About This Home
This 4-bedroom, 4-bathroom multi-family at 11416 Summertree Lane in Dallas, TX is listed for $449,000. Built in 1982, on a 0.13 acres lot.
Key Features
- Built in 1982
- 0.13 acre lot
- 4 parking spaces
- Fireplace
Property Details
Amenities
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.
Monthly Cost Estimate
$2,401/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11416 Summertree Lane
Dallas, TX 75243
Springtree Add
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom multi-family at 11416 Summertree Lane is listed at $449,000. The estimated monthly payment is $2,401 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1982, 0.13 acre lot, 4 parking spaces, Fireplace. Interior Features: DecorativeDesignerLightingFixtures, VaultedCeilings.
This property is listed by John West and can be reached at (469) 759-5821.


