Leased Half-Duplex Investment
12608 Breckenridge Drive, Dallas, TX 75230
MULTI_FAMILY - Dallas, TX
Property size:
2,955 SFLot size:
0.13 AcresPrice / SF:
$270/SF- Added:
- Feb 8, 2026
- Days on Market:
- 115
- Last Refresh:
- Jun 3 at 5:06 pm
Property Features for 12608 Breckenridge Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2
- Parking
- 4
- Parking features
- Alley, Garage, Covered
- Interior features
- DecorativeDesignerLightingFixtures, HighSpeedInternet, InLawFloorplan, OpenFloorplan, PanelingWainscoting, CableTv, VaultedCeilings, WalkInClosets
- Exterior features
- Lighting, RainGutters
- Fireplace
- 1
- Appliances
- SomeGasAppliances, Dishwasher, ElectricOven, GasCooktop, Disposal, GasWaterHeater, Microwave, PlumbedForGas, VentedExhaustFan
- Standard status
- Active
- APN
- 00000734826020000
- Size
- 2,955 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Description
- HILLCREST OAKS ESTATES BLK D/7464 LT 1
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1981
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Carpet, Tile, Hardwood
- Building materials
- Brick
- Roof type
- Composition
Listing agent Richard Guilliams License #0598248 (469) 831-6893
Listing office Luxe Estates Realty, LLC Dallas, TX (469) 831-6893
Listing date Feb 8, 2026
MLS# 21086217
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Luxury half‑duplex leased through Sept 2026 at $4,500/month rental income
- No HOA; zero‑lot‑line, all‑brick exterior with mature landscaping
- 4 bedrooms and 4 bathrooms with an in‑law floorplan and open floorplan
- Main‑level primary suite with fireplace and walk‑in closet
- Gas kitchen setup includes gas cooktop, built‑in oven, microwave, dishwasher, disposal, and gas water heater
- Central heating and central air with ceiling fans; carpet, tile, and hardwood flooring; in‑unit laundry and covered/garage parking
Overview
This executive-style half-duplex offers an all-brick exterior with a zero-lot-line design and mature landscaping. The interior features soaring ceilings, hardwood floors, abundant natural light, and an open, flowing layout. The kitchen is equipped with stainless-steel appliances, including a gas range, built-in oven, and custom cabinetry. The main-level primary suite includes a fireplace, walk-in closet, and spa-like bath, with a secondary main-floor bedroom or office. Two additional upstairs en-suite bedrooms provide flexibility for multi-generational households. Practical in-home amenities include a two-car attached garage and in-unit laundry. The property is for one side, with no HOA.
The home benefits from convenient access to the Dallas North Tollway, US-75, I-635, and Preston Road, placing it near Dallas business, dining, and retail areas. The listing also notes a proposed H-E-B grocery store nearby that is progressing toward approval, which could further strengthen local retail appeal. Please note there are no showings until an executed contract is in place, and viewings will occur during the option period only.
For investors, this presents a turnkey, cash-flowing opportunity with a tenant already in place through September 2026, providing built-in stability and minimal near-term vacancy risk. The layout may also fit executive renters seeking a primary suite on the main level and multiple en-suite bedrooms upstairs. The property is described as being well-suited for a 1031 exchange strategy as well.
The home benefits from convenient access to the Dallas North Tollway, US-75, I-635, and Preston Road, placing it near Dallas business, dining, and retail areas. The listing also notes a proposed H-E-B grocery store nearby that is progressing toward approval, which could further strengthen local retail appeal. Please note there are no showings until an executed contract is in place, and viewings will occur during the option period only.
For investors, this presents a turnkey, cash-flowing opportunity with a tenant already in place through September 2026, providing built-in stability and minimal near-term vacancy risk. The layout may also fit executive renters seeking a primary suite on the main level and multiple en-suite bedrooms upstairs. The property is described as being well-suited for a 1031 exchange strategy as well.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.5k | $30.96 |
| − Vacancy | −$9.8k | −$3.31 |
| EGI | $81.7k | $27.65 |
| − OpEx | −$36.8k | −$12.44 |
| NOI | $44.9k | $15.21 |
2,955 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$641.9K
$561.7K – $748.9K
NOI $44,934 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.55M
$3.10M – $4.14M
NOI $248,203 @ 7.0% cap · market cap 31.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.781773
- Latitude
- 32.919247
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Turnkey leased through September 2026, with an income-producing tenant and a low-maintenance all-brick design.
Where is this single family property located?
The property is located at 12608 Breckenridge Drive Dallas, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Luxury half‑duplex leased through Sept 2026 at $4,500/month rental income; No HOA; zero‑lot‑line, all‑brick exterior with mature landscaping; 4 bedrooms and 4 bathrooms with an in‑law floorplan and open floorplan
