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12816/12818 Pandora Drive Dallas, Texas 75238

For Sale

$475,000

Smart Buyer Rebate $4,250

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.

Listed by Katy Druce

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Acquisto Real Estate

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972-396-7512

Last updated October 03, 2025

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Source: NTREIS #21066882

Listing Facts

  • TypeSingle-family
  • NeighborhoodHighland Meadows
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu20
  • Size2,248 sqft
  • Price per sqft$211

Amenities

  • Dishwasher
  • Pets Allowed
  • Air Conditioning

Location

Mortgage Calculator

Listing History

10/02/2025
Listed by Acquisto Real Estate
$475,000

Property Details for 12816/12818 Pandora Drive

Exterior

Construction

  • Property Attached: Yes
  • Roof: Composition
  • Year Built: 1971
  • Year Built Details: Preowned
  • Construction Materials: Siding
  • Exterior Features: Private Yard

Features

  • Fencing: Wood

Measurements

  • Lot Features: Interior Lot
  • Lot Size Acres: 0.21
  • Lot Size Area: 9,298
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 9,298
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 00000738185460000

Interior

Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range
  • Flooring: Carpet, Luxury Vinyl Plank
  • Interior Features: Decorative Lighting, Eat-in Kitchen, High Speed Internet Available

Measurements

  • Living Area: 2,248

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4

Other

Location

  • Subdivision Name: Highland Meadows No 8
  • Tax Block: 2
  • Tax Lot: C

Parking

Parking

  • Carport Spaces: 2
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Garage, Garage Faces Rear, Lighted, On Street, Outside

Schools

Elementary School

  • Elementary School: Highland Meadows

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Utilities: City Sewer, City Water, Individual Water Meter, Sidewalk

Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.