2210 Eugene Street
About This Property
Great investment property with strong income potential in the heart of Dallas! This unique 4-bedroom home offers approximately 1,596 sq ft of living space on a spacious 8,012 sq ft lot. Originally built in 1923, the property features recent updates while maintaining its character and charm.
The owner added a second story with two additional rooms, creating flexible living space perfect for extended family, office use, or rental opportunities. A second bathroom was started but was not finished and offers the next owner the opportunity to finish and add even more value.
The detached rear structure provides endless possibilities - ideal as a separate living quarters, guest house, workshop, or potential 3-car garage with storage. The main house is already tenant occupied, making this an excellent opportunity for investors seeking immediate rental income with additional upside potential.
Conveniently located near major highways, shopping, dining, and downtown Dallas. Great opportunity for investors, multi-generational living, or buyers looking for a property with expansion potential!
The spacious lot provides room for outdoor enjoyment, future enhancements, or expansion possibilities, subject to buyer verification. Whether you are looking for a primary residence or an addition to your real estate portfolio, this property presents an excellent opportunity in a growing Dallas market.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Listed by Dave Perry Miller Real Estate | $230,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017