Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker American Dream Realty
Property view
Listing view 2
Listing view 3

5515 Knights Court, 
Lake Dallas, TX 75065

$328,000


3

Beds


2

Baths


1,458

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Dwayne Marshall

All City Real Estate Ltd. Co

Last updated:

November 1, 2025, 11:53 AM

MLS#

21085396

Source:

GDAR

About This Home

5515 Knights Court

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.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1976

Price Summary

328,000

$224 per Sq. Ft.

MLS #:

21085396

Last Updated:

November 1, 2025, 11:53 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,458 Sq. Ft.


Structure

Structure

Building Area:

1,458 Sq. Ft.

Year Built:

1976


Lot

Lot Size (Sq. Ft):

6,403


Finances & Disclosures

Finances

Price:

$328,000

Price per Sq. Ft:

$224 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated November 1, 2025 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker American Dream Realty.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.