10509 Evangeline Way
About This Property
Inside, you'll find original hardwood floors, classic brickwork, and period pavers at the entry that highlight the craftsmanship of the era. Large windows in every room and angle bring in abundant natural light, creating a warm and inviting atmosphere throughout. The primary bedroom features an ensuite back and sliding glass doors to the outdoor space.
Step outside to an oversized backyard oasis, complete with mature bamboo for added privacy, custom pavers, and a unique conversation pit-perfect for entertaining or relaxing under the stars. The combination of original design and thoughtfully preserved outdoor spaces makes this home truly one-of-a-kind.
The two-car carport pays homage to the signature style of mid-century design while offering practical functionality, including an enclosed storage space you can lock for added convenience.
With its prime East Dallas location and close proximity to White Rock Lake's trails, parks, and recreation, this mid-century gem offers a lifestyle that's as vibrant as it is serene.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 26, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Sep 4, 2025 | Listed by Compass RE Texas, LLC | $649,999 | |
| Listed by Compass RE Texas, LLC | |||
| Jun 17, 2022 | Sold | ||
| Sold | |||
| Apr 16, 2022 | Listed by David Griffin & Company | $550,000 | |
| Listed by David Griffin & Company | |||
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Property back on the market due to buyer's personal problems - no fault of the home or the sellers. This is your chance to own a classic mid-century modern in ever-popular Lochwood. Appropriately updated, this beauty offers real hardwoods throughout, quartz countertops, the original retro wall oven, signature transom windows and a George Nelson saucer pendant lamp. Homes of this quality and design character are quite rare. Do not miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017