$493,660
NAL Estimated Property Value10711 Clearbrook Ln, Dallas, TX, 75218
$499,122 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesRain Gutters
Lot Size9,099 sqft
Building Information
Year Built1961
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00000383206000000
Lot Number26
SubdivisionLochwood
Land UseResidential
Legal DescriptionLOCHWOOD BLK 44/5364 LOT 26 CLEARBROOK LN VOL2003053/1341 DD02192003 CO-DC 5364 044 026 3005364 044
Census Tract012802
Assessed Land Value$150,000
Assessed Improvement Value$343,660
Assessment Year2025
About this property
Great Opportunity in Lockwood to remodel or rebuild on this dynamic lot with greenbelt view. Priced to sell in AS IS condition. Contract is subject to Dallas county court approval so please allow extra time on closing date. 1 story, 3-2-2 home is located just across the street from the Dixon Branch creek greenbelt. Unpaved circle drive in front. This home has Corian countertops, & updated secondary jack & Jill bath. The home will need work. Washer hookup is inside the utility area, dryer hookup in garage.
Investor Tools
$493,660
Estimated Property Value
$40,006Estimated Mortgage Balance
$454,820Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$499,121
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,962 /month
Positive
Cash Flow Estimate:
$987 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,158
$493,660
2025
$150,000
$343,660
$493,660
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,158
$493,660
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Credit Line (Revolving) / Heloc
$42,000
No
First
Feb 19, 2003
Feb 2018
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,006
$519,994
92%
8%
$654/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$654/mo
+$1,426/mo
5.1%
