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Days37Days on Market
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$367,000

$375,000

10509 Channel Dr, Dallas, TX, 75229

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,797 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.23 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Gas Oven, Gas Water Heater, Microwave, Vented Exhaust Fan

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,548 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000599731000000
Lot Number15
SubdivisionWalnut Hills 4th Inst
Land UseResidential
Legal DescriptionWALNUT HILLS 4TH INST BLK 30/6461 LOT 15 PROB 08-3619-P2 DD07262008 CO-DC 6461 030 01500 1006461 030
Census Tract009701
Assessed Land Value$110,000
Assessed Improvement Value$208,110
Assessment Year2025

About this property

Completely renovated and move-in ready! This beautifully updated home features an open-concept layout, spacious living areas, luxury vinyl plank flooring, and a stunning kitchen with quartz countertops, white shaker cabinets, stainless steel appliances, and a large island perfect for entertaining. The spacious primary suite and designer bathrooms showcase modern finishes throughout. Major improvements include foundation repairs completed in 2026 and a roof approximately 4 years old, offering added peace of mind. Situated on a generous lot with mature trees, outdoor living space, and a detached garage, this home blends style, comfort, and functionality in a convenient Dallas location.

Investor Tools

Property Icon
$318,110
Estimated Property Value
$289,000Estimated Mortgage Balance
$31,205Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Deba Douglas

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$723/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,083
$318,110
2025
$110,000
$208,110
$318,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,083
$318,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trident Realty Investments Llc
Commercial
$289,000
No
First
Feb 27, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,327
$30,783
9%
90%
$1,733/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,733/mo
+$239/mo
7.4%

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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10509 Channel Dr | Property Details | No Agent List