INVESTORS ONLY! Start earning income from day one with this turnkey investment property featuring a dependable long-term tenant already in place. The current tenant has renewed their lease through July 2027 @ $1,600 per month, providing immediate cash flow. The tenant has maintained an excellent payment history with no late payments, offering a proven rental history and seamless transition for the new owner. HOA dues are $482 per month. Nestled within the gated One Orleans Place community in Richardson ISD, this spacious townhome style condominium offers 2 bedrooms, 2.5 baths, and approximately 1,075 square feet of comfortable living. A welcoming private entrance tucked among mature trees and lush landscaping, creating a peaceful setting rarely found in condominium living. Inside, the inviting living room features a cozy fireplace, while the galley kitchen offers granite countertops, and breakfast bar that connects to the dining area.. A convenient half bath is located on the first floor for guests. Both bedrooms are privately situated upstairs, each featuring its own ensuite bath and walk-in closet. The oversized primary suite includes a generous sitting area that’s perfect for a home office, reading nook, or exercise space plus a private balcony overlooking the wooded creek and natural surroundings, providing a relaxing retreat. Step outside to beautifully maintained grounds with towering shade trees, tranquil creek views, and inviting outdoor spaces that give the community a park-like atmosphere and just steps from the community sparkling pool with adjoining sun deck and picnic area. Residents enjoy gated access, assigned covered parking, and HOA-maintained grounds for truly low-maintenance ownership. Conveniently located near I-635, shopping, dining, and major employment centers, this is an outstanding opportunity to add a stable, income-producing property to your investment portfolio.
Lake Highlands, located between White Rock Lake and Richardson, is a residential and outdoorsy Dallas neighborhood with a creek-laced greenbelt network and mid-century ranch streetscapes. The neighborhood’s character concentrates around the Lake Highlands Town Center at Skillman Street and Walnut Hill Lane, where patios, local shops, and a steady café-and-errands rhythm set the tone. Community pillars include Vector Brewing, Lake Highlands Brewing Co., and the Lake Highlands North Branch Library. Brick ranch homes and updated contemporaries sit under mature trees, with pocket parks and trailheads threading through. White Rock Creek and nearby lakefront paths shape daily routines, from runs to dog walks. DART’s Lake Highlands Station adds a commuter-friendly edge without changing the quiet, park-forward feel.
Provided by Walk Score and Local Logic
Offer insights
11655 Audelia Rd #407 · $170,000
$170K and above
75% chance or better to win
Why $170K+ is a strong offer
DAYS ON MARKET
25 days
The average home goes pending in 80 days.
SALE-TO-LIST
95.9%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Granite countertops
Breakfast bar
Galley kitchen
Pantry
Water line to refrigerator
Fireplace in living room
Single living area
Dining area
Bedrooms
Two bedrooms
Primary bedroom (second floor) with ensuite bath, walk-in closet and dual sinks
Second primary-style bedroom (second floor) with ensuite bath, sitting area and walk-in closet
Bathrooms
Two full bathrooms
One half bathroom
Primary bath with dual master baths, dual sinks and granite countertop
Kitchen
Dishwasher
Electric range
Microwave
Laundry & utility
Stacked washer/dryer area
Flooring
Carpet
Tile
Heating & cooling
Central heating
Electric heating
Fireplace heating
Central air conditioning (electric)
Exterior features
Rear porch
Balcony
Community pool
Gated community with perimeter fencing
Home design
Residential condominium
Attached property
Two stories
Building D
Facing within a gated complex (One Orleans Place)
Parking
Assigned carport space (covered, 1 space)
Security
Gated community
Smoke detector(s)
Construction
Built in 1982
Brick and siding exterior
Shingle roof
Slab foundation
Utilities
City water
City sewer
HOA & community
Mandatory association
Monthly association fee
Association fee covers front and back yard maintenance, grounds and structure maintenance, security and sewer
HOA managed by One Orleans Place
Financial info
Listing offered for cash or conventional financing
Possession subject to lease
Other
Community name: One Orleans Place
Complex features include community pool and perimeter fencing
Electricity and solar
View estimated energy costs and solar savings for this home
The MF-1(A) districts are composed mainly of areas containing mixtures of single family, duplex, and multifamily dwellings and certain uniformly developed multifamily dwelling sections. These districts are medium density districts and are located in certain areas close into the center of the city and at various outlying locations. The area regulations are designed to protect the residential character and to prevent the overcrowding of the land by providing minimum standards for building spacing, yards, off-street parking, and coverage. All commercial and office uses are prohibited. It is anticipated that additional areas may be designated in the MF-1(A) district from time to time in the future where the change is appropriate and access and utility services can reasonably accommodate these medium density dwellings. Additionally, the district is created to encourage the provision of affordable housing.