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About the Listing WCRE01 - 0575270
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.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Dishwasher, Electric Range
- Air Cond: Central Air,Electric
- Heating: Central,Natural Gas
- Fireplaces: 2, Brick,Wood Burning
- Floor: Carpet,Ceramic Tile,Luxury Vinyl Plank
- Basement:
- Other: Decorative Lighting,Vaulted Ceiling(s)
- Water:
Exterior Details
- Lot Description: Less Than .5 Acre (not Zero)
- Garage Capacity: 4 car
- Parking Spaces: 4
- Lot Dimensions: 75X120
- Roof: Composition
- Others: Preowned
- Sewer:
- Parking Features: Alley Access,Garage,Garage Door Opener,Garage Faces Rear
Financial Details
- Tax Amount: $4,954
- Taxes w/Assessments: N/A
- Tax/Property ID: 0080990B000220100
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
11416 Summertree Ln Dallas, TX 75243
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