Victorian Live-Work Home with Guest
2315 Routh Street Dallas, TX 75201
2315 Routh Street, Dallas, TX, 75201
$1,900,000
For Sale
$1,900,000
SINGLE_FAMILY - Dallas, TX
Property Size2,910 SF
Lot Size0.12 Acres
Price / SF$652.92
Days on Market27
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
Listing agency
Allie Beth Allman & Assoc.
(214) 521-7355
Listed by
Mary Alice Garrison · License #0638680
(214) 528-2500
Added: Jun 26 Checked: Jul 22 at 12:06PM
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.
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- Victorian home built in 1899 in the historic State Thomas neighborhood of Uptown
- Zoned for residential or commercial use; currently used as a residence
- Updated kitchen with Sub Zero refrigerator and Aga range
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
NOI $167,300 @ 7.0% cap · market cap 8.81%
Second Best
Mixed Use
$548.7K
$480.2K – $640.2K
NOI $38,412 @ 7.0% cap · market cap 2.02%
Theoretical Best
Office A
$3.49M
$3.06M – $4.07M
NOI $244,423 @ 7.0% cap · market cap 12.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Colonial Oaks Senior ...
Geriatric Care Provider
Similar For Sale Nearby
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 used as a residence; Updated kitchen with Sub Zero refrigerator and Aga range
