TX
Dallas
Dallas
75238
12816/12818 Pandora Drive
12816/12818 Pandora Drive, Dallas, TX 75238
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Listing Type
Single Family
Listing Status
active
35
$475,000

Home Details for 12816/12818 Pandora Drive

Price
$475,000
Type
Residential
Bedrooms
4
Bathrooms
4.0
Square feet
2248
Year built
1971
Lot size acres
0.2135
County
Dallas
Total rooms
4
Garage
2
Days on site
38
MLS Listing#
21066882
Property Description

Full Duplex in Dallas with over $100,000 of updates make this the best investment opportunity in DFW. All cast iron has been replaced with PVC (2025) and the property has a lifetime transferable foundation warranty with MBR (2025). Roof replaced 2020. HVACs serviced semi-annually and working great. Unlock reliable cash flow and long-term appreciation with this partially remodeled full duplex in a high-demand Dallas rental market. One side has been completely renovated down to the studs with modern finishes—luxury vinyl plank floors, shaker cabinetry, new stainless steel appliances, new windows, updated lighting, and stylish bathrooms—making it a turnkey rental with a market rent at $2000 per month. The other side is tenant-occupied at $1,600 month, delivering immediate income. Long time tenant pays on time, even through COVID. The occupied unit has additional updates including luxury vinyl plank flooring (2022) throughout and a custom accent wall in the living space. The combined $3,600 month rental income will cover your mortgage with 20% down. Self manage with a 7.6% cap rate, or enlist a property management company and enjoy a 6.79% cap rate. Investors will appreciate the low-maintenance improvements already in place, plus the option for low-cost, value-add upgrades in the future on the occupied unit. Situated minutes from major employers, colleges, and entertainment hubs like NorthPark Center and White Rock Lake, this location ensures steady rental demand. Easy access to 635 & 75 keeps commute times short and tenant interest high, and you'll reap the benefits of the 635 expansion wrapping up - giving you easy access to every corner of the metroplex. It's the perfect house hack to live in the updated unit and offset your mortgage, or add to your rental portfolio. 12816 Pandora Drive is a rare chance to own a duplex in one of Dallas’ strongest rental corridors with major mechanical and structural updates already taken care of.

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Property Features
  • Parking
    • Garage
    • Garage Faces Rear
    • Lighted
    • On Street
    • Outside
  • House Interior
    • Eat-in Kitchen
    • High Speed Internet
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
School Information
School Information for 12816/12818 Pandora Drive, Dallas, TX 75238
Elementary School
Highland Meadows
Middle School
Sam Tasby
High School
Conrad
Listing Courtesy: Acquisto Real Estate - 972-396-7512
Presented by: Katy Druce
Dallas MLS - N.T.R.E.I.S. logoThe 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.
Last Updated: 2025-10-03 04:45:54
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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