RealtyLens
for saleRealtyLens property overview
$450,000

8203 Lullwater Dr

Dallas, TX, 75218
View more Dallas, TX property pages
N/ABeds
N/ABaths
3,293Sqft
$137$/sqft

Listing Notes

8205 & 8203 Lullwater Dr offers an opportunity to own a full duplex in an established East Dallas rental corridor just minutes from White Rock Lake, Lake Highlands, shopping, dining, and major highway access. With nearly 3, 300 square feet combined between both units, the property offers spacious layouts and flexibility for a variety of buyers including long-term investors, owner-occupants, or buyers looking to renovate and reposition over time. The property requires repairs and updating and is being sold as-is, creating a strong value-add opportunity in an area where updated duplexes have recently sold above $575, 000. Due to property condition, cash or renovation financing may be preferred. Rental demand throughout the surrounding White Rock Lake and Lake Highlands areas continues to remain strong due to the location, mature neighborhoods, nearby parks and trails, and convenient access to Downtown Dallas. Whether you're looking to expand your rental portfolio, live in one unit while offsetting expenses with rental income, or invest in a long-term hold in a desirable area, this property offers strong potential and flexibility. Conveniently located near White Rock Lake, NorthPark Center, The Shops at Park Lane, Casa Linda, and major commuter routes. Buyer to verify all information, schools, measurements, and future rental potential.

Market Insights

Below nearby median-60%

$137/sqft vs a nearby median of $344/sqft.

Nearby median$344/sqft
Nearby properties8
Property size3,293 sqft
  • -60% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,293 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.12M$1.02M$1.22M · 50% confidence
vs ask $450k−$666k (−148.0%)

Asking price is about 148.0% below the fair value — likely to draw competing offers if it's still on market.

$344/sqft median across 7 tight comps × 3,293 sqft= $1.13M
  • Mid-century building era−$17k −1.5%
Cumulative NYC adjustments−$17k−1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-60% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Comps

Listing Details

Days on market
0 days
Last price change
No change recorded
Listed
May 12, 2026
Photos
20 photos
Property type
multi family
Status
for sale

Photos

Price History

May 13, 2026Initial record
$450,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.