11416 Summertree Lane, Dallas, Texas 75243

  • 1982
  • 4
  • 4
  • 4

Duplex For Sale

$449,000
ActiveListing ID #21390542
Basic Details
Residential Income
Active
21390542
1982
$449,000
0.13
2,490 Sqft
4
4
4
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.

Features
2
Brick
Composition
Wood
Central, Natural Gas
Central Air, Electric
Sewer Available, Water Available, Electricity Available, Natural Gas Available, Separate Meters
Decorative/Designer Lighting Fixtures, Vaulted Ceiling(s)
Public Sewer
Garage, Garage Door Opener, Garage Faces Rear, Alley Access
Neighborhood
Forest Lane
Forest Meadow
Lake Highlands
Richardson ISD
Additional Information
Duplex
2
75X120
John West
West Residential Realty, LLC
Address Map
11416
Summertree Lane
Springtree Add
Dallas
TX
75243
Dallas
    sqbbsiu2t1s9lq572yun © 2026 North Texas Real Estate Information Systems, Inc.
    Data last updated: 09/19/2026 2:37 AM
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    Duplex For Sale

    $449,000
    ActiveListing ID #21390542
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