2433 Southwood Drive, Dallas, Texas

$599,000

0.29 Acres
1,139 Sqft.
2 Bedrooms
2 Bathrooms
Built in 1952
6 Days on Market

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Some properties simply offer more, and this one delivers an opportunity that's hard to replicate. Nestled beneath a canopy of mature trees in an established neighborhood near Kiest Park, this unique property features three separate living spaces, making it an exceptional option for investors, multigenerational living, or buyers looking to offset their mortgage with rental income. The main residence offers approximately 1,139 square feet with two bedrooms and one beautifully updated bath. Refinished hardwood floors, fresh interior paint, abundant natural light, and a new roof create a warm, move-in ready foundation. Spacious living and dining areas flow into the thoughtfully renovated kitchen featuring quartz countertops, custom cabinetry, stainless steel appliances, and a striking emerald tile backsplash. Beyond the main home, the detached apartment has been completely refreshed into a stylish one-bedroom, one-bath residence with its own full kitchen, living area, mini-split HVAC, private laundry, and separate entrance. Perfect for long-term rental income, guests, or independent living. An additional detached studio offers even more flexibility with a full kitchen, bathroom, private laundry, mini-split system, and dedicated living space, ideal for a home office, creative studio, guest suite, or another income-producing opportunity. Outside, the expansive backyard is shaded by mature trees and designed for gathering, with a fire pit area perfect for quiet evenings or weekend get-togethers. Gated alley access provides secure parking for two vehicles behind the fence, while the front driveway accommodates an additional three to four vehicles. Whether you're looking to house hack, build your investment portfolio, create space for extended family, or simply own a property with exceptional versatility, opportunities like this are few and far between. One property. Three living spaces. Endless potential.

School District: Dallas ISD

Dallas MLS #: 21374027

Representing the Seller: Listing Agent Emily Ruth Cannon; Listing Office: Compass RE Texas, LLC

Representing the Buyer: Contact realtor Douglas Newby of Douglas Newby & Associates if you would like to see this property. Call: 214.522.1000 Text: 214.505.9999

Property Overview

  • Listing Price: $599,000
  • MLS ID: 21374027
  • Status: For Sale
  • Days on Market: 6
  • Updated: 9/2/2026
  • Previous Status: For Sale
  • MLS Start Date: 9/1/2026

Property History

  • Current Listing: $599,000

Interior

  • Number of Rooms: 2
  • Full Baths: 1
  • Half Baths: 0
  • Interior Features:

    Built-in Features

    Eat-in Kitchen

  • Flooring:

    Tile

    Wood

Parking

  • Parking Features:

    Assigned

    No Garage

    Off Street

Location

  • County: Dallas
  • Directions: From Hampton go west on Southwood and the property is on the left hand sign.

Community

  • Home Owners Association: None

School Information

  • School District: Dallas ISD
  • Elementary School: Webster
  • Middle School: Brown
  • High School: Kimball

Heating & Cooling

  • Heating/Cooling:

    Central

    Electric

Utilities

  • Utility Description:

    Cable Available

    City Sewer

    City Water

    Electricity Available

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Size (Sqft.): 12,458.16

Financial Considerations

  • Price per Sqft.: $526
  • Price per Acre: $2,094,406
  • For Sale/Rent/Lease: For Sale

Disclosures & Reports

  • Legal Description: SOUTHWOOD ESTATES 1 BLK A/6038 LOT 6
  • APN: 00000494005000000
  • Block: A6038

If You Have Been Referred or Would Like to Make an Introduction, Please Contact Me and I Will Reply Personally

Douglas Newby represents clients with Dallas estate homes, architect designed homes and modern homes. Call: 214.522.1000 Text: 214.505.9999

Listing provided courtesy of North Texas Real Estate Information Systems (NTREIS)

We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an ‘as is, as available’ basis only.