11826 Garden Terrace Dr, Dallas, TX 75243
- $499,900
- 6
- BD
- 4
- BA
- List Price
- $499,900
- Status
- ACTIVE
- MLS#
- 21346826
- Bedrooms
- 6
- Bathrooms
- 4
- Lot Size
- 8,450
Property Description
Value-add FULL duplex investment in the desirable Woodbridge subdivision, zoned to Richardson ISD! This well-maintained 1982-built full duplex features two spacious 3-bedroom, 2-bath units (2,558 total SF) - offering immediate, stable income with SIGNIFICANT built-in upside. Both units are currently leased month-to-month at $1,650 per side - 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 cash flow through gradual lease adjustments or a light value-add renovation program. Each side offers a functional single-story layout, one-car garage, and private yard space. Convenient access to Central Expressway, North Dallas 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. Financials available upon request.
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Additional Information
- Year Built
- 1982
- Garage Spaces
- 1
- Parking Spaces
- 4
- Interior Features
- Other
- Roof
- Other
- Appliances
- Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
- School District
- Richardson Isd
- Elementary School
- Audelia Creek
- High School
- Berkner
- Middle School
- Liberty
- Sewer
- Public Sewer
- Stories
- 1
- Street Name
- Garden Terrace Dr
- Street Number
- 11826
- Water
- Public
- Acres
- 0.19
- County
- Dallas
- Foundation
- Slab
- Heating
- Electric
Mortgage Calculator
Listing courtesy of Casey Mayer from JPAR - Plano. Contact: 972-836-9295