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$724,900

10608 Creekmere Dr, Dallas, TX, 75218

$853,602 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.34 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,900 sqft

Building Information

Year Built1958
Stories1
Roof Type111
Garage Spaces2

Land Information

APN00000380935000000
Lot Number12
SubdivisionLochwood
Land UseResidential
Legal DescriptionLOCHWOOD BLK 12/5364 LT 12 CREEKMERE & SILVEROCK INT202300246751 DD12052023 CO-DC 5364 012 01200 3005364 012
Census Tract012802
Assessed Land Value$187,000
Assessed Improvement Value$532,420
Assessment Year2025

About this property

Spacious, open and inviting, this Lochwood beauty is remarkable and ready for new owners. The heavily shaded lot leads to welcoming front porch with space to rest and enjoy the sights of the Dixon Branch Greenbelt across the street. Entry leads to formal dining with original crown molding, plantation shutters and hardwoods. Kitchen opens to huge, bright den with fireplace. Second living and dining areas wrap the den to allow tons of space for entertaining. Primary bedroom with huge updated bath offers plenty of space for sitting area. Two bedrooms down both feature hardwood flooring. Fourth bedroom boasts en-suite bath. Backyard with electric sliding gate is versatile and beautifully landscaped. With areas of flagstone for outdoor living as well as a side yard with new sod, this space is just another ideal area for play and entertainment. Durable metal roof replaced in 2021. Just minutes from White Rock Lake and several Dallas thoroughfares, this home is perfectly located.

Investor Tools

Property Icon
$820,000
Estimated Property Value
$286,000Estimated Mortgage Balance
$546,524Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$853,602
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,920 /month
Positive
Cash Flow Estimate:
$1,640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,218/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,521
$719,420
2025
$187,000
$532,420
$719,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,521
$719,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Oaktree Funding Corp
Conventional
$286,000
No
First
Dec 6, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,476
$546,524
66%
33%
$1,715/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,715/mo
+$995/mo
4.0%

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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