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.
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.