12816 & 12818 Pandora Drive, Dallas, TX 75238
Local realty services provided by:Better Homes and Gardens Real Estate Lindsey Realty
12816 & 12818 Pandora Drive,Dallas, TX 75238
$475,000
- 4 Beds
- 4 Baths
- 2,248 sq. ft.
- Multi-family
- Active
Listed by:katy druce972-396-7512
Office:acquisto real estate
MLS#:21066401
Source:GDAR
Price summary
- Price:$475,000
- Price per sq. ft.:$211.3
About this home
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.
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Home facts
- Year built:1971
- Listing ID #:21066401
- Added:196 day(s) ago
- Updated:October 04, 2025 at 11:42 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,248 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1971
- Building area:2,248 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:Conrad
- Middle school:Sam Tasby
- Elementary school:Highland Meadows
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$211.3
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated October 4, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Lindsey Realty.New listings near 12816 & 12818 Pandora Drive
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