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$562,000

NAL Estimated Property Value

10009 Lakemere Dr, Dallas, TX, 75238

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,652 Sq Ft
price_per_sqft$302.66 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size8,450 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000748921000000
Lot Number2
SubdivisionLake Ridge
Land UseResidential
Legal DescriptionLAKE RIDGE ESTATES 6 BLK K/7527 LOT 2 LAKEMERE DR INT202400138632 DD07102024 CO-DC 7527 00K 00200 3007527 00K
Census Tract013012
Assessed Land Value$350,000
Assessed Improvement Value$182,900
Assessment Year2025

About this property

Location, location, location! Discover the perfect blend of convenience and charm in this meticulously maintained home, lovingly cared for by the same owners for over 50 years. Nestled in the sought after Lake Highlands area, you'll enjoy close proximity to a variety of restaurants, major shopping centers, grocery stores, White Rock Lake, Dallas Arboretum, and even more amenities, all within just a few miles. This home is zoned to the well-rated Richardson ISD schools, including the nearby Lake Highlands Elementary. Step inside to find beautiful hardwood floors throughout the living areas and bedrooms, adding an extra touch of character and warmth. The combined living and dining rooms create an ideal space for modern living and entertaining, perfect for gatherings and creating lasting memories. The spacious backyard features a spacious top of the line shed, providing flexible storage options. Don’t miss the opportunity to own a piece of Dallas history in an unbeatable location!

Investor Tools

Property Icon
$562,000
Estimated Property Value
$0Estimated Mortgage Balance
$562,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,372 /month
Positive
Cash Flow Estimate:
$1,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$702/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,610
$532,900
2025
$350,000
$182,900
$532,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,610
$532,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$562,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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