This Luxe Townhome Comes With An Upgrade — Rental Revenue

Oh my gorgeous. In this whacked-out real estate market — and it is a whacky GOOD one — it’s so interesting to come across a listing with a different angle. And a refreshing, income-producing angle at that. Join me, if you will, on this listing journey from Briggs Freeman International’s Melissa Jennings. It’s gold, baby, solid gold.

It’s a three-bedroom, three-and-one-half-bath townhome in Oak Lawn. Literally two blocks from Eddie V’s, Equinox, and all the other amazing restaurants and shops that Turtle Creek Village has to offer. It’s also six blocks south of Highland Park in an incredible Uptown location.

But the twist is it’s a two-in-one. The Seller added a small kitchen with a functioning tiny dishwasher, petite range and compact washer and dryer in the downstairs bedroom. Then he added a wall and a one-way lock so that bedroom is…you guessed it…an incredibly efficient, fully rentable home within a townhome. And it has a wonderful tenant that loves the set-up so much she’s willing to stay. OR if the new buyer prefers to reclaim that space, she’s also willing to settle elsewhere. 

What an opportunity though. You can live in Highland Park in a drop-dead gorgeous townhome and STILL bring in income to offset your mortgage. 

I semi-lost my mind talking to Jennings as we went on and on about all the ways you could use this space. Tenant, check. We’ve covered that. But what if you have an elderly parent? They can live downstairs while you take residence directly above. 

Or what if one of your kids wants to move back in? They can have their own space AND YOU CAN, TOO.

It could be your office or studio and in today’s “Are we ever going back to that place where we used to log 8+ hours a day???” world, that could be the work-home separation you’ve been seeking. 

The downstairs has its own entrance and dedicated parking space with the upstairs has a separate entrance from the two-car garage. Jennings said it’s only complicated on paper. Of course, if you want to do away with the wall and the one way lock and return this to one glorious townhome, you can definitely do that, too.

Back to the main living area, Jennings describes is as “chic, luxurious, and private.” There’s a stunning wall of glass that leads directly to the outdoor living space and a bathroom that rivals any you’ll find in top-rated spa. 

If these pictures and this opportunity aren’t wow-ing you. Well, you’re a tough customer. But consider this — there’s also a bonus walkable attic space that adds 250 additional square feet of unfinished space. Your seasonal décor never had it so good. 

If you’d like to explore this fabulous townhome, give Jennings a call. She’d be happy to show you around and she knows all the tricks.

The mega modern gem at 3815 Throckmorton Street is listed at $835,000.