Home Details for 11416 & 11414 Summertree Lane

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.

• Parking

  • Alley Access
  • Garage
  • Garage Door Opener
  • Garage Faces Rear
  • Attached

• Cooling Information

  • Central Air
  • Electric

• Heating Information

  • Central
  • Natural Gas

• Utilities

  • Electricity Available
  • Natural Gas Available

• Water Features

  • Public

• House Interior

  • Vaulted Ceiling(s)

• Garage

  • 1

• Fire Place

  • Wood Burning