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
Has Pool 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

Financial Information

HOA None
Tax Unexempt $4,954

Additional Information

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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