13 Washington Street, Dallas VIC 3047

4-bedroom house in a 3-bedroom market | large 632m² block | no overlays | strong rental demand | positioned at the upper end of typical Dallas stock. This property presents a competitive configuration for the area, where four-bedroom houses are less common than three-bedroom offerings. Its land size is consistent with the local norm, but the additional bedroom provides a scarcity premium that aligns with family demand, supported by reliable infrastructure and school catchments. The house serves a buyer seeking either a long-term family home with room to grow or an investor targeting the robust rental market for larger dwellings in Dallas, where yields remain healthy due to sustained demand. The primary risk is the discrepancy in recorded bedroom counts, which must be physically verified to protect against valuation shortfalls. The absence of overlays simplifies due diligence. The commercial opportunity lies in acquiring a property type with inherent scarcity in its immediate micro-market, which should support capital stability. Given the comparable sales data, a purchase near the lower end of the estimated range would secure a logical entry point. Proceed with a standard building inspection and title review, as this property is suited for a buy-and-hold strategy, either as a principal residence or a rental investment. Recent sales of three-bedroom houses on Washington Street and nearby provide a clear benchmark: 26 Washington Street sold for $557,000 in January 2026, while another three-bedroom home on the street sold for $630,000 in October 2025. Other Dallas sales show three-bedroom homes typically transacting between $550,000 and $630,000, with four-bedroom homes reaching up to $650,000. This places the subject property’s estimated value of $620,000 within a credible range, but its fourth bedroom should command a measurable premium over the three-bedroom comparables, justifying a value toward the upper end of the suburb’s spectrum.