Prime Investment Property – Full Duplex Built in 2015
Don’t miss this outstanding investment opportunity! This full duplex sits on a highly sought-after street for rentals and offers two mirror-image units, each with 3 bedrooms, 2 bathrooms, and a 1-car garage. Built in 2015, the property has been well-maintained and continues to attract solid tenants. Rental demand in the area is strong, with current market rents around $1,700 per unit. Both sides are already leased at $1,640 per month, and tenants are responsible for all utilities, keeping overhead low and cash flow steady. The location provides quick access to I-35 and is conveniently close to major employers, making it ideal for long-term occupancy. Please note: the property is tenant occupied, do not disturb tenants. No wholesaling.
Listed by Scott Neal
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Scott Neal Real Estate
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214-295-5060
Listed by Derek Pilkinton
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Scott Neal Real Estate
Last updated August 19, 2025
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Source: NTREIS #20938335
Listing Facts
TypeMulti-family
NeighborhoodHallmark-Camelot Highland Terrace
Bedrooms6
Bathrooms4
Days on Prevu117
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
06/23/2025
Price Decreased
$380,000
06/07/2025
Status changed to Active
$400,000
06/05/2025
Status changed to In Contract
$400,000
05/29/2025
Price Decreased
$400,000
05/15/2025
Listed by Scott Neal Real Estate
$425,000
Property Details for 7418 Novella Drive
Exterior
Construction
Number Of Units Total: 2
Roof: Composition
Year Built: 2015
Year Built Details: Preowned
Construction Materials: Brick
Measurements
Building Area Total: 2,068
Lot Size Acres: 0.13
Lot Size Area: 0
Lot Size Square Feet: 6,011
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 41106466
Interior
Features
Appliances: Electric Range
Flooring: Laminate
Interior Features: Cable TV Available, Decorative Lighting
Rooms
Bathrooms Full: 4
Bathrooms Total Integer: 4
Bedrooms Total: 6
Other
Location
Subdivision Name: Morris Estates
Tax Block: 4
Tax Lot: 14
Parking
Parking
Attached Garage: Yes
Covered Spaces: 2
Garage Spaces: 2
Garage: Yes
Parking Features: Garage Faces Front
Schools
Elementary School
Elementary School: Sycamore
Utilities
Equipment
Cooling: Central Air, Electric
Heating: Central, Electric
Utilities: City Sewer, City Water
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.