Property
Beds
4
Full Baths
4
1/2 Baths
None
Year Built
1971
Sq.Footage
N/A
Full Duplex in Dallas with over $100,000 of updates make this the best investment opportunity in DFW. All cast iron has been replaced with PVC (2025) and the property has a lifetime transferable foundation warranty with MBR (2025). Roof replaced 2020. HVACs serviced semi-annually and working great. Unlock reliable cash flow and long-term appreciation with this partially remodeled full duplex in a high-demand Dallas rental market. One side has been completely renovated down to the studs with modern finishes—luxury vinyl plank floors, shaker cabinetry, new stainless steel appliances, new windows, updated lighting, and stylish bathrooms—making it a turnkey rental with a market rent at $2000 per month. The other side is tenant-occupied at $1,600 month, delivering immediate income. Long time tenant pays on time, even through COVID. The occupied unit has additional updates including luxury vinyl plank flooring (2022) throughout and a custom accent wall in the living space. The combined $3,600 month rental income will cover your mortgage with 20% down. Self manage with a 7.6% cap rate, or enlist a property management company and enjoy a 6.79% cap rate. Investors will appreciate the low-maintenance improvements already in place, plus the option for low-cost, value-add upgrades in the future on the occupied unit. Situated minutes from major employers, colleges, and entertainment hubs like NorthPark Center and White Rock Lake, this location ensures steady rental demand. Easy access to 635 & 75 keeps commute times short and tenant interest high, and you'll reap the benefits of the 635 expansion wrapping up - giving you easy access to every corner of the metroplex. It's the perfect house hack to live in the updated unit and offset your mortgage, or add to your rental portfolio. 12816 Pandora Drive is a rare chance to own a duplex in one of Dallas’ strongest rental corridors with major mechanical and structural updates already taken care of.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, High Speed Internet
-
Total Bedrooms
4
-
Bathrooms
4
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick
-
Other Exterior Features
Private Yard
-
Parking
Direct Access, Driveway, Enclosed, Garage, Garage Door Opener, Garage Faces Rear, Lighted, On Street, Outside, Oversized
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Interior Lot
-
Lot Size(acres)
0.2135
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$450,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Highland Meadows
-
Middle School
Sam Tasby
-
High School
Conrad
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
C
-
Water Source
Public
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Location
County
Dallas
Elementary School
Highland Meadows
Middle School
Sam Tasby
High School
Conrad
Listing Courtesy of Katy Druce , Acquisto Real Estate
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