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$325,000
44 Days On Site

5515 Knights Court
Lake Dallas, TX 75065

For Sale|Multi Family|Active
3
Beds
2
Total Baths
2
Full Baths
1,458
SqFt
$223
/SqFt
1976
Built
Subdivision:
Kings Manor Add Ph 1 & 2
County:
Denton
5515 Knights Court5515 Knights Court
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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.

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Listing Snapshot
Price 
$325,000
Days On Site 
44 Days
Bedrooms 
3
Inside Area (SqFt) 
1,458 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.147 Acres
Year Built 
1976
MLS® Number 
21085396
Status 
Active
Property Tax 
$5,806
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $325,000
a month agoListing first seen on site
General Features
Acres 
0.147
Attached Garage 
Yes
Carport 
2
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Levels 
One
Parking 
Alley AccessCarportGarage Door OpenerAttached
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1458
Utilities 
Electricity Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalElectric RangeElectric Water HeaterMicrowave
Cooling 
Ceiling Fan(s)Central AirElectric
Fireplace 
Yes
Fireplace Features 
Wood Burning
Fireplaces 
1
Flooring 
Vinyl
Heating 
CentralElectric
Interior 
Granite CountersVaulted Ceiling(s)Walk-In Closet(s)
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Exterior Features
Construction Details 
Wood SidingBrick
Fencing 
Wood
Lot Features 
Corner LotCul-De-Sac
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
School District 
Lake Dallas ISD
Schools
School District
Lake Dallas ISD
Elementary School
Lake Dallas
Middle School
Lake Dallas
High School
Lake Dallas
Listing courtesy of Dwayne Marshall of All City Real Estate Ltd. Co [email protected]



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Last checked: 2025-11-30 10:59 PM CST

Neighborhood & Commute
Source: Walkscore
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