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$730,000

9438 Erie Ct, Dallas, TX, 75218

Off MarketInfo
Baths1 Bath
Baths1,470 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$425.17 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone

Exterior

Lot Size14,118 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000392170000000
Lot Number4
SubdivisionTerrills R G
Land UseResidential
Legal DescriptionTERRILLS R G BLK 9/5388 LT 4 INT202400161575 DD08092024 CO-DC 5388 009 00400 3005388 009
Census Tract012900
Assessed Land Value$705,900
Assessment Year2025

About this property

This is a rare opportunity to capture this exceptional build site in the much sought-after Peninsula, one of the most coveted neighborhoods on the shores of White Rock Lake. For the first time on the market in over forty-five years, this property offers an excellent opportunity to design and build your architectural masterpiece. This Heavily treed 14,110-square-foot corner lot provides a tranquil setting and is steps away from the lake and park. THE HOME IS BEING SOLD AS IS, FOR LOT VALUE ONLY!

Investor Tools

Property Icon
$730,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$631,314Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$620/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,796
$705,900
2025
$705,900
N/A
$705,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,796
$705,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interbank
Open End Mortgage / Open End With Future Advance Clause
$100,000
No
First
Aug 12, 2025
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,686
$631,314
86%
14%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$600/mo
+$1,050/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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