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$899,000

10859 Carissa Dr, Dallas, TX, 75218

PendingInfo
Beds3 Beds
Baths3 Bath
Baths2,261 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$397.61 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Rain Gutters, Outdoor Grill
Lot Size10,722 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000764692420000
Lot Number7
SubdivisionLochwood Meadows
Land UseResidential
Legal DescriptionLOCHWOOD MEADOWS BLK 23/7692 LT 7 INT202300243134 DD12012023 CO-DC 7692 023 00700 3007692 023
Census Tract012801
Assessed Land Value$150,000
Assessed Improvement Value$511,770
Assessment Year2025

About this property

Welcome to this beautifully updated, single-story retreat on a coveted tree-lined street in the heart of Lochwood Meadows. Bright and open, the floorplan offers 3 beds, 2.1 baths, multiple living areas, an eat-in kitchen, and a flexible laundry room currently used as a home office. Vaulted ceilings, designer lighting, warm wood floors, granite counters, a gas fireplace, and abundant natural light create an inviting, sophisticated feel. The primary suite is a serene escape with a spa-like bath, dual sinks, and separate his-and-her closets. Step outside through two sets of French doors into a private, resort-style backyard: a sparkling pool and spa, synthetic turf, covered outdoor kitchen and living area, and a putting green, plus a second large yard perfect for kids and pets. Private gated rear entry leads to the attached two-car garage. This is Lochwood living at its finest, schedule your showing today and see this exceptional home for yourself.

Investor Tools

$692,089Estimated Mortgage Balance
$175,911Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,055
$661,770
2025
$150,000
$511,770
$661,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,055
$661,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$726,200
No
First
Dec 1, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$692,089
$175,911
20%
80%
$4,354/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$4,354/mo
$-1,644/mo
3.7%

Learn About the Market: Opportunity in Dallas

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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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10859 Carissa Dr | Property Details | No Agent List