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$1,352,000

NAL Estimated Property Value

8506 Lakemont Drive, Dallas, TX, 75209

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.13 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Disposal, Double Oven, Electric Cooktop, Electric Oven, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Stone, Terrazzo, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,500 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000357214000000
Lot Number25
SubdivisionCrest Haven Place
Land UseResidential
Legal DescriptionCREST HAVEN PLACE BLK B/5056 LT 25 INT202000276511 DD10052020 CO-DC 5056 00B 02500 1005056 00B
Census Tract007302
Assessed Land Value$425,000
Assessed Improvement Value$742,260
Assessment Year2025

About this property

You don't want to miss this one! Absolutely gorgeous and truly move in ready! Entry and Living offer 25' Ceilings Light filled rooms, excellent floorplan. Dwnstairs Master Bedrm. Amazing Kitchen with recently added Quartz countertops, newer wood flooring, high end SS appliance package, abundance of cabs and storage. Kitchen flows perfectly into the light filled living room with stone fireplace and wall of windows. Backyard with recent outdoor grill addition, lush landscaping and large covered patio. Second floor equally inviting with gen. sized bedrooms, game rm with wet bar, movie style media room. Fabulous location with easy access to Downtown, Airport and Shopping. Roof '20. So many updates. See Supplements.

Investor Tools

Property Icon
$1,352,000
Estimated Property Value
$710,387Estimated Mortgage Balance
$641,613Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,112 /month
Positive
Cash Flow Estimate:
$2,704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,191/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,531
$1,167,260
2025
$425,000
$742,260
$1,167,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,531
$1,167,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amplify Cu
Conventional
$775,000
No
First
Dec 15, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$710,387
$641,613
47%
53%
$4,647/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,090/mo
$4,647/mo
$-1,557/mo
2.7%

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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8506 Lakemont Drive | Property Details | No Agent List