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Days39Days on Market
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$925,000

9807 Lakemere Drive, Dallas, TX, 75238

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,098 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$440.9 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Convection Oven, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
FlooringHardwood, Marble, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size10,052 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000749008000000
Lot Number1
SubdivisionLake Ridge
Land UseResidential
Legal DescriptionLAKE RIDGE ESTATES 7 BLK L/7527 LOT 1 INT201800118350 DD04302018 CO-DC 7527 00L 00100 3007527 00L
Census Tract013012
Assessed Land Value$478,500
Assessed Improvement Value$211,500
Assessment Year2025

About this property

Thoughtfully renovated by Marable Homes in 2018, this beautifully updated home blends timeless design with modern functionality in the heart of sought-after Lake Ridge Estates. Situated on a spacious, tree-lined corner lot, the home offers 3 bedrooms, 2.5 baths, a dedicated office or playroom, and a sun-drenched sunroom filled with natural light. A welcoming foyer featuring designer wallpaper sets the tone for the stylish interiors. Hardwood floors flow throughout the home, while vaulted ceilings create an airy, open feel. The versatile office, located just off the dining room and enclosed by French doors, provides the perfect space for working from home, a playroom, or a private retreat. The open-concept kitchen with high end appliances is designed for both everyday living and entertaining, showcasing quartz countertops and seamless sightlines into the expansive living room, where a vaulted ceiling and oversized wood-burning fireplace create a warm and inviting gathering space. The spacious primary suite serves as a true sanctuary, complete with two generous walk in closets and a spa-inspired bathroom featuring marble finishes, dual vanities, a freestanding soaking tub, and a walk-in marble shower with a luxurious rain shower head. Step outside to an incredible outdoor living space highlighted by an almost 500-square-foot covered patio with fireplace inspired by Serena & Lily design. Complete with designer lighting and elegant bluestone pavers, this all-season retreat is ideal for entertaining, dining, and relaxing rain or shine. Located on one of the neighborhood’s most desirable streets and within walking distance to Lake Highlands Elementary, this exceptional home offers the perfect combination of style, comfort, and location. Recent updates include roof replacement in 2019, complete landscaping renovation, attic storage expansion and covered patio addition.

Investor Tools

Property Icon
$708,000
Estimated Property Value
$0Estimated Mortgage Balance
$708,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

Interested in this property?

Alyssa Ramsey

Dave Perry Miller Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$775/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,759
$690,000
2025
$478,500
$211,500
$690,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,759
$690,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$708,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
3.3%

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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