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$875,000

9345 E Lake Highlands Dr, Dallas, TX, 75218

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,487 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$351.83 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringWood

Exterior

Lot Size11,454 sqft

Building Information

Year Built1955
Roof Type105
Garage Spaces2

Land Information

APN00000392071000000
Lot Number18
SubdivisionLake Highlands
Land UseResidential
Legal DescriptionLAKE HIGHLANDS BLK 6/5385 LOT 18 INT201600333924 DD11232016 CO-DC 5385 006 01800 3005385 006
Census Tract012900
Assessed Land Value$572,700
Assessed Improvement Value$72,640
Assessment Year2026

About this property

If you know the Peninsula neighborhood, you know how special it is. Winding streets, beautiful homes, mature trees, and White Rock Lake just a short distance away give this pocket of East Dallas a character all its own. And if you have ever looked for a place to build here, you also know how rarely an opportunity like this comes along. 9345 East Lake Highlands Drive offers an oversized .31-acre building site, larger than many lots in the neighborhood, with beautiful mature trees and gently sloping topography that opens up interesting possibilities for custom architecture. With approximately 65 feet of frontage and an irregular shape extending as deep as 233 feet, there is room to think creatively about what could be built here. But what makes this property even more unusual is what is across the street: a park. Instead of looking directly into another row of homes, the property enjoys views of green space, creating an open, natural feeling that is increasingly difficult to find in the middle of a major city. Trees, park views, winding streets, and the lake nearby make the setting feel surprisingly removed from the density of metropolitan Dallas. And then there is White Rock Lake. From the property, it is just a short distance to the lake and its extensive trail system, putting walking, running, biking, and some of Dallas’s best outdoor recreation practically outside your door. Located in Dallas ISD and feeding to Hexter Elementary, this is a rare opportunity to build a dream home in the Peninsula on an oversized lot near White Rock Lake. Building sites here are difficult to find. One with this much land, mature trees, interesting topography, park views, and such easy access to the lake is something truly special.

Investor Tools

$443,826Estimated Mortgage Balance
$561,174Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,030 /month
Positive
Cash Flow Estimate:
$2,010 /month

Interested in this property?

Katherine Roberts

Briggs Freeman Sotheby's Int'l

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,746
$645,340
2026
$572,700
$72,640
$645,340
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,746
$645,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$489,750
No
First
Nov 1, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$443,826
$561,174
55%
44%
$2,937/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,937/mo
$-857/mo
2.5%

City: Dallas

9345 E Lake Highlands Dr | Property Details | No Agent List