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.
For sale
$449,000
11416 Summertree Ln, Dallas, TX 75243
4beds
2,490sqft
Duplex, Multi Family
Built in 1982
-- sqft lot
$436,500 Zestimate®
$180/sqft
$-- HOA
What's special
- 50 days
- 274
- 18
Zillow last checked:
Listing updated:
Listed by:
John West 0575270 469-759-5800,
West Residential Realty, LLC 469-759-5800
Source: NTREIS,MLS#: 21390542
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Range
Features
- Decorative/Designer Lighting Fixtures, Vaulted Ceiling(s)
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Masonry, Wood Burning
Interior area
- Total structure area: 2,490
- Total interior livable area: 2,490 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Alley Access, Garage, Garage Door Opener, Garage Faces Rear
- Attached garage spaces: 4
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Wood
Lot
- Size: 5,662 Square Feet
- Dimensions: 75 x 120
Details
- Parcel number: 0080990B000220100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Community & HOA
Community
- Subdivision: Springtree Add
HOA
- Has HOA: No
Location
- Region: Dallas
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $211,870
- Annual tax amount: $4,954
- Date on market: 9/18/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$436,500
$415,000 - $458,000
$1,769/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $449,000+180.6%$180/sqft |
Source: NTREIS #21390542 Report a problem | ||
| 11/5/2019 | Listing removed | $1,299$1/sqft |
Source: Silberman Realty #14195773 Report a problem | ||
| 10/9/2019 | Price change | $1,299-3.8%$1/sqft |
Source: Silberman Realty #14195773 Report a problem | ||
| 10/1/2019 | Listed for rent | $1,350+8%$1/sqft |
Source: Silberman Realty #14195773 Report a problem | ||
| 6/20/2019 | Listing removed | $160,000$64/sqft |
Source: Silberman Realty #14095904 Report a problem | ||
| 5/21/2019 | Listed for sale | $160,000$64/sqft |
Source: Silberman Realty #14095904 Report a problem | ||
| 12/10/2018 | Listing removed | $1,250$1/sqft |
Source: Silberman Realty #13978603 Report a problem | ||
| 11/28/2018 | Listed for rent | $1,250-3.8%$1/sqft |
Source: Silberman Realty #13978603 Report a problem | ||
| 8/26/2016 | Listing removed | $1,299+3.9%$1/sqft |
Source: ELLIS HomeSource, Inc. Report a problem | ||
| 8/17/2015 | Listing removed | $1,250$1/sqft |
Source: ELLIS HomeSource, Inc. Report a problem | ||
| 5/17/2015 | Price change | $1,250+19%$1/sqft |
Source: ELLIS HomeSource, Inc. Report a problem | ||
| 5/14/2015 | Listed for rent | $1,050 |
Source: ELLIS HomeSource, Inc. Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,612 -0.4% | $211,870 |
| 2024 | $2,623 -8.2% | $211,870 -5% |
| 2023 | $2,857 +21.1% | $223,020 +25.3% |
| 2022 | $2,360 -4.6% | $178,040 |
| 2021 | $2,474 -1.9% | $178,040 |
| 2020 | $2,521 +6.1% | $178,040 +6.6% |
| 2019 | $2,377 +10.5% | $167,020 +11.2% |
| 2018 | $2,152 -38.3% | $150,150 +21.8% |
| 2017 | $3,486 +20.7% | $123,290 +20.7% |
| 2016 | $2,888 +15.5% | $102,140 +8.5% |
| 2015 | $2,501 | $94,100 +5.4% |
| 2014 | $2,501 | $89,280 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 75243
Nearby schools
Schools provided by the listing agent
- Elementary: Forest Lane
- Middle: Forest Meadow
- High: Lake Highlands
- District: Richardson ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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