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3 Beds
2 Baths
0 sq ft
MLS 21085396
MLS 21085396
Beds
Baths
Sq Ft
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.
On the market for 28 days
Multi-Family built in 1976
per sq ft
No Pool
Summary of the property details
Beds:
3
Baths:
2
Sq. Ft:
0
Stories:
1
Year Built:
1976
County:
Denton
Last updated Nov 6, 2025
Parking, utilities, etc for the listing
Additional Fee:
N/A
Restrictions:
N/A
Disclosures:
N/A
Year Built:
1976
New Construction:
N/A
Subdivision:
N/A
Area:
N/A
Master Planned:
N/A
Style:
N/A
Type:
N/A
Sub Type:
N/A
Garage Type:
N/A
# of Bedrooms:
3
# of Baths (Full):
N/A
# of Fireplaces:
N/A
Fireplaces Description:
N/A
Room Description:
N/A
Bedroom Description:
N/A
Kitchen Description:
N/A
Dishwater:
N/A
Range Type:
N/A
Oven Type:
N/A
Disposal:
N/A
Compactor:
N/A
Countertops:
N/A
Cable:
N/A
Cool System:
N/A
Appliances:
Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Loft:
N/A
Furnished:
N/A
Floors:
N/A
Private Pool:
N/A
Pool Area:
N/A
Features:
N/A
Water / Sewer:
N/A
Building Stories:
N/A
Complex Access:
N/A
Lot Description:
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# of Garage Parking Spaces:
N/A
Garage Type:
N/A
Parking Desc:
N/A
Garage Carport:
N/A
Application Fee:
N/A
Rental Terms:
N/A
Smoking Allowed:
N/A
Deposit Pet:
N/A
Pets Allowed:
N/A
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All City Real Estate Ltd. Co
Homes similar to 5515 Knights Court are listed between $2,500 and $1,275,000 at and average of $172 per square foot.