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$799,000

9702 Lakemont Dr, Dallas, TX, 75220

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,869 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$427.5 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringCeramic Tile, Tile, Wood

Exterior

Exterior FeaturesDog Run, Rain Gutters
Lot Size4,224 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000525097000000
Lot Number20
SubdivisionGlenridge
Land UseResidential
Legal DescriptionGLENRIDGE ESTATES 2 2ND SEC BLK 8/6147 LT 20 LAKEMONT & PARKLANE INT202200125722 DD05042022 CO-DC 6147 008 02000 1006147 008
Census Tract009402
Assessed Land Value$550,000
Assessed Improvement Value$319,430
Assessment Year2025

About this property

Charming Ranch located on an amazing corner lot (70x130) in Midway Hollow. Backyard has room to entertain, grass for play as well as space to add a pool.Tastefully expanded and updated in 2018, this lovely home features three bedroom and 2.5 baths, two living spaces and lots of added storage. The kitchen with stainless steel appliances, granite countops and white cabinetry is centrally positioned for entertaining and access to both living and dining spaces. The owner suite features an updated bath with walk in shower. Wood Floors throughout. Beautiful trees. Turfed dog run.Seller requests a leaseback until June 26th. Refrigerator and children's Fort in the backyard remains with sale. Showings begin Friday April 22 at noon.

Investor Tools

Property Icon
$869,430
Estimated Property Value
$798,000Estimated Mortgage Balance
$0Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,217 /month
Positive
Cash Flow Estimate:
$1,739 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,812/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,391
$869,430
2025
$550,000
$319,430
$869,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,391
$869,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Unknown
$798,000
No
First
Mar 14, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,591,394
N/A
0%
183%
$9,570/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$9,570/mo
$-7,598/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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9702 Lakemont Dr | Property Details | No Agent List