11416 Summertree Lane, Dallas, Texas

$449,000

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4

Beds

4

Baths

2,490

Square feet

0.13

Acres

About 11416 Summertree Lane

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 of 11416 Summertree Lane

MLS® # 21390542
Price $449,000
Bedrooms 4
Bathrooms 4.00
Full Baths 4
Square Footage 2,490
Acres 0.13
Year Built 1982
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 11416 Summertree Lane
Subdivision Springtree Add
City Dallas
County Dallas
State Texas
Zip Code 75243-5736

Amenities

Utilities City Sewer, City Water, Electricity Available, Individual Water Meter, Natural Gas Available
Parking Spaces 4
# of Garages 4
Garages Alley Access, Garage, Garage Door Opener, Garage Faces Rear
Is Waterfront No
Pool On Property No

Interior

Interior Features Decorative Lighting, Vaulted Ceiling(s)
Heating Central, Natural Gas
Fireplace Yes
# of Fireplaces 2
Fireplaces Brick, Wood Burning

Exterior

Roof Composition
Construction Brick
Foundation Slab

School Information

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

Additional Information

# of Fireplaces 2
Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank
$/LivSqFt $180
Net Income $28,347
Building Sqft 2,490
# Units 2
Short Sale No
RE / Bank Owned No

Listing Details

AgentJohn West
OfficeWest Residential Realty, LLC
Contact Info469-759-5800

Listing Map

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