10862 Carissa Drive
About This Property
Offering approximately 2,400 square feet, the home includes 3 bedrooms, 2.5 baths, and a flexible bonus room ideal for a home office, workout space, or studio. The main living area is a true showstopper, featuring vaulted ceilings, a dramatic floor-to-ceiling stone fireplace, and views to the backyard pool. Double doors from the primary suite open directly to the pool, creating a seamless indoor-outdoor connection.
The open kitchen and living areas are designed for both everyday living and entertaining, with updated stainless steel appliances, refreshed countertops, and finishes that feel current yet timeless. Extensive updates include newer windows, updated flooring, plantation shutters, designer lighting, updated bath enclosures, a water filtration system, upgraded fencing, and a well-organized garage-making this home truly move-in ready.
Outside, enjoy a private backyard retreat with a resurfaced pool and spa, lush landscaping, and a side yard with a deck just off the kitchen-perfect for morning coffee, evening gatherings, or pets.
Lochwood is known for its tree-canopied streets, greenbelts leading to White Rock Lake, and a strong sense of community, all while offering convenient access to the best of East Dallas. This home is the rare blend of design-forward style, entertainer-friendly spaces, and peaceful retreat living-ready for its next chapter.
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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 |
|---|---|---|---|
| Feb 25, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Christie's Lone Star | $650,000 | |
| Listed by Christie's Lone Star | |||
| Dec 9, 2025 | No longer available | - | |
| No longer available | |||
| Nov 29, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017