12816 & 12818 Pandora Drive Dallas, TX $ 450,000
12816 & 12818 Pandora Drive
$ 450,000
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12816 & 12818 Pandora Drive

Dallas, TX, 75238
$ 450,000
Bedrooms4 Baths4.0

Monthly Estimate*

$ 2,807

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Multi-Family Home for sale in Dallas, TX

for $450,000 with 4 bedrooms and 4 full baths. This home was built in 1971 on a lot size of 0.2135.

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.

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Multi-Family Active

Price

$ 450,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.2135

Year Built

1971

Town/City

Dallas

County/Region

Dallas

MLS | Web ID

21066401

Features
Interior
Interior Features Decorative Lighting Eat-in Kitchen High Speed Internet Available
Flooring Linoleum Luxury Vinyl Plank
Total Units 2
Total Bedrooms 4
Total Baths 4
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General
Heating Central
Complex Name 12816 & 12818 Pandora
Cooling Central Air
Utilities City Sewer City Water Individual Water Meter Sidewalk
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Range Electric Water Heater Microwave
Number of Garage Spaces 2
School District Dallas ISD
Pool Y/N 0
Year Built 1971
Levels One
Property Subtype Duplex
Subdivision Name Highland Meadows No 8
County Dallas
Property Type Residential Income
Construction Materials Brick Siding
Year Built Details Preowned
HOA Type None
# of Buildings 1
Full Baths 4
Status Active
Directions 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 o
City Dallas
Elementary School Name Highland Meadows
High School Conrad
Elementary School Highland Meadows
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional FHA
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Exterior
Waterfront 0
Exterior Features Private Yard
Lot Features Interior Lot
Fencing Full Wood
Garage Length 20
Garage Width 13
Lot Size Source Public Records
Parking Features Direct Access Driveway Enclosed Garage Garage Door Opener Garage Faces Rear Lighted On Street Outside Oversized
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 2248.00
Garage Y/N 1
Attached Garage Y/N 0
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Internal Only
Street Number 1 12816
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* Excluded Features
List By
Katy Druce

Listing Agent

Acquisto Real Estate

Broker

Affordability Calculator

$2,807
Per Month
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Monthly Principal & Interest
$2,807
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3943291 Elementary School
286523 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2025$450,000 -5.26% Price Down
10/2/2025$475,000 Listed Price

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12816 & 12818 Pandora Drive, Dallas, TX, 75238 is a Multi-Family Home for sale at $450,000 with a lot size of 0.2135. 12816 & 12818 Pandora Drive has 4 bedrooms, 4.0 baths, and was built in 1971. The property's zip code is 75238 which is in Dallas, TX