Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$449,000

849 Berkinshire Dr, Dallas, TX, 75218

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,426 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$314.87 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

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
FlooringCarpet, Linoleum

Exterior

Lot Size6,264 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000518206000000
Lot Number20
SubdivisionLake Terrace
Land UseResidential
Legal DescriptionLAKE TERRACE BLK F/6133 LT 20 INT201500038323 DD02032015 CO-DC 6133 00F 02000 3DA6133 00F
Census Tract012900
Assessed Land Value$250,560
Assessed Improvement Value$199,500
Assessment Year2025

About this property

Nestled in the highly sought-after Lake Terrace neighborhood of East Dallas, this charming 3-bedroom, 2-bath pier-and-beam home offers a wonderful opportunity to create your dream home in one of the area's most desirable locations. With 1,426 square feet of single-story living, this home is ready for its next owner to update and personalize to their own style. The functional floor plan features spacious living areas, while the attached 1-car garage has been partially converted to provide additional flexible living space while still retaining valuable storage. The location is where this property truly shines. Just minutes from White Rock Lake and the Dallas Arboretum, you'll enjoy easy access to miles of scenic hiking and biking trails, kayaking, picnicking, seasonal events, and beautiful lakeside views. The surrounding area is known for its vibrant collection of local restaurants, breweries, coffee shops, shopping, and entertainment, offering an ideal blend of outdoor recreation and urban convenience. With quick access to major highways and Downtown Dallas, commuting is simple while still enjoying the character and charm that make Lake Terrace such a beloved neighborhood. Whether you're an investor, first-time buyer, or someone looking to renovate in an established community, this home offers exceptional potential in an unbeatable East Dallas location.

Investor Tools

$0Estimated Mortgage Balance
$517,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,102 /month
Positive
Cash Flow Estimate:
$1,034 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,039/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,887
$450,060
2025
$250,560
$199,500
$450,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,887
$450,060

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$527,000
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
4.8%

Learn About the Market: Opportunity in Dallas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

849 Berkinshire Dr | Property Details | No Agent List