Dallas, TX 75238 12816 & 12818 Pandora Drive
$475,000



29 more






























Presented By: Katy Druce with Acquisto Real Estate; 972-396-7512
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Katy Druce with Acquisto Real Estate; 972-396-7512
Interior Features for 12816 & 12818 Pandora Drive
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths4
Other Interior Features
Fireplaces Total0
FlooringLinoleum, Luxury Vinyl Plank
Interior FeaturesDecorative Lighting, Eat-in Kitchen, High Speed Internet Available
Lock Box TypeCombo
Total Units2
Unit Count2
General for 12816 & 12818 Pandora Drive
# of Buildings1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Capitalization Rate8.06
Carport Spaces
CityDallas
Complex Name12816 & 12818 Pandora
Construction MaterialsBrick, Siding
CoolingCentral Air
CountyDallas
DirectionsFrom 635 go south on Jupiter Rd. Turn Right(or)West on McCree. Left (or) South on Pandroa. Property is on the left.
From 244S go North on Jupiter Rd. Turn Left(or)West on McCree. Left (or) South o
Elementary SchoolHighland Meadows
Elementary School NameHighland Meadows
Full Baths4
Gross Annual Expenses4894.00
HOA TypeNone
HeatingCentral
High SchoolConrad
Insurance Expense4894
LevelsOne
Listing Terms1031 Exchange, Cash, Conventional, FHA
Number of Garage Spaces2
Operating Expense IncludesInsurance
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictDallas ISD
Standard StatusActive
StatusActive
Subdivision NameHighland Meadows No 8
TenancyOver 9 Months, Pet Restrictions, Other
UtilitiesCity Sewer, City Water, Individual Water Meter, Sidewalk
Virtual Tour URL BrandedClick here
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1971
Year Built DetailsPreowned
Exterior for 12816 & 12818 Pandora Drive
Attached Garage Y/NNo
Building Area Total2248.00
Covered Spaces2
Exterior FeaturesPrivate Yard
FencingFull, Wood
Foundation Slab
Garage Length20
Garage Width13
Garage Y/NYes
Lot FeaturesInterior Lot
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.2135
Lot Size Area9298.0000
Lot Size SourcePublic Records
Lot Size Square Feet9298.0000
Lot Size UnitsSquare Feet
Number Of Parking Spaces4
Parking FeaturesDirect Access, Driveway, Enclosed, Garage, Garage Door Opener, Garage Faces Rear, Lighted, On Street, Outside, Oversized
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
High School
N/A
Elementary School
Highland Meadows Elementary School

Suzanne Smith
Broker/Owner