11826 Garden Terrace Drive Dallas, TX 75243
6 Beds
4 Baths
8,450 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Woodbridge 04 Rep
MLS Listing ID 21346826
Bedrooms 6
Full Baths 4
HOA Y/N None
Total Fin. Sqft 2558
Year Built 1982
Lot Size 8,450 Sqft
Acres 0.194
Property Sub-Type Duplex
Property Description
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.
Location
State TX
County Dallas
Direction See GPS
Interior
Interior Features Other
Heating Electric
Cooling Central Air
Flooring Other
Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
Heat Source Electric
Exterior
Garage Spaces 1.0
Utilities Available City Sewer, City Water, Co-op Electric, Individual Gas Meter
Roof Type Other
Garage Yes
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Audelia Creek
High Schools Berkner
School District Richardson Isd
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, FHA-203K, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, FHA-203K, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21346826
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