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Owner Contacts

$460,000

11130 Flamingo Lane, Dallas, TX, 75218

Off Market

3 Beds

2 Bath

1,519 Sq Ft

Single Family Residence

$220.21 / sqft

Built in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size11,377 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000381967000000

Lot Number5

SubdivisionLochwood

Land UseResidential

Legal DescriptionLOCHWOOD BLK 25/5364 LT 5 INT202000254783 DD09172020 CO-DC 5364 025 00500 3005364 025

Census Tract012802

Assessed Land Value$150,000

Assessed Improvement Value$310,000

Assessment Year2025

About this property

Exceptional corner lot location close to the school and park. Updated with original oak hardwoods, updated baths and windows, and kitchen boasts ceramic tile, quartz countertops, glass tile backsplash, Birch cabinets, new stainless dishwasher (2019) and stainless refrig that conveys. Casual dining space has double french doors opening to a large screened porch. Extra closet space with a linen and coat closet. Beautiful backyard with an upgraded wood fence, Nest doorbell and smoke detectors. New roof, gutters, exterior paint and stain 2019, HVAC replaced four years ago and hot water tank 2 years ago. BONUS: 15 x 15 screened in porch!!!

Investor Tools

$460,000

Estimated Property Value

$0Estimated Mortgage Balance

$219,854Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,760 /month

Positive

Cash Flow Estimate:

$920 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$809/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,407

$460,000

2025

$150,000

$310,000

$460,000

Tax History

Year

Tax Paid

Assessed Value

2024

$7,407

$460,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Eustis Mortgage Corp

Conventional

$267,600

First

Jan 12, 2021

Feb 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$240,146

$219,854

47%

52%

$1,605/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,080/mo

$1,605/mo

+$475/mo

5.4%

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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