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
| Agent | John West |
|---|---|
| Office | West Residential Realty, LLC |
| Contact Info | 469-759-5800 |
