Property
Beds
4
Full Baths
4
1/2 Baths
None
Year Built
1982
Sq.Footage
2,490
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.
Features & Amenities
Interior
-
Other Interior Features
Vaulted Ceiling(s)
-
Total Bedrooms
4
-
Bathrooms
4
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Brick
-
Parking
Alley Access, Garage, Garage Door Opener, Garage Faces Rear, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.13
-
Lot Size(square feet)
5,662
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$449,000
-
Tax Amount
$4,954
-
Sq. Footage
2,490
-
Price/SqFt
$180
HOA
-
Association
No
School District
-
Elementary School
Forest Lane
-
Middle School
Forest Meadow
-
High School
Lake Highlands
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
22
-
Water Source
Public
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Location
County
Dallas
Elementary School
Forest Lane
Middle School
Forest Meadow
High School
Lake Highlands
Listing Courtesy of John West, West Residential Realty, LLC
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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