mdws Add

ElementaryForestridge
Middle schoolLiberty
High schoolBerkner
DistrictRichardson ISD

Gross income$34,800 per year
Operating expenses$11,000 per year
Insurance$5,800 per year
Cap rate4.8% — as listed
Net operating income$18,000 per year

MLS #21378183
Source
Price changeReduced by $20,000 · Oct 22, 2026
On the market11 days
CountyDallas

Around this home

One moment…

Everyday life

Nearest groceryHong Kong Market Place · 0.7 mi
Nearest parkFriendship Park · 0.1 mi

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Listing courtesy of Grand Ark LLC — Wister Wong.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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What a listing cannot tell you: the street, the timing, the leverage. That is our work.

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21378183. Information last updated October 22, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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