1Days on Market

4view

$595,000

8507 Lakemont Dr, Dallas, TX, 75209

On Market

Just Added

5 Beds

6 Bath

1,228 Sq Ft

Built in 1947

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5

Bathrooms Full 1

Heating Central

Cooling

Exterior

Lot Size7,500 sqft

Building Information

Year Built1947

Stories1

Roof Type105

Land Information

APN00000357247000000

Lot Number6

SubdivisionCrest Haven Place

Land UseResidential

Legal DescriptionCREST HAVEN PLACE BLK C/5056 LT 6 LAKEMONT DR INT202000292797 DD10222020 CO-DC 5056 00C 00600 1005056 00C

Census Tract007302

Assessed Land Value$425,000

Assessed Improvement Value$72,250

Assessment Year2025

About this property

Great-priced residential lot located in the highly desirable Bluffview neighborhood. This lot-only offering provides an excellent opportunity to build a custom home in one of Dallas' most sought-after areas. Conveniently located near Preston Center, Highland Park Village, NorthPark Center, and Love Field Airport. Enjoy easy access to some of Dallas' favorite dining destinations, including Hillstone, R+D Kitchen, True Food Kitchen, il Bracco, Neighborhood Services, and Eataly Dallas. Shopping is equally convenient with NorthPark Center offering more than 200 stores and restaurants, along with the boutique shops and dining at Preston Center and Highland Park Village.

Investor Tools

$0Estimated Mortgage Balance

$1,808,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,848 /month

Positive

Cash Flow Estimate:

$3,616 /month

Interested in this property?

Jamie Kohlmann

Dave Perry Miller Real Estate

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,676/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,072

$497,250

2025

$425,000

$72,250

$497,250

Tax History

Year

Tax Paid

Assessed Value

2025

$11,072

$497,250

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,808,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,880/mo

N/A

+$1,880/mo

1.2%

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.

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