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Prime Investment Opportunity: 5515 Knights Ct, Lake Dallas, TX $328,000

5515 Knights Court, Lake Dallas, TX 75065

3 br, 2.0 ba, 1976 0 sf
Denton County
Ad #: 6735507

Lake Home For Sale near Lake Lewisville

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.

Property Details

  • Beds: 3
  • Baths: 2.0
  • Year Built: 1976
  • Location: Lake Lewisville
  • Acres: 0.147
  • County: Denton County
  • Community: Kings Manor Add Ph 1 & 2
  • Heat/AC: Central, Electric (Heating), Fireplace(s)
  • Garage: Carport, Garage
  • Siding: Brick
  • Roof: Composition
  • Stories: 1
  • Fireplaces: Has Fireplace
  • MLS #: 21085396

Location

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Contact Information:

Contact Agent
Buyer's Agent: Renee Scandalis
Homes on the Lake Realty, LLC
940-453-7754
Please say you found it on Lakehouse.com !		 Listing Agent: Dwayne Marshall, All City Real Estate, Ltd. Co., 817-601-1630, 866-277-6005 Listing Site, Listing Status: Active
Copyright © 2025 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.

Ad Statistics:

Lake Home For Sale in Lake Dallas, Texas
Ad Number : 6735507
Viewed: 3 times
Added: Oct 18, 2025
Updated on: Oct 18, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.