TX > Dallas > Highland Meadows No 8
Dallas, TX 75238,12816 & 12818 Pandora Drive
Dallas, TX 75238,12816 & 12818 Pandora Drive,Video Tour
Dallas, TX 75238,12816 & 12818 Pandora Drive
35
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$475,000
Est. payment /mo
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4 Beds
4 Baths
9,300 Sqft Lot
New

12816 & 12818 Pandora Drive Dallas, TX 75238

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JAMES SHARP

JAMES SHARP

+1(214) 403-9916

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Highland Meadows No 8

MLS Listing ID 21066401

Bedrooms 4

Full Baths 4

HOA Y/N None

Total Fin. Sqft 2248

Year Built 1971

Lot Size 9,300 Sqft

Acres 0.2135

Property Sub-Type Duplex

Property Description

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.

Location

State TX

County Dallas

Direction From 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 on Pandroa. Property is on the left.

Interior

Interior Features Decorative Lighting, Eat-in Kitchen, High Speed Internet Available

Heating Central

Cooling Central Air

Flooring Linoleum, Luxury Vinyl Plank

Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

Heat Source Central

Exterior

Exterior Feature Private Yard

Garage Spaces 2.0

Fence Full, Wood

Utilities Available City Sewer, City Water, Individual Water Meter, Sidewalk

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Lot Description Interior Lot

Story One

Foundation Slab

Level or Stories One

Structure Type Brick,Siding

Schools

Elementary Schools Highland Meadows

Middle Schools Sam Tasby

High Schools Conrad

School District Dallas Isd

Others

Ownership Ask Agent

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Virtual Tour https://my.matterport.com/show/?m=aS48MyvsFEM

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Katy Druce • Acquisto Real Estate

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JAMES SHARP

JAMES SHARP

TEAM LEAD/AGENT | License ID: 0491432

+1(214) 403-9916

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