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Kim Fernandez

kim@kimdfwrealtor.com +1(682) 209-3458

$ 449,000

Est. payment | -/mo

4 Beds

4 Baths

2,490 SqFt

Save

$ 449,000

Est. payment | -/mo

Save

4 Beds

4 Baths

2,490 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,490 sqft

Price per Sqft $180

Subdivision Springtree Add

MLS Listing ID 21390542

Bedrooms 4

Full Baths 4

Construction Status Resale

HOA Y/N No

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/Designer Lighting Fixtures, Vaulted Ceiling(s)

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank

Fireplaces Number 2

Fireplaces Type Masonry, Wood Burning

Fireplace Yes

Appliance Dishwasher, Electric Range

Exterior

Parking Features Alley Access, Garage, Garage Door Opener, Garage Faces Rear

Garage Spaces 4.0

Fence Wood

Pool None

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Forest Lane

Middle Schools Forest Meadow

High Schools Lake Highlands

School District Richardson Isd

Others

Tax ID 0080990B000220100

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(682) 209-3458

kim@kimdfwrealtor.com

Dallas

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11416 Summertree LN Dallas, TX 75243