Source:
North Texas Real Estate Information Systems (NTREIS)
MLS#21346826
About the Property
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
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.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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