Owner
$475,674
9921 E LAKE HIGHLANDS DR, DALLAS, TX
Quick Facts
owner occupied
Yes
vacant
Yes
corporate owner
No
beds
3
baths
2
sq. ft.
1,414
property type
Single Family Residential
hoa
No
About
Residential
Average Condition
Living Area
Attached Garage
1 Story
No Basement
Central
Frame
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1954
Building Size
1,414 sq ft
Lot Size
7,874 sq ft
Lot Size (Acres)
0.18 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
00-00051-809-200-0000
County
Dallas County, Texas
Metro Area
Dallas-Fort Worth-Arlington, TX
Zoning
Z298
Neighborhood/Subdivision
LAKE TERRACE
Lot Number
24
School District
Dallas Independent School District
Legal Description
LAKE TERRACE BLK E/6133 LOT 24 INT200600153271 DD04242006 CO-DC 6133 00E 02400 3DA6133 00E
Tax & Value Information
Market Value (Total)
$405,220
Building Value
$200,500
Land Value
$204,720
Annual Property Tax
$5,937
Tax Assessment Year
2024
Assessed Value
$405,220
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
4/20/2006
Recording Date
4/26/2006
Sales Document #
2006.153271
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$538,168
Average Price per Sq.Ft.: $380.60
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$18,406
Return on Investment
15.60%
After Repair Value
$523,241
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$428,107
Renovation Cost
$23,784
Closing Costs (buying)
$8,562
Holding Costs
$12,988
Selling Costs
$31,394
Total Investment
$117,967
After Repair Value (ARV)
$523,241
Total Costs
$504,835
Estimated Profit
$18,406
Cash Invested
$109,405
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Mixed Use
Walkability
Excellent
(35 POIs within 1mi)
Amenities Within 0.5mi
7
locations
Schools Within 1mi
6
schools
Area Class
C
class
Investor Insight
This is a mixed use area with 35 amenities within 1 mile.
The property is within reach of many amenities.
Key features for tenant appeal:
Schools Nearby
Public Transit
Recreation
High-Risk Services
Map Filters
Key Amenities in the Area
St. John's Episcopal School
0.3 mi • Education
Lake Highlands Park
0.4 mi • Recreation
BarNone
0.5 mi • Adult Entertainment & Liquor
Walgreens
0.8 mi • Essential Services
Compton Automotive
0.8 mi • Automotive & Industrial
First Cash Pawn
0.8 mi • High-Risk Financial Services
Dallas Fire Station 31
1.1 mi • Emergency Services
DART White Rock Station
1.8 mi • Transit