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Owner Contacts

$773,000

NAL Estimated Property Value

11038 Fernald Avenue, Dallas, TX, 75218

Off Market

4 Beds

2 Bath

2,514 Sq Ft

Single Family Residence

$179 / sqft

Built in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan

FlooringCeramic Tile, Wood

Exterior

Lot Size8,716 sqft

Building Information

Year Built1965

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000764374000000

Lot Number2

SubdivisionLochwood Meadows

Land UseResidential

Legal DescriptionLOCHWOOD MEADOWS LOT 2 FERNALD AVE INT202000266718 DD09262020 CO-DC 7691 008 00200 3007691 008

Census Tract012802

Assessed Land Value$150,000

Assessed Improvement Value$429,180

Assessment Year2025

About this property

Charming home with beautifully landscaped yard and mature shade trees in the desirable neighborhood of Lochwood Meadows. Great layout with 3 Living areas allows buyer flexibility in room use. Master bedroom on the first floor. Small bedroom downstairs currently being used as a dressing area but makes a great office or nursery. Closet system can stay if buyer wants it. The family room and kitchen area overlook the lush backyard and patio through a wall of glass. Hardwood floors throughout. Alley entry detached 2 car garage with extra work space. Owner is a licensed Realtor in Texas.

Investor Tools

$773,000

Estimated Property Value

$321,910Estimated Mortgage Balance

$451,090Estimated Equity

58% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,638 /month

Positive

Cash Flow Estimate:

$1,546 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,085/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,157

$579,180

2025

$150,000

$429,180

$579,180

Tax History

Year

Tax Paid

Assessed Value

2024

$9,157

$579,180

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mid-American Mortgage Inc

Conventional

$361,600

First

Sep 26, 2020

Oct 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$321,910

$451,090

58%

42%

$2,168/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,710/mo

$2,168/mo

+$542/mo

4.2%

Learn About the Market: Opportunity in Dallas

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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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