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$460,000

9809 Lakemont Dr, Dallas, TX, 75220

$527,442 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,597 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$288.04 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Electric Water Heater, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size8,127 sqft

Building Information

Year Built1951
Stories1
Roof Type105

Land Information

APN00000525916000000
Lot Number17
SubdivisionGlenridge
Land UseResidential
Legal DescriptionGLENRIDGE ESTATES 2ND SEC BLK 18/6147 LT 17 INT202100108742 DD04122021 CO-DC 6147 018 01700 1006147 018
Census Tract009402
Assessed Land Value$550,000
Assessed Improvement Value$123,690
Assessment Year2025

About this property

Delightful 2 bedroom, 2 bath brick cottage with 2 living areas sited in the heart of sought after Glenridge Estates. Architect designed floorpan with enhanced storage and light filled updates perfect for today's lifestyle. Open kitchen boasts custom cabinetry, dine in breakfast bar, gas range, stainless steel appliances and beautiful views of the fab backyard. Waterwise Climate Zone 8 perennials...low maintenance yard thrives in Texas heat with lengthy floral blooms in Fall and Spring. Detailed disclosure. Note: roof 2019, new HVAC 2018, new gas line 2019, new sewer line 2012, 2 H2O htrs...1 is tankless.Walkable neighborhood close to St Monica Church & School, Central Market & popular neighborhood eateries.

Investor Tools

Property Icon
$673,690
Estimated Property Value
$399,500Estimated Mortgage Balance
$313,054Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$527,441
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,042 /month
Positive
Cash Flow Estimate:
$1,347 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,033/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,025
$673,690
2025
$550,000
$123,690
$673,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,025
$673,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$399,500
No
First
Apr 12, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,636
$313,054
46%
54%
$2,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$2,396/mo
$-831/mo
2.8%

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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9809 Lakemont Dr | Property Details | No Agent List