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$525,000

10939 Fernald Ave, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,806 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$290.7 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Microwave
FlooringHardwood, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,297 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000764455000000
Lot Number11
SubdivisionLochwood Meadows Rev
Land UseResidential
Legal DescriptionLOCHWOOD MEADOWS REV BLK 9/7691 LOT 11 INT202400036686 DD02222024 CO-DC 7691 009 01100 3007691 009
Census Tract012801
Assessed Land Value$150,000
Assessed Improvement Value$370,000
Assessment Year2025

About this property

This beautiful Lochwood home has been lovingly updated while maintaining its charm & character. The original hardwood floors are throughout all the bedrooms, & both bathrooms have refinished tile for a crisp and clean look. Enter into an entryway space where you can see a front living area open to the dining room. Past the entryway, you are greeted by a brick fireplace & several built-ins. The cozy family room leads you into a galley kitchen & space for a breakfast nook. 8 ft wooden privacy fence allows for private gatherings and lots of entertaining options. This classically updated home is a must-see! Additional updates include a new roof (’22), all new kitchen appliances (gas oven, electric dishwasher, gas stovetop, range hood, ‘23), LVP floors in half the home (’22,) & new light fixtures, plus fresh paint throughout. Nestled amongst mature trees & greenbelts, you will find a true East Dallas gem. Come check out this Lochwood beauty!

Investor Tools

Property Icon
$608,000
Estimated Property Value
$494,000Estimated Mortgage Balance
$134,074Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,648 /month
Positive
Cash Flow Estimate:
$1,216 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,038/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,418
$520,000
2025
$150,000
$370,000
$520,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,418
$520,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$494,000
No
First
Feb 22, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$473,926
$134,074
22%
78%
$2,962/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,962/mo
$-882/mo
4.1%

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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10939 Fernald Ave | Property Details | No Agent List