$328,000

5515 Knights Court, Lake Dallas, TX 75065

  • 3 beds |
  • 2 baths |
  • 1,458 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1976
  • Property Lot Size Icon6,403sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $225/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
All City Real Estate Ltd. Co : 866-277-6005
Listing Agent:
Dwayne Marshall :
MLS ID:
21085396
  • General: Decorative/Designer Lighting FixturesGranite CountersVaulted Ceiling(s)Walk-In Closet(s)
  • Appliances: DishwasherElectric RangeElectric Water HeaterDisposalMicrowave
  • Flooring: Luxury Vinyl Plank
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralElectric
  • Fireplace: Wood BurningFireplaceFireplaces: 1
  • Pool: None
  • Parking: Alley AccessCarportGarageGarage Door OpenerParking spaces: 2
  • Roofing: Composition
  • General: BrickWood Siding1Slab
  • Originating MLS: NTR
  • School District: Lake Dallas ISD
  • County: Denton
  • Zoning: KINGS MANOR ADDN PH 1 & 2 BLK C LOT 16R65782
  • Fencing: Wood
  • Utilities: Electricity ConnectedSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR
  • Exclusions: None

This listing courtesy of Dwayne Marshall, All City Real Estate Ltd. Co

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lake Dallas Elementary School

190 Falcon Dr, Lake Dallas, TX, 75065

Grades PK-5

0.70 miles away

L

Lake Dallas Middle School

325 E Hundley Dr, Lake Dallas, TX, 75065

Grades 6-8

0.43 miles away

L

Lake Dallas High School

3016 Parkridge Dr, Corinth, TX, 76210

Grades 9-12

1.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.