Dallas Duplex with ADU Potential

This property is being offered off-market at $375,000 — below where it would be listed on the MLS. A traditional MLS listing would likely start above $400,000, but would also require approximately 6% in agent commissions split between both sides. By selling directly, both the buyer and seller avoid that cost. The seller would rather pass those savings on to someone they know than to a distant investor with no connection to the property or community.

Tenants In Place — Zero Vacancy Risk
Both units are currently leased with strong terms: one through December 2026 and the other through January 2027. You will begin collecting $2,675/month in rental income from day one with no re-leasing risk on the horizon. This is immediate, reliable cash flow — rare in today's market.

Pricing & Valuation
The property appraised at $475,000 three years ago. While home price appreciation has plateaued since then, that appraisal was considered accurate at the time. At $375,000, you're acquiring a property that has historically commanded significantly more.

ADU Upside — Opportunity Remaining
The property includes two detached garages — one is a large two-car garage that is ideal for conversion to an Accessory Dwelling Unit (ADU). The seller has completed this exact conversion on another Dallas duplex and describes it as extremely profitable. This upgrade has not yet been made here — intentionally — leaving the next owner the opportunity to capture that rental income upside. Converting the garage to a third rentable unit could significantly improve both monthly cash flow and overall property value.

Financing Advantage — Fiduciary Financing
The seller operates Fiduciary Financing, a licensed lending firm. If you choose to finance through them, they have committed to locking your origination fee at just 0.50% — approximately 1% lower than the industry standard. On a $350,000 loan, that's roughly $3,500 in savings at closing. The seller will not receive any revenue from your loan — this is structured purely as a buyer benefit with no conflict of interest.

This is a stabilized, income-producing asset with below-market pricing, zero near-term vacancy, and a clear value-add opportunity via the garage ADU conversion. The seller is motivated to place this property with someone they trust at a fair price — not to maximize a bidding war. Opportunities like this rarely reach the open market for a reason.

Location:

3709 & 3711 Mount Royal St., Dallas, TX 75211