5515 Knights Court new Save Request In-Person Tour Request Virtual Tour
Lake Dallas,TX 75065
Key Details
Property Type Multi-Family
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Kings Manor Add Ph 1 & 2
MLS Listing ID 21085396
Bedrooms 3
Full Baths 2
Year Built 1976
Annual Tax Amount $5,806
Lot Size 6,403 Sqft
Property Sub-Type Multiple Single Units
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.
Location
State TX
County Denton
Interior
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Luxury Vinyl Plank
Fireplaces Number 1
Fireplaces Type Wood Burning
Exterior
Garage Spaces 2.0
Fence Wood
Utilities Available City Sewer,City Water,Concrete,Electricity Connected
Roof Type Composition
Building
Lot Description Corner Lot,Cul-De-Sac
Story One
Foundation Slab
Structure Type Brick,Wood
Schools
Elementary Schools Lake Dallas
Middle Schools Lake Dallas
High Schools Lake Dallas
School District Lake Dallas Isd
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21085396