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$475,000

10208 Lake Gardens Drive, Dallas, TX, 75218

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,335 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$355.81 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven
FlooringVinyl

Exterior

Lot Size12,870 sqft

Building Information

Year Built1951
Stories1
Roof Type172
Garage Spaces2

Land Information

APN00000390634000000
SubdivisionLake Gardens
Land UseResidential
Legal DescriptionLAKE GARDENS BLK 1/5376 PT LT & 16 NE 40FT 15 & SW 30FT 16 VOL2000003/8943 DD12301999 CO-DC 5376 001 015 3005376 001
Census Tract008200
Assessed Land Value$450,450
Assessed Improvement Value$149,470
Assessment Year2025

About this property

Positioned on an elevated, tree-filled lot overlooking a lush forested setting, 10208 Lake Gardens Drive presents a rare opportunity in one of East Dallas’s most desirable neighborhoods. With expansive views and exceptional topography, this property offers compelling potential as a well-preserved Mid-Century Modern home or a prime homesite for future new construction. The existing residence embraces the defining principles of modernist architecture—clean lines, natural materials, and a seamless connection to nature. Thoughtfully designed to live comfortably beyond its footprint, the light-filled interior features open living spaces ideal for everyday living and relaxed entertaining. A dramatic floor-to-ceiling brick fireplace anchors the main living area, adding warmth, texture, and authentic Mid-Century character. Surrounded by a neighborhood celebrated for its collection of architecturally significant Mid-Century homes, many thoughtfully renovated or reimagined, the area reflects a strong appreciation for timeless design and long-term value. The elevated lot and natural setting create a uniquely private atmosphere rarely found this close to the city. Located just moments from White Rock Lake, residents enjoy walkability to local dining and shopping along with immediate access to miles of scenic trails, sailing, picnic areas, and one of Dallas’s most beloved dog parks. Morning walks beneath the trees, weekends on the lake, and peaceful natural views create a lifestyle that feels both serene and connected. Preserve the existing architecture, renovate to enhance its original character, or envision an entirely new custom home, 10208 Lake Gardens Drive offers a unique opportunity to secure a premier lot and setting in an increasingly sought-after East Dallas location.

Investor Tools

Property Icon
$599,920
Estimated Property Value
$0Estimated Mortgage Balance
$599,920Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Jenny Capritta

RE/MAX DFW Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,316
$599,920
2025
$450,450
$149,470
$599,920
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,316
$599,920

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$599,920
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
N/A
+$2,080/mo
4.2%

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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