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    Victorian Live-Work Home with Guest House Title is generated by Realmo AI

    2315 Routh Street, Dallas, TX 75201

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    Claim this Listing
    For Sale
    $1,900,000

    SINGLE_FAMILY - Dallas, TX

    Type:Office
    Property size:
    2,910 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $652/SF
    Added:
    May 27, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 6 at 1:06 pm

    Property Features for 2315 Routh Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Carport, Gated, On Street, Alley
    Standard status
    Active
    APN
    00000113113000000
    Size
    2,910 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Description
    THOMAS BLK D/550 PT LOTS 5 & 6 50X100 ROUTH &
    Tax Annual Amount
    29544

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1899
    Floors in Building
    3
    Number of units
    1
    Flooring type
    Wood
    Building materials
    WoodSiding
    Roof type
    Composition

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    Listing Contact
    Mary Alice Garrison

    Listing agent Mary Alice Garrison License #0638680

    Listing office Allie Beth Allman & Assoc. Dallas, TX

    Listing date May 27, 2026

    MLS# 21065476

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Victorian home built in 1899 in the historic State Thomas neighborhood of Uptown
    • Zoned for residential or commercial use; currently configured for residential
    • 1st floor features formal living with fireplace, updated kitchen with Sub Zero refrigerator and Aga range, and dining/living spaces
    • Hidden staircase leads to a wine room with built‑ins and fireplace; multiple French doors to a covered porch and turfed backyard
    • 3rd floor offers a bedroom with ensuite bath plus balcony; 2nd floor currently set up with 4 offices, half bath, and laundry (plans available to reconfigure)
    • Additional 638 SF guest house with fireplace and full bath, plus a 2‑car carport and space for up to 4 cars total (2 covered)

    Overview

    Built in 1899 and carefully maintained, this historic Victorian live-work property blends welcoming residential interiors with flexible work space. The first floor features formal living with a fireplace and pocket doors, plus an updated kitchen with Sub Zero refrigerator and an Aga range, surrounded by informal living and dining. A hidden staircase behind the bookshelf leads down to a wine room with built-ins and a fireplace. Three sets of French doors open to a covered porch with a ceiling fan and a turfed backyard.

    The second floor is currently configured with four offices, a half bath, and laundry, and plans are available to convert the layout to a two- or three-bedroom configuration. The third floor includes a bedroom with an en-suite bath and a balcony. An additional 638 square feet includes a guest house with a fireplace and full bath, and there is a 2-car carport with extra space above that could support office or living use.

    Zoned for residential or commercial use, the property is currently operating as a residence while maintaining strong office functionality. Access and parking include a carport for two vehicles and space for four cars total, with two covered. Located in the historic State Thomas neighborhood of Uptown, it’s within walking distance to Whole Foods and the surrounding shopping and dining.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $298.2k $102.48
    − Vacancy −$75.2k −$25.82
    EGI $223.1k $76.66
    − OpEx −$55.8k −$19.16
    NOI $167.3k $57.49
    2,910 SF · lease $102.48/SF/yr · vacancy 25.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.39M
    $2.09M – $2.79M (±1% cap)
    NOI $167,300 @ 7.0% cap · market cap 8.81%
    Second Best
    Apartment 5plus
    $632.1K
    $553.1K – $737.5K (±1% cap)
    NOI $44,249 @ 7.0% cap · market cap 2.33%
    Theoretical Best
    Office A
    $3.49M
    $3.06M – $4.07M (±1% cap)
    NOI $244,423 @ 7.0% cap · market cap 12.86%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Colonial Oaks Senior ... Geriatric Care Provider

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.800326
    Latitude
    32.7948

    FAQs

    What type of property is this?
    Live-work space - Historic Victorian offers residential comfort plus office-ready space, including a wine room and an attached guest house.
    Where is this live-work space located?
    The property is located at 2315 Routh Street Dallas, TX.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Victorian home built in 1899 in the historic State Thomas neighborhood of Uptown; Zoned for residential or commercial use; currently configured for residential; 1st floor features formal living with fireplace, updated kitchen with Sub Zero refrigerator and Aga range, and dining/living spaces
    More about this property
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