6 Beds
4 Baths
0.27 Acres Lot
6 Beds
4 Baths
0.27 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Kingsley Creek Estates
MLS Listing ID 21395990
Bedrooms 6
Full Baths 4
HOA Y/N Voluntary
Total Fin. Sqft 3212
Year Built 1979
Annual Tax Amount $15,769
Lot Size 0.267 Acres
Acres 0.267
Lot Dimensions 90x135
Property Sub-Type Duplex
Property Description
A rare opportunity to acquire a large, single-story brick duplex in one of Lake Highlands' most desirable residential neighborhoods. Fully leased and income-producing, this property offers investors immediate cash flow in the highly regarded Richardson ISD.
Each unit offers approximately 1,606 square feet of living space with three bedrooms, two full baths, a brick fireplace, skylights, and an attached two-car garage.
Ownership has invested approximately $140,000 in major functional improvements over the past several years, significantly reducing near-term capital expenses for the next owner:
New roof with new decking and radiant barrier.
Both HVAC systems replaced, including condensers, heat exchangers, and select ductwork.
Popcorn ceilings removed and retextured throughout.
Carpet removed and replaced with durable laminate flooring.
Unit 7113 has been expanded to include a walk-in closet and an enclosed, climate-controlled sunroom, plus a large detached workshop with electricity and Air Conditioning, a standout feature for tenants and a strong value-add.
Both units are currently leased. Please do not disturb tenants. No showings until under contract.
Location
State TX
County Dallas
Direction GPS
Interior
Interior Features Cable TV Available
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Laminate, Tile, Varies
Fireplaces Number 2
Fireplaces Type Brick
Appliance Dishwasher, Disposal, Electric Oven
Heat Source Central
Exterior
Garage Spaces 4.0
Fence Back Yard, Wood
Utilities Available Alley, City Sewer, City Water, Curbs, Electricity Available, Individual Gas Meter, Individual Water Meter, Sidewalk
Roof Type Composition
Total Parking Spaces 4
Garage Yes
Building
Lot Description Interior Lot, Subdivision
Story One
Foundation Other
Level or Stories One
Structure Type Brick,Radiant Barrier
Schools
Elementary Schools Merriman Park
Middle Schools Forest Meadow
High Schools Lake Highlands
School District Richardson Isd
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Deed Restrictions
Schools and Properties Nearby
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