5515 Knights Court, Lake Dallas, TX

$328,000

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3

Beds

2

Baths

0.15

Acres

About 5515 Knights Court

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.

Features of 5515 Knights Court

MLS® # 21085396
Price $328,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Acres 0.15
Year Built 1976
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 5515 Knights Court
Subdivision Kings Manor Add Ph 1 & 2
City Lake Dallas
County Denton
State TX
Zip Code 75065-2647

Amenities

Utilities City Sewer, City Water, Concrete, Electricity Connected
Parking Spaces 2
# of Garages 2
Garages Alley Access, Carport, Garage Door Opener
Is Waterfront No
Has Pool No

Interior

Interior Features Decorative Lighting, Granite Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Electric
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood Burning

Exterior

Lot Description Corner Lot, Cul-De-Sac
Roof Composition
Construction Brick, Wood
Foundation Slab

School Information

District Lake Dallas ISD
Elementary Lake Dallas
Middle Lake Dallas
High Lake Dallas

Listing Details

AgentDwayne Marshall
OfficeAll City Real Estate Ltd. Co
Contact Info817-617-9781

Listing Map