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$838,000

NAL Estimated Property Value

10506 Silverock Drive, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,131 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.09 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1967
Stories2
Roof Type106
Garage Spaces2

Land Information

APN00000380902000000
SubdivisionLochwood
Land UseResidential
Legal DescriptionLOCHWOOD BLK 12/5364 LT 1 INT202000238259 DD08312020 CO-DC 5364 012 00100 3005364 012
Census Tract012802
Assessment Year2025

About this property

Designed by architect Donald B. Kleinschmidt as his personal residence, this amazing split-level mid-century modern home sits on a large corner lot towering above the street. Deep overhangs, walls of glass, and a custom curved balcony enhance the homes curb appeal and make it clear why many architecture fans often cite this home as one of the most architecturally significant mid-century moderns in all of East Dallas. The open floorplan and multiple private exterior spaces work together making an entertainer's dream. Updates are appropriate, yet keep many of the original classic design elements intact. Homes of this design caliber don't come on the market often. Don't miss your chance to own this one!

Investor Tools

Property Icon
$838,000
Estimated Property Value
$453,455Estimated Mortgage Balance
$384,545Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,028 /month
Positive
Cash Flow Estimate:
$1,676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,217
$700,000
2025
N/A
N/A
$700,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,217
$700,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$510,400
No
First
Aug 31, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$453,455
$384,545
45%
54%
$3,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$3,061/mo
$-981/mo
3.0%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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10506 Silverock Drive | Property Details | No Agent List