5515 Knights Court, Lake Dallas, TX 75065
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by:dwayne marshall817-617-9781
Office:all city real estate ltd. co
MLS#:21085396
Source:GDAR
Price summary
- Price:$328,000
- Price per sq. ft.:$224.97
About this home
Prime Investment Opportunity: 5515 Knights Ct, Lake Dallas, TX Turnkey Rental with Guaranteed Income – Lease Secured Through August 31, 2026! Attention savvy investors: Secure immediate cash flow with this 3-bedroom, 2-bathroom gem on a spacious corner lot in the serene, family-friendly neighborhood of Lake Dallas. Current long-term tenants are locked in under a reliable lease, delivering hands-off returns through summer 2026 – no vacancy worries, just steady rent checks rolling in! Key Investor Highlights :Proven Revenue Stream: Existing lease ensures zero downtime – tenants love it here and plan to stay!
Move-In Ready Updates: Freshly renovated kitchen (quartz counters, stainless appliances, sleek cabinetry) and bathrooms (modern vanities, tiled showers) boost appeal and minimize capex. Features stone fireplace, and vaulted ceilings with rear entry garage.
Prime Location Perks: Quiet cul-de-sac setting just minutes from Lake Dallas for boating, fishing, and waterfront recreation. Easy access to I-35E for DFW commuters – high-demand rental market with low turnover.
Lot & Layout Advantages: Generous corner lot offers curb appeal, extra parking, and future expansion potential (fenced yard, mature trees).
Bed-Bath Breakdown: 1,458 sq ft of comfortable living space – perfect for families, yielding top-tier rents in this appreciating area.
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Home facts
- Year built:1976
- Listing ID #:21085396
- Added:3 day(s) ago
- Updated:October 21, 2025 at 11:51 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,458 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1976
- Building area:1,458 sq. ft.
- Lot area:0.15 Acres
Schools
- High school:Lake Dallas
- Middle school:Lake Dallas
- Elementary school:Lake Dallas
Finances and disclosures
- Price:$328,000
- Price per sq. ft.:$224.97
- Tax amount:$5,806
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