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541 Woolsey Drive
About This Property
This spacious single-story residence features 4 bedrooms, 3 full bathrooms, and 2 living areas. Beautiful wood floors run throughout the open floor plan. The seamless open floor plan offers generous natural light and clean sightlines into the completely reimagined chef's kitchen.
The kitchen serves as an impressive focal point, centered around an oversized beautiful island with stark black-and-white quartz counters, under-cabinet lighting, sleek white shaker cabinetry, stainless steel appliances, a gas range with a chimney vent hood, and a chic mosaic tile backsplash. Vibrant ruby pendant lights add a retro pop, bridging classic vintage design with modern sophistication. The updated bathrooms decor is stunning with high end finishes, and staying true to the home's original theme.
Set against Wynnewood North's signature graceful streetscapes and mature trees, this home offers midcentury character paired with all the benefits of a modern renovation. Walk up to it's classic red brick, corner lot with big manicured front and side yard, up to a cute covered front porch. Roof was replaced in 2019, newer water heater, and most of the plumbing was updated to PVC.
You will love the vibrant, cohesive neighborhood, working to become a designated conservation district. Enjoy urban convenience paired with suburban charm. Located just 10 minutes from Downtown Dallas, you're only a short drive to the vibrant energy of the Bishop Arts District, the Dallas Zoo, and the new Halperin Park deck park. Quick access to major thoroughfares makes commuting a breeze while keeping you connected to the very best of North Oak Cliff culture. See it and love it!
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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%.
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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 |
|---|---|---|---|
| Oct 23, 2026 | Listed by Compass RE Texas, LLC. | $750,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017