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7113 Pleasant View Drive

Dallas, TX 75231

$825,000

2 units · 1979

Units2
Building area3,212 sq ft
Year built1979
Gross income$64,260/yr
Cap rate5.12% as listed
Parking4 spaces
Lot size0.267 acres
TypeDuplex

What it costs to own

Taxes$15,769 per year
HOAHOA — fee not provided by the listing · xxx
Operating expenses$22,000 per year — as listed
Insurance$4,000 per year — as listed
Net operating income$42,260 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Rare Fully Leased Brick Duplex in Lake Highlands! Cash Flow from Day One!

A rare opportunity to acquire a large, single-story brick duplex in one of Lake Highlands' most desirable residential neighborhoods. Fully leased and income-producing, this property offers investors immediate cash flow in the highly regarded Richardson ISD.

Each unit offers approximately 1,606 square feet of living space with three bedrooms, two full baths, a brick fireplace, skylights, and an attached two-car garage.

Ownership has made substantial in major functional improvements over the past several years, significantly reducing near-term capital expenses for the next owner:

New roof with new decking and radiant barrier.
Both HVAC systems replaced, including condensers, heat exchangers, and select ductwork.
Popcorn ceilings removed and retextured throughout.
Carpet removed and replaced with durable laminate flooring.

Unit 7113 has been expanded to include a walk-in closet and an enclosed, climate-controlled sunroom, plus a large detached workshop with electricity and Air Conditioning, a standout feature for tenants and a strong value-add.

Both units are currently leased. Please do not disturb tenants. No Subject To Offers will be considered. No Seller Financing Offers will Be Considered. All offers must be sumitted on the proper Texas Real Estate Commission One to Four Contract along with related addendums and proof of funds.

The details

HeatingCentral
CoolingCeiling Fan(s), Central Air
FlooringLaminate, Tile, Varies
AppliancesDishwasher, Disposal, Electric Oven
Interior featuresCable TV Available
Fireplace2 · Brick

Construction materialsBrick
RoofComposition
FoundationOther

Lot featuresInterior Lot, Subdivided
FencingBack Yard, Wood
Water sourceCity Water, Individual Water Meter
SewerCity Sewer
ElectricElectricity Available
UtilitiesAlley, Individual Gas Meter

SubdivisionKingsley Creek Estates

ElementaryMerriman Park
Middle schoolForest Meadow
High schoolLake Highlands
DistrictRichardson ISD

Gross income$64,260 per year
Operating expenses$22,000 per year
Operating includesInsurance, Maintenance Grounds, Pest Control
Insurance$4,000 per year
Cap rate5.12% — as listed
Net operating income$42,260 per year

MLS #21395990
Source
On the market21 days
CountyDallas

Around this home

One moment…

Everyday life

Nearest grocerySprouts Farmers Market · 0.3 mi
Nearest parkWalne Park · 0.5 mi

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Listing courtesy of RE/MAX DFW Associates — Al Meyer.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21395990. Information last updated October 15, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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