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$400,000

10856 Carissa Dr, Dallas, TX, 75218

$520,000 ARVInfo
PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,214 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.67 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

AuctionARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Double Oven
FlooringCarpet, Tile

Exterior

Lot Size10,575 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000764693390000
Lot Number25
SubdivisionLochwood Meadows
Land UseResidential
Legal DescriptionLOCHWOOD MEADOWS BLK 24/7692 LOT 25 INT20070253075 DD07102007 CO-DC 7692 024 02500 3007692 024
Census Tract012801
Assessed Land Value$150,000
Assessed Improvement Value$372,770
Assessment Year2025

About this property

Central Texas Auction & Realty is proud to present 10856 Carissa Drive, Dallas, TX, to be sold at auction on September 12th at 11AM. THE LISTING PRICE OF $400,000.00 IS THE MINIMUM OPENING BID. Location, location, location! This spacious 4-bedroom, 2.5-bath, full-brick home offers over 2,200 square feet in Lochwood Meadows, an established neighborhood surrounded by mature trees. Inside, you’ll find two generous living areas, a cozy fireplace, and beautiful hardwood built-ins that add warmth and character throughout. The enclosed sunroom offers additional space to relax, entertain, or enjoy year-round, while the attached 2-car garage provides plenty of parking and storage. Conveniently located near hospitals, shopping, dining, and everyday amenities, this home offers the perfect combination of space, character, and a hard-to-beat location.

Investor Tools

$28,985Estimated Mortgage Balance
$679,015Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$520,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,248 /month
Positive
Cash Flow Estimate:
$1,416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,480
$522,770
2025
$150,000
$372,770
$522,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,480
$522,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$191,200
No
First
May 24, 2013
Jun 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,985
$678,015
95%
4%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
N/A
+$2,080/mo
3.5%

City: Dallas

10856 Carissa Dr | Property Details | No Agent List