Exceptional investment opportunity in highly sought-after Lake Highlands, ideally located near White Rock Lake, shopping, dining, and major Dallas conveniences.
This well-maintained, income-producing duplex is currently tenant-occupied, offering investors the opportunity to acquire an established rental property in a desirable Dallas location.
Each spacious unit features 2 bedrooms, 2 bathrooms, two living areas and or flexible office space, along with an open-concept kitchen, formal living and dining areas. Luxury vinyl plank flooring and beautiful period-style molding add character and durability throughout.
The property welcomes you with a charming courtyard and covered porch, mature landscaping, and a beautiful tree-shaded setting. The private backyard features privacy fencing, a covered outdoor area, and a shared garage, providing additional functionality and appeal for tenants.
With its desirable Lake Highlands location, established rental income, versatile floor plans, and well-maintained condition, this property presents an attractive opportunity for investors seeking a long-term addition to their portfolio.
Prime Location. Established Tenants. Income Producing Property. Strong Dallas Rental Market. List of upgrades and updates provided.
| Listing Id: | 21414957 |
|---|---|
| List Price: | $560,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 4 |
| Unexempt Taxes: | $12,234 |
| Lot Size Square Feet: | 9,496.0800 |
| Lot Size Acres: | 0.218 |
| Waterfront?: | No |
| City: | Dallas |
| County Or Parish: | Dallas |
| Subdivision Name: | Park Highlands 01 Inst |
| Postal Code: | 75218 |
| Year Built: | 1967 |
| Unit Count: | 2 |
| Accessibility Features Yn: | No |
| Appliances: | Dishwasher,Disposal,Electric Cooktop,Electric Oven,Vented Exhaust Fan |
| Association Type: | None |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 4.00 |
| Bathrooms Total Integer: | 4 |
| Building Area Source: | Assessor |
| Building Area Total: | 2,752.00 |
| Complex Name: | Park Highlands |
| Consent for Visitors to Record: | Audio, Video |
| Construction Materials: | Brick, Siding |
| Cooling: | Ceiling Fan(s), Central Air |
| Directions: | Follow GPS. |
| Elementary School: | Hexter |
| Elementary School Name: | Hexter |
| Exclusions: | Tenant's washers and dryers and microwaves. |
| Exterior Features: | Covered Patio/Porch, Rain Gutters |
| Fencing: | Wood |
| Flooring: | Ceramic Tile, Laminate, Luxury Vinyl Plank |
| Foundation Details: | Pillar/Post/Pier |
| Garage Spaces: | 2 |
| Gross Annual Expenses: | $19,906 |
| Gross Annual Income: | $36,138 |
| Heating: | Central, Natural Gas |
| High School Name: | Adams |
| Interior Features: | Cable TV Available, Decorative Lighting, High Speed Internet Available |
| Levels: | One |
| Listing Terms: | Cash, Conventional |
| Lot Features: | Few Trees, Interior Lot, Landscaped, Sprinkler System, Subdivision |
| Lot Size Area: | 0.2180 |
| Lot Size Units: | Acres |
| Middle School Name: | Robert Hill |
| Multi Parcel ID: | No |
| Municipal Utility District?: | No |
| Number Of Buildings: | 1 |
| Number Of Parking Spaces: | 2 |
| Operating Expense Includes: | Insurance, Maintenance, Maintenance Grounds, Maintenance Structure, Manager |
| Parking Features: | Garage, Garage Faces Rear |
| Patio And Porch Features: | Covered |
| Pool?: | No |
| Possession: | Lease Outstanding |
| Postal Code Plus 4: | 1148 |
| Roof: | Composition |
| School District: | Dallas ISD |
| Security Features: | Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s) |
| Smart Home Features Appor Pass Y: | 0 |
| Utilities: | Alley, City Sewer, City Water, Community Mailbox, Curbs, Individual Gas Meter, Individual Water Meter, Sidewalk |
| Will Subdivide: | No |
| Year Built Details: | Preowned |
Listing Courtesy of: RE/MAX Four Corners
Listing Agent: Stacey Turner
972-396-9100
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North Texas Real Estate Information Systems, Inc. data last updated on October 23, 2026 02:35 AM - CT
Property Last Updated: October 23, 2026 02:35 AM - CT
