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Melissa Williams

melissawilliams@epique.me +1(469) 240-2248

$ 449,000

Est. payment | -/mo

4 Beds

4 Baths

5,662 Sqft Lot

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$ 449,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

5,662 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Springtree Add

MLS Listing ID 21390542

Bedrooms 4

Full Baths 4

HOA Y/N None

Total Fin. Sqft 2490

Year Built 1982

Annual Tax Amount $4,954

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 75X120

Property Sub-Type Duplex

Property Description

INVESTMENT OPPORTUNITY – TURNKEY DUPLEX WITH LEASED UNITS. Excellent opportunity to own an income-producing duplex in the Springtree neighborhood zoned to Richardson ISD schools!. This full duplex features two spacious 2 Bedroom, 2 Bath units (2,490 total SF) offering immediate, stable income with SIGNIFICANT built-in upside and an attractive opportunity for an investor seeking an established rental property. 11414 (1,300 SF) is leased for $1,700 per month, while 11416 (1,190 SF) is leased for $1,650 per month notably below the surrounding submarket, where comparable dated units rent for approximately $1,800 per month and renovated units command $2,000-$2,200 per month. This rent gap represents a clear, low-risk path to increased cashflow through gradual lease adjustments or a light value-add renovation program. Recent updates include a new roof in 2026 (~$25K) and new HVAC system for 11414 (~$6K). Convenient access to North Central Expressway, nearby employment centers, shopping, and dining. A rare opportunity to acquire a stabilized, income-producing asset with meaningful upside in one of Dallas's most consistent rental corridors. Contact the listing agent for additional property, lease, and financial details.

Location

State TX

County Dallas

Direction Use GPS

Interior

Interior Features Decorative Lighting, Vaulted Ceiling(s)

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank

Fireplaces Number 2

Fireplaces Type Brick, Wood Burning

Appliance Dishwasher, Electric Range

Heat Source Central, Natural Gas

Exterior

Garage Spaces 4.0

Fence Wood

Utilities Available City Sewer, City Water, Electricity Available, Individual Water Meter, Natural Gas Available

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Forest Lane

Middle Schools Forest Meadow

High Schools Lake Highlands

School District Richardson Isd

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21390542

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by John West • West Residential Realty, LLC

NEARBY SCHOOL & BUSINESS

+1(469) 240-2248

melissawilliams@epique.me

Dallas

11416 Summertree Lane Dallas, TX 75243

Melissa Williams

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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11416 Summertree Lane