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$675,000

10036 Lakemere Dr, Dallas, TX, 75238

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,756 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$384.4 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringTile, Wood

Exterior

Lot Size8,486 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000748135000000
Lot Number7-A
SubdivisionLake Ridge
Land UseResidential
Legal DescriptionLAKE RIDGE ESTATES 2 BLK A/7527 LOT 7-A INT20240024438 DD11042024 CO-DC 7527 00A 07A00 3007527 00A
Census Tract013012
Assessed Land Value$435,000
Assessed Improvement Value$277,400
Assessment Year2025

About this property

**Offer Deadline set for Monday 9.23 at 2 pm** Welcome to 10036 Lakemere, located in the desirable Lake Ridge Estates neighborhood of Lake Highlands. This charming home was taken to the studs in 2011 and features original hardwood floors and an open-concept kitchen with a large island with seating, beautiful cabinetry, stainless steel appliances, and high-end finishes. The utility room doubles as a butler’s pantry and provides easy access to attached 2 car garage. All bedrooms boast hardwood floors and custom Elfa shelving. The backyard offers an expansive deck, turfed yard, and a beautiful oak tree providing ample shade. Mechanical improvements include HVAC 2021, roof 2019, and hot water heater 2017. Don’t miss this exceptional home!

Investor Tools

Property Icon
$712,400
Estimated Property Value
$362,400Estimated Mortgage Balance
$360,224Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,274 /month
Positive
Cash Flow Estimate:
$1,425 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,055/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,094
$712,400
2025
$435,000
$277,400
$712,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,094
$712,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Citizens Bank & Trust Co
Conventional
$362,400
No
First
Oct 14, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$352,176
$360,224
50%
49%
$2,173/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,173/mo
$-201/mo
3.3%

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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10036 Lakemere Dr | Property Details | No Agent List