Courtesy of: Casey Mayer, JPAR - Plano, office@jpar.com
Courtesy of: Casey Mayer, JPAR - Plano, office@jpar.com
$499,900
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6 bed
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4.00 Bath (4 Full)
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Lot: 0.19 Acres
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Duplex
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$499,900
11826 Garden Terrace Drive 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.
Courtesy of: Casey Mayer, JPAR - Plano, office@jpar.com
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