11416 Summertree Lane, Dallas, Texas, 75243

Listed by West Residential Realty, LLC, John West, 214-718-7889
$449,000
2,490 Sqft
0.13 Acres
4 bd
4 ba
#21390542
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.

PROPERTY FEATURES

  • 2 Unit(s)
  • Utilities : City Sewer,City Water,Electricity Available,Individual Water Meter,Natural Gas Available
  • Parking Features: Alley Access,Garage,Garage Door Opener,Garage Faces Rear
  • 4 Parking Space(s)
  • Has Garage
  • 4 Garage Spaces
  • Has Attached Garage
  • 4 Covered Spaces
  • Fencing : Wood
  • Lot Features : Composition
  • Cooling: Central Air,Electric
  • Heating : Central,Natural Gas
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Interior Features: Decorative Lighting,Vaulted Ceiling(s)
  • Fireplaces Number : 2
  • Fireplace Features: Brick,Wood Burning
  • Appliances : Dishwasher,Electric Range
  • Flooring : Carpet,Ceramic Tile,Luxury Vinyl Plank
  • Levels : One
  • Green Verification Count : 0
PROPERTY DETAILS
ID: 21390542
Status: Active
Price: $449,000
Acres: 0.13 Acres
Price Per Acre: $3,453,846
Type: Multi-family
Address: 11416 Summertree Lane
City, State: Dallas, Texas
County: Dallas
Zip Code: 75243
Lat/Long: 32.903955, -96.719066
Presented By: John West
Phone: 214-718-7889
Email: Click to Contact