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$693,000

NAL Estimated Property Value

11063 Carissa Dr, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,150 Sq Ft
price_per_sqft$230.23 / sqft
Year BuiltBuilt in 1970

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, Electric Oven, Gas Cooktop, Double Oven
FlooringCarpet, Terrazzo

Exterior

Exterior FeaturesRain Gutters
Lot Size8,324 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000764915360000
Lot Number19
SubdivisionLochwood Meadows
Land UseResidential
Legal DescriptionLOCHWOOD MEADOWS BLK 20/7693 LT 19 INT202300121629 DD06202023 CO-DC 7693 020 01900 3007693 020
Census Tract012801
Assessed Land Value$150,000
Assessed Improvement Value$452,340
Assessment Year2025

About this property

Amazing opportunity for a new owner to bring their design ideas and make this house into their own! Located in the beautiful and highly sought after Lochwood Meadows neighborhood in East Dallas, this pier and beam home has an excellent floorplan and space including three spacious bedrooms, 2 bathrooms, two living areas, formal dining and a bonus breakfast room that would also make a great home office or gym. Primary bedroom includes two large closets and a dressing area with built-in vanity. Second living area includes built-ins, vaulted ceiling, a cozy fireplace and opens to the covered patio and back yard. Separate utility room and 2 car attached garage. Close to White Rock Lake, the Dallas Arboretum, dining and shopping in East Dallas and Lake Highlands, and convenient to Downtown Dallas...you cannot beat this location!

Investor Tools

Property Icon
$693,000
Estimated Property Value
$476,454Estimated Mortgage Balance
$216,546Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,158 /month
Positive
Cash Flow Estimate:
$1,386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,373
$602,340
2025
$150,000
$452,340
$602,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,373
$602,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Inwood National Bank
Conventional
$503,328
No
First
Jun 20, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,454
$216,546
31%
69%
$3,018/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$3,018/mo
$-938/mo
3.6%

City: Dallas

11063 Carissa Dr | Property Details | No Agent List