About 11826 Garden Terrace Drive
Value-add FULL duplex investment in the desirable Woodbridge subdivision, zoned to Richardson ISD! This well-maintained 1982-built full duplex features two spacious 3-bedroom, 2-bath units (2,558 total SF) - offering immediate, stable income with SIGNIFICANT built-in upside. Both units are currently leased month-to-month at $1,650 per side - 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 cash flow through gradual lease adjustments or a light value-add renovation program. Each side offers a functional single-story layout, one-car garage, and private yard space. Convenient access to Central Expressway, North Dallas 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. Financials available upon request.
Features of 11826 Garden Terrace Drive
| MLS® # | 21346826 |
|---|---|
| Price | $499,900 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Acres | 0.19 |
| Year Built | 1982 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 11826 Garden Terrace Drive |
|---|---|
| Subdivision | Woodbridge 04 Rep |
| City | Dallas |
| County | Dallas |
| State | TX |
| Zip Code | 75243-5000 |
Amenities
| Utilities | City Sewer, City Water, Co-op Electric, Individual Gas Meter |
|---|---|
| Parking Spaces | 4 |
| # of Garages | 1 |
| Garages | Additional Parking, 2-Car Single Doors |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Other |
|---|---|
| Heating | Electric |
| Fireplace | No |
Exterior
| Roof | Other |
|---|---|
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Richardson ISD |
|---|---|
| Elementary | Audelia Creek |
| High | Berkner |
Additional Information
| Flooring | Other |
|---|---|
| Net Income | $30,881 |
| Building Sqft | 2,558 |
| # Units | 2 |
Listing Details
| Agent | Casey Mayer |
|---|---|
| Office | JPAR - Plano |
| Contact Info | 972-836-9295 |