1426 Lakecrest Drive
Listed By Compass
Active Option Contract
Listed By Compass
Active Option Contract
Description
Both units have been thoughtfully upgraded with luxury vinyl plank flooring, granite countertops, and stainless steel appliances, ensuring durability and style. The open-concept living areas create a welcoming atmosphere, perfect for tenants or owner-occupiers.
This property is ideal for savvy investors...Welcome to 1426 Lakecrest – an exceptional investment opportunity! This updated duplex has a total of 6 bedrooms and 4 bathrooms, divided into two equally sized units, each with 3 beds and 2 baths.
Both units have been thoughtfully upgraded with luxury vinyl plank flooring, granite countertops, and stainless steel appliances, ensuring durability and style. The open-concept living areas create a welcoming atmosphere, perfect for tenants or owner-occupiers.
This property is ideal for savvy investors looking to maximize returns or for house hackers aiming to offset their mortgage by living in one unit and renting out the other. The layout offers flexibility and potential for strong rental income.
Less than 15 minutes from AT&T Stadium, Six Flags, Texas live, and the DFW Airport, this duplex provides easy access to local amenities, shopping, dining, and major highways which is great for Airbnb investors. Don't miss out on this turnkey investment – your portfolio will thank you!
Listing Agent
![Rachael Gray Smith]()
rachael.graysmith@compass.comP: 432.413.6370
Property Details for 1426 Lakecrest Drive
Property Details for 1426 Lakecrest Drive
| Status | Active Option Contract |
|---|---|
| MLS # | 20718210 |
| Days on Market | 26 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Full Duplex |
| Year Built | 1984 |
| Lot Size | 0.17 AC / 7,492 SF |
| County | Dallas County |
| Buyer's Agent Compensation | 2.5% |
Building Information for 1426 Lakecrest Drive
Property Information for 1426 Lakecrest Drive
- Block: B
- Complex Name: n/a
- Directions: google maps are accurate
- Elementary School: Hobbs Williams
- Elementary School Name: Hobbs Williams
- High School: Grand Prairie
- High School Name: Grand Prairie
- Middle School: Kennedy
- Year Built Details: Preowned
- School District: Grand Prairie ISD
- Geocode Confidence: High
- Latitude: 32.73
- Longitude: -96.98
- State: Texas
- Parking Features: Driveway, Off Street, Private
- Carport Spaces: 0
- Attached Garage: No
- Parking Spaces Covered Total: 0
- Garage: No
- Tax Legal Description: LAKE CREST 1 BLK B LT 30
- Association Type: None
- Special Taxing Entities: No
- Tax Lot: 30
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/ntreis/20718210
- Fireplace Features: Living Room
- Fireplaces Total: 2
- Flooring: Carpet, Luxury Vinyl Plank
- Heating: Central, Electric
- Interior Features: Cable TV Available, Eat-in Kitchen, Granite Counters, High Speed Internet Available
- Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator
- Basement: No
- Cooling: Ceiling Fan(s), Central Air, Electric
- Smart Home Features Appor Pass Y: No
- Building Area Source: Public Records
- Construction Materials: Brick
- Exterior Features: Private Yard
- Fencing: Back Yard, Fenced, Full, Wood
- Foundation Details: Slab
- Number Of Stories: 1
- Roof: Composition, Shingle
- Waterfront: No
- Horse Permitted: No
- Number Of Units Total: 2
- Levels: One
- Utilities: City Sewer, City Water, Individual Gas Meter, Individual Water Meter, Sidewalk
- Accessory Unit: No
- Exclusions: n/a
- Financing Proposed: 1031 Exchange, Cash, Conventional, FHA, VA Loan
- Handicap: No
- Loan Type: Treat As Clear
- Property Match: Address
- Lot Features: Lrg. Backyard Grass
- Lot Size: Less Than .5 Acre (not Zero)
- Lot Size Acres: 0.172
- Lot Size Area: 0.172
- Lot Size Units: Acres
- Lot Size Square Feet: 7492.32
- Multi Parcel ID: No
- Parcel Number: 28111500020300000
- Lake Pump: No
- Number Of Buildings: 2
- Capitalization Rate: 7.60%
- Gross Annual Expenses: $10,000
- Gross Annual Income: $48,000
- Insurance Expense: $1,200
- Net Operation Income: $38,000.00
- Approximate SQFT: 1170.0
- Average Lease Amount: $2,000.00
- Dining Area Length: 1.0
- Kitchen Length: 1.0
- Living Area Length: 1.0
- Master Bed Length: 1.0
- Unit Type Type: 3 Bedroom
- Unit Type Units Total: 1
- Approximate SQFT: 1170.0
- Average Lease Amount: $2,000.00
- Dining Area Length: 1.0
- Kitchen Length: 1.0
- Living Area Length: 1.0
- Master Bed Length: 1.0
- Number Of Baths Full: 2
- Number Of Baths Half: 0
- Unit Type Type: 3 Bedroom
- Unit Type Units Total: 1
Property History for 1426 Lakecrest Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1426 Lakecrest Drive
Schools near 1426 Lakecrest Drive
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 12 | |||
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Crosswinds High School PublicPK to 12 | ||
Hobbs Williams Elementary School PublicK to 5 | ||
Ymla At John F Kennedy Middle Public6 to 8 | ||
Young Women's Leadership Academy at Arnold Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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