11416 Summertree Lane, Dallas, TX 75243
Local realty services provided by:ERA Empower
Listed by: john west
Office: west residential realty, llc.
MLS#:21390542
Source:GDAR
Price summary
- Price:$449,000
- Price per sq. ft.:$180.32
About this home
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....
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Home facts
- Year built:1982
- Subdivision & Development:Springtree Add
- Listing ID #:21390542
- Added:57 day(s) ago
- Updated:November 15, 2026 at 01:04 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Ceramic Tile, Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Electric Range
- Living area:2,490 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1982
- Building area:2,490 sq. ft.
- Lot area:0.13 Acres
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Lake Highlands
- Middle school:Forest Meadow
- Elementary school:Forest Lane
Finances and disclosures
- Price:$449,000
- Price per sq. ft.:$180.32
- Tax amount:$4,954
Features and amenities
- Appliances:Dishwasher, Electric Range
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:4
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