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$716,890

NAL Estimated Property Value

11122 Ferndale Rd, Dallas, TX, 75238

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,386 Sq Ft
price_per_sqft$293.17 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Disposal

Exterior

Private PoolPrivate Pool
Lot Size8,975 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000791143600000
Lot Number22
SubdivisionRoyal Highlands
Land UseResidential
Legal DescriptionROYAL HIGHLANDS BLK H/8111 LOT 22 INT202400143734 DD07172024 CO-DC 8111 000 02200 3008111 000
Census Tract013008
Assessed Land Value$350,000
Assessed Improvement Value$366,890
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. DEADLINE TO SUBMIT IS MONDAY AT 12:00. Beautiful abode in Lake Highlands, boasting 4 bedrooms and 3 bathrooms, along with an oversized garage with 3 additional parking spots behind the garage. Its ideal floor plan features a Mother-in-law suite on one side, while all other bedrooms grace the opposite wing, ensuring privacy and harmony. With its open floor plan and vaulted ceilings, this home exudes spaciousness and elegance. Step outside to discover a serene and private backyard, complete with a large covered outdoor living center and a magnificent pool, recently resurfaced in pebble tec. Plus, enjoy peace of mind knowing that the roof has been replaced and the AC updated in 2020, adding to the allure of this enchanting dwelling.

Investor Tools

Property Icon
$716,890
Estimated Property Value
$632,383Estimated Mortgage Balance
$84,507Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,301 /month
Positive
Cash Flow Estimate:
$1,434 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,515
$716,890
2025
$350,000
$366,890
$716,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,515
$716,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Security Bank
Conventional
$653,850
No
First
Jul 17, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$632,383
$84,507
11%
88%
$3,921/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,921/mo
$-1,949/mo
3.3%

City: Dallas

11122 Ferndale Rd | Property Details | No Agent List