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$449,000
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Property Description
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.
Full Property Details
Full Property Details for 11416 Summertree Ln
General
- Price: $449,000
- Taxes: $4,954
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21390542
- Updated: 10/3/2026
- Added to Site: 21 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Masonry, Wood Burning
- Appliances: Dishwasher, Electric Range
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Total Spaces: 4
- Parking Features: Alley Access, Garage, Garage Door Opener, Garage Faces Rear
Location
- County: Dallas
- Subdivision: Springtree Add
- Driving Directions: Use GPS
School Information
- Elem School District: Richardson ISD
- Midd School District: Richardson ISD
- High School District: Richardson ISD
- Elementary School: Forest Lane
- Middle School: Forest Meadow
- High School: Lake Highlands
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 2,490
- Sq. Ft. Source: Assessor
- Year Built: 1982
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662.8
- Lot Size Source: Assessor
- Lot Dimensions: 75 x 120
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $4,954
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: SPRINGTREE ADDN BLK B/8099 LT 22.1 NW 1/2 LT
- Property ID: 0080990B000220100
- Block: B8099
- Lot Number: 22
Listed by West Residential Realty, LLC, John West
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Schools
Schools serving 11416 Summertree Ln
School District:Richardson Independent School District
| Name | Grades | Distance |
|---|---|---|
Forest Lane Academy 9663 Forest Lane, Dallas, TX 75243 | PK-6 | 0.5 mi |
Forest Meadow Junior High School 9373 Whitehurst Drive, Dallas, TX 75243 | 7-8 | 1.2 mi |
Lake Highlands High School 9449 Church Road, Dallas, TX 75238 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11416 Summertree Ln
Date
Details
Price
Change
Source
9/18/2026
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11416 Summertree Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,954
—
$200,000
-6%
2025
$4,954
-4%
$211,870
—
2024
$5,136
-5%
$211,870
-5%
2023
$5,406
15%
$223,020
25%
2022
$4,700
-5%
$178,040
—
2021
$4,951
-1%
$178,040
—
2020
$5,022
13%
$178,040
19%
2018
$4,434
27%
$150,150
22%
2017
$3,486
-27%
$123,290
-26%
2019
$4,746
64%
$167,020
64%
2016
$2,888
10%
$102,140
9%
2015
$2,635
6%
$94,100
5%
2014
$2,492
—
$89,280
—
2013
$2,483
—
$89,280
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11416 Summertree Ln
11416 Summertree Lane, Dallas, TX 75243 (MLS# 21390542) is a Duplex property with 4 bedrooms and 4 full bathrooms. 11416 Summertree Lane is currently listed for $449,000 and was received on September 18, 2026. Want to learn more about 11416 Summertree Lane? Do you have questions about finding other Duplex real estate for sale in Dallas? You can browse all Dallas real estate or contact a Coldwell Banker agent to request more information.

