Wholesale Opportunity
824 Lake Terrace Dr - Front of House 824 Lake Terrace Dr - Kitchen 824 Lake Terrace Dr - Living Room 824 Lake Terrace Dr - Interior 824 Lake Terrace Dr - Interior 824 Lake Terrace Dr - Bathroom 824 Lake Terrace Dr - Interior 824 Lake Terrace Dr - Living Room 824 Lake Terrace Dr - Dining Room 824 Lake Terrace Dr - Entryway
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824 Lake Terrace Dr.

Dallas, TX 75218 • Single Family Residential

UNDER CONTRACT CASH
Beds
3
Baths
2
Living Area
1,714 sq ft
Lot Size
6,800 sq ft
Year Built
1954
Occupancy
Occupied
Asking
$650K
COE
Sep 30, 2026

Valuation Scenarios

As-Is ARV
$667K ($389/SF)
View Comps ▾
AddressSold PriceSqFtBuiltDistanceSold Date
622 Kirkwood Dr, Dallas, TX 75218$596K1,42019550.5 miSep 2025
10011 Medlock Dr, Dallas, TX 75218$600K1,51919600.5 miSep 2025
824 Kirkwood Dr, Dallas, TX 75218$650K1,84519540.3 miMay 2026
Comparable sales provided for reference only. Buyers are encouraged to conduct independent due diligence.
Adding Sq Ft ARV (2,300 SF, +600 SF)
$858K ($373/SF)
View Comps ▾
AddressSold PriceSqFtBuiltDistanceSold Date
514 Aqua Dr, Dallas, TX 75218$875K2,04019500.7 miJan 2026
9805 Bluff Dale Dr, Dallas, TX 75218$875K2,43519550.1 miOct 2025
10017 Medlock Dr, Dallas, TX 75218$675K2,03619620.5 miApr 2026
Comparable sales provided for reference only. Buyers are encouraged to conduct independent due diligence.
New Build ARV (4,200 SF)
$1.3M ($324/SF)
View Comps ▾
AddressSold PriceSqFtBuiltDistanceSold Date
544 Kirkwood Dr, Dallas, TX 75218$1.35M4,10220250.6 miJun 2026
619 Blanning Dr, Dallas, TX 75218$1.5M4,59120200.5 miApr 2026
554 Kirkwood Dr, Dallas, TX 75218$1.3M4,10220250.5 miFeb 2026
Comparable sales provided for reference only. Buyers are encouraged to conduct independent due diligence.

How to Close

  • Submit your offer for review
  • Purchase agreement sent for signature
  • $2,000 non-refundable EMD due within 3 days
  • Closing funds due 3 business days prior to COE

Investment Calculator

Down Payment$162,500
Loan Amount$487,500
Est. Monthly Mortgage (P&I)
Est. Annual Cash Flow
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Cash-on-Cash Return

Location

Need Financing?

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