Welcome to 315 N Montreal Avenue, a timeless 1940s Dilbeck-style Austin stone home nestled in the highly sought-after L.O. Daniels neighborhood of North Oak Cliff. Set on a generous 7, 100 sq ft lot, this 3-bedroom, 2-bath residence seamlessly blends classic architectural character with modern-day flexibility, ideal for today’s lifestyles. Original hardwood floors, fresh 2024 interior paint, and abundant natural light highlight the home’s unique split-level design. The spacious living room centers around a striking stone fireplace, creating a warm and inviting gathering space. The upstairs primary suite offers privacy and charm with vintage tile accents, dual closets, and a bonus area, perfect for a nursery, home office, studio, or retreat space. Two additional bedrooms on the lower level share a beautifully preserved mid-century tiled bathroom. The kitchen flows into a cozy sunroom and opens to a lush, tree-shaded backyard featuring both a side deck and rear patio, ideal for entertaining, relaxing, or everyday enjoyment. Exceptional Flexibility & Income Potential: In addition to the main residence, the property has a detached tiny home with a private entrance. Operating as a successful short-term rental, this space offers outstanding versatility for guest accommodations, extended family, a private workspace, or future income use. The main home is thoughtfully staged and designed with generous living and sleeping capacity, making it suitable for families, multigenerational living, or those seeking flexible space. Located just minutes from Bishop Arts District, Coombs Creek Trail, Stevens Park Golf Course, and downtown Dallas, this home delivers the perfect balance of neighborhood charm and city convenience. Dallas ISD, including historic Sunset High School. Live in the main home, generate income, or enjoy flexible multigenerational living, this is a rare North Oak Cliff opportunity offering character and versatility in one move-in-ready package.