11416 Summertree Lane, Dallas, Texas image 1
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11416 Summertree Lane

Dallas, Texas 75243
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$449,000 $1,893/Mo
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Bed 4

Bed

Bath 4

Bath

Acres0.13

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $449,000

AD Id : 91341083

MLS Id : 574446040

Beds : 4

Lot Size : 0.13 Acre

Year Built : 1982

Garage : 4

County : Dallas

Subdivision: Springtree Add

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 4 Half Baths: 0

  • Interior Features

    Decorative Lighting,Vaulted Ceiling(s)

    Appliances

    Dishwasher,Electric Range

    Utilities

    City Sewer,City Water,Electricity Available,Individual Water Meter,Natural Gas Available

  • Cooling Features

    Central Air,Electric

    Heating Source

    Central,Natural Gas

    Fireplace

    Number of Fireplaces: 2 Fireplace Features: Brick,Wood Burning

  • Building Information

    Built Year: 1982 Building Area Total: 2,490 Construction: Brick Roof Type: Composition

  • Foundation

    Slab

  • Fencing

    Wood

    Construction Materials

    Brick

  • Lot Information

    Lot Size (Acr): 0.1300 Lot Size Units: Acres Lot Size Square Feet: 5,663 Lot Size Source: Assessor

  • Property Information

    Property Type: Residential Income Property Sub Type: Duplex Subdivision: Springtree Add City: Dallas State: Texas Directions: Use GPS Property Status: Active Levels: One Property Age: 44 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $449,000

  • Listing Information

    Possession: Subject to Lease

  • Tax Information

    Parcel Number: 0080990B000220100 Tax Block: B8099 Tax Legal Description: SPRINGTREE ADDN BLK B/8099 LT 22.1 NW 1/2 LT Tax Lot: 22 Unexempt Taxes: $4,954

  • Parking Information

    Has Garage Garage Space: 4 Carport Spaces: 0 Parking: 4 Parking Features: Alley Access,Garage,Garage Door Opener,Garage Faces Rear

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Forest Lane Middle School: Forest Meadow High School: Lake Highlands School District: Richardson ISD

  • Utility Information

    Utilities: City Sewer,City Water,Electricity Available,Individual Water Meter,Natural Gas Available
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 10/02/2026 @ 21:20

MLS: 574446040 LISTED BY: John West, West Residential Realty, LLC 214-718-7889 SOURCE: NTREIS - North Texas Real Estate Information

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