$475,000
For Sale

12816 Pandora Drive

Dallas, TX 75238
2248 sqft | 4 beds | 4 baths | 0.21 acres | #21066882
Browse 35 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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.

  • Interior Details
      • InteriorDecorative Designer Lighting Fixtures, Eat In Kitchen, High Speed Internet
    • Heating & Cooling
      • CoolingCentral Air
      • HeatingCentral
    • Beds & Baths
      • Bedrooms4
      • Bathrooms4
      • Full Baths4
  • Property Details
      • Lot FeaturesInterior Lot
      • Lot DescriptionInterior Lot
      • Exterior FeaturesPrivate Yard
      • Exterior MaterialsPrivate Yard
    • Measurements
      • Acres0.2135
      • Square Feet2248
    • Parking
      • Parking FeaturesGarage, Lighted, Outside, Garage Faces Rear, On Street
      • Parking TypeGarage
      • Parking Spaces2
  • Construction Details
      • Property Subtype AdditionalSingle Family Residence
      • Property TypePurchase
    • Condition
      • Year Built1971
    • Material information
      • RoofComposition
      • FoundationSlab
  • Utilities / Energy Details
      • AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal
      • Utility FeaturesSewer Available, Separate Meters, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionHighland Meadows No 8
      • Community FeaturesSidewalks
    • Location
      • Elementary SchoolHighland Meadows
      • School DistrictDallas ISD
      • Middle SchoolSam Tasby
      • High SchoolConrad
      • CountyDallas
  • Financial Details
      • Days on Market (Cumulative)1
  • Other
      • MLS #21066882

Location

John BurnsReal Estate Group
OR

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