B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$619,000

NAL Estimated Property Value

10509 Evangeline Way, Dallas, TX, 75218

Off Market

3 Beds

2 Bath

1,776 Sq Ft

Single Family Residence

$309.68 / sqft

Built in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Tankless Water Heater

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesStorage

Lot Size11,429 sqft

Building Information

Year Built1959

Stories1

Roof Type172

Garage Spaces3

Land Information

APN00000380155000000

Lot Number17

SubdivisionLochwood Annex Addition Installment #1

Land UseResidential

Legal DescriptionBLK A/5364 LOT 17 INT202200170489 DD06172022 CO-DC 5364 00A 01700 3005364 00A

Census Tract012802

Assessed Land Value$170,000

Assessed Improvement Value$349,140

Assessment Year2025

About this property

Property back on the market due to buyer's personal problems - no fault of the home or the sellers. This is your chance to own a classic mid-century modern in ever-popular Lochwood. Appropriately updated, this beauty offers real hardwoods throughout, quartz countertops, the original retro wall oven, signature transom windows and a George Nelson saucer pendant lamp. Homes of this quality and design character are quite rare. Do not miss this one!

Investor Tools

$619,000

Estimated Property Value

$424,113Estimated Mortgage Balance

$194,887Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,714 /month

Positive

Cash Flow Estimate:

$1,238 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,225/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,603

$519,140

2025

$170,000

$349,140

$519,140

Tax History

Year

Tax Paid

Assessed Value

2024

$11,603

$519,140

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Guaranty Mortgage Corp

Conventional

$457,599

First

Jun 17, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$424,113

$194,887

31%

69%

$2,744/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,080/mo

$2,744/mo

$-664/mo

4.0%

Learn About the Market: Opportunity in Dallas

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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.

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