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Dallas 75238 Lake Highlands
9850 Elmcrest Drive
$825,000
● House - Off Market

9850 Elmcrest Drive

Dallas, TX 75238
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,273 Ft²
$4,051
Est. Monthly

About This Property

Nestled in the heart of Lake Highlands' coveted ABC streets and feeding into highly sought-after White Rock Elementary, 9850 Elmcrest is full of charm and modern updates. Perched on a hill with a large lot, the home boasts a delightful front porch and an open layout featuring a fully updated kitchen. The fourth bedroom offers flexibility as an office or guest space, conveniently located near the half bathroom. LED can lighting enhances the spacious rooms, including the primary suite with two closets and a separate vanity. Outside, enjoy a wonderful outdoor space perfect for relaxing or entertaining. This well-cared-for home is move-in ready and waiting for its next owners!
Unit Size
2,273 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$363
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (NTREIS #20788965)

Price History

Date / Event Date Event Price
Jan 8, 2025 Sold
Premium
Sold
Dec 10, 2024 In contract -
In contract
Dec 6, 2024 Listed by Dave Perry Miller Real Estate $825,000
Listed by Dave Perry Miller Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,984
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,735
  • Building Area: 2,273
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,273
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHITE ROCK NORTH
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: WHITE ROCK NORTH BLK T/8127 LOT 36 INT201800132035 DD05152018 CO-DC 8127 00T 03600 3008127 00T

Neighborhood

  • School District Name: Richardson Independent School District
  • School Tax School District: RICHARDSON ISD
  • Census Tract: 013008

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000007938100000
  • Account Number: 000007938100000
  • Parcel: 00-00079-381-000-0000
  • Block: T/812
  • Lot: 36
  • Municipality: DALLAS
  • Latitude: 32.8832
  • Longitude: -96.729

    Address

  • Full Address: 9850 Elmcrest Dr
  • Address - House Number: 9850
  • Address - Street Name: Elmcrest
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dallas
  • Carrier Code: C031
  • 4-Digit Zip Code: 1868
  • Zip Code: 75238

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,225,193
  • Tax Rate Code Area: RS

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 853,964
  • High Value: 1,045,870
  • Low Value: 662,058

    Market Valuation

  • Market Total Value: $775,650
  • Market Land Value: $540,000
  • Market Improvement Value: $235,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $775,650
  • Assessed Land Value: $540,000
  • Assessed Improvements Value: $235,650

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2018
  • Current Sale Recording Date: May 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201800132035
  • Previous Sale Recording Date: Sep 06, 2013
  • Previous Sale Contract Date: Sep 03, 2013
  • Previous Sale Amount: $372,500
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northeast Dallas

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$268

Below Asking

0.03%

Average Days on Market

63

Average Home Size

1853 ft²

Average Home Age

49.5 years

Currently For Sale

863 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9029 Church Road, TX, 75231

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,203 ft²
9029 Church Road, TX, 75231 Listing by Josh Shronce
Unit for rent at 9408 Summerhill Lane, Dallas, TX, 75238

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,142 ft²
9408 Summerhill Lane, Dallas, TX, 75238 Listing by Damian Perea

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Amy Timmerman, Dave Perry Miller Real Estate
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20788965
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 9850 Elmcrest Drive built and last sold?
The property at 9850 Elmcrest Drive was built in 1965 and last sold on May 15, 2018 for $565,900.
How much is this home worth?
The estimated value of the home located at 9850 Elmcrest Drive is $821,849.
What are some comparable homes to 9850 Elmcrest Drive?
There are currently no comparable homes to 9850 Elmcrest Drive.
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