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

1 story
4 full
4 spaces
1982

Amenities

FireplaceA/C
Listing Description

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

Principal$325
Interest$1,946
Insurance$131

Estimates only. Actual payments may vary.

Location

11416 Summertree Lane

Dallas, TX 75243

Springtree Add

Features & Amenities

Interior Features

DecorativeDesignerLightingFixturesVaultedCeilings

Property Details

Flooring

VinylTileCarpet

Construction

Brick

Parking

AlleyOpenGarage

Heating

CentralNatural Gas

Cooling

ElectricCentral Air

Appliances

DishwasherElectricRange

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.

JW

John West

Agent at West Commercial Realty, LLC

(469) 759-5821

Listed by West Commercial Realty, LLC · Broker phone: (469) 759-5821 · View on Broker Site

MLS# 21390542· Source: North Texas Real Estate Information Systems, Inc.· 9 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

11416 Summertree Lane, Dallas, TX 75243

Open this listing in: