Rowlett, TX 75088 7418 Tulane Drive
$699,000



18 more



















Presented By: Stefani Myers with Compass RE Texas, LLC.; 972-984-0948
Home Details
Positioned on a corner lot, this 2,604 sqft two-story duplex presents a rare opportunity to acquire a FULLY LEASED property with strong rental potential. Each unit features 3BD, 2.5BA, a one-car garage with additional parking, and a private backyard. Inside both units, you are greeted by a spacious living room that flows seamlessly into the kitchen and dining area, creating an open and inviting layout. A convenient half bath is located on the main floor, while all three bedrooms and two full baths are situated upstairs for added privacy. Recent improvements include, new water heaters -2023, new fence 2023, updated flooring, fresh interior paint and more. Leases are secured with Unit A through 11.30.2025 and Unit B through 2.15.2026. Centrally located near I30 and PGBT with easy access to Lake Ray Hubbard, shopping, and dining, this property is well-positioned for ongoing rental demand. No HOA adds to the long-term investment value and flexibility. Whether you're expanding your portfolio or seeking a low-maintenance addition, this duplex represents an excellent opportunity.
Presented By: Stefani Myers with Compass RE Texas, LLC.; 972-984-0948
Interior Features for 7418 Tulane Drive
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths2
Total Baths6
Other Interior Features
Unit Count1
Fireplaces Total0
Lock Box TypeSupra
Basement Y/NNo
FlooringCarpet, Engineered Wood, Tile
Interior FeaturesDecorative Lighting, Walk-In Closet(s)
Total Units2
General for 7418 Tulane Drive
# of Buildings1
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
Capitalization Rate0.00
CityRowlett
Complex NameN/A
Construction MaterialsBrick, Siding, Other
CoolingCeiling Fan(s), Central Air, Zoned
CountyDallas
DirectionsPlease map it
Elementary SchoolChoice Of School
Elementary School NameChoice Of School
Full Baths4
Gross Annual Expenses0.00
HOA TypeNone
HeatingCentral
High SchoolChoice Of School
Insurance Expense
LevelsTwo
Number of Garage Spaces2
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictGarland ISD
Standard StatusActive
StatusActive
Subdivision NameCollege Park 02
Unexempt Taxes11259
UtilitiesCity Sewer, City Water, Concrete, Curbs, Electricity Available
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1985
Year Built DetailsPreowned
Exterior for 7418 Tulane Drive
Attached Garage Y/NYes
Building Area Total2604.00
Exterior FeaturesOther
FencingWood
Foundation Slab
Garage Y/NYes
Lot FeaturesCorner Lot, Landscaped
Lot Size Acres0.0870
Lot Size Area0.0870
Lot Size Square Feet3789.7200
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesAdditional Parking, Driveway, Garage Faces Rear, Outside