$499,900

Duplex In Dallas

  • 6 Beds
  • 4 Baths
  • 2,558 Sqft
  • 8,451 Sqft lot
  • Updated: August 2
  • 3
    Views for last 30 days
  • 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.
  • Property type

    Apartment

  • Year built

    1982

  • Price/sqft

    $195

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11826 Garden Terrace Drive, Dallas, Texas, United States View on Google Maps
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JPAR - Plano - Plano

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JPAR - Plano - Plano
Texas, United States
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JPAR - Plano - Plano
Plano, Texas, United States
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Last updated
August 2
First listed
Aug 1
Listing reference
21346826
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