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Owner Contacts

$622,000

1114 Tranquilla Dr, Dallas, TX, 75218

Off Market

3 Beds

2 Bath

1,967 Sq Ft

Single Family Residence

$228.77 / sqft

Built in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater

FlooringLaminate, Tile

Exterior

Lot Size22,037 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000383605000000

Lot Number10

SubdivisionLake Park

Land UseResidential

Legal DescriptionLAKE PARK ESTS BLK 3/5371 LT 10 INT202200152866 DD05312022 CO-DC 5371 003 01000 3005371 003

Census Tract008200

Assessed Land Value$225,000

Assessed Improvement Value$378,260

Assessment Year2025

About this property

*Multiple offers received. Please submit highest and best offer by Monday, May 9, 2022 at 12:00 noon* Fantastic opportunity on over .5 acre for a remodel-addition or build in highly coveted Lake Park Estates and award winning Hexter Elementary school zone. Home is full and seller will need a lease back of at least 30 days to vacate. Sale to be as is. Short walk or bike ride to local trendy restaurants, Casa Linda Plaza, Dallas Arboretum and White Rock Lake.

Investor Tools

$622,000

Estimated Property Value

$412,000Estimated Mortgage Balance

$240,844Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,732 /month

Positive

Cash Flow Estimate:

$1,244 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$986/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,725

$603,260

2025

$225,000

$378,260

$603,260

Tax History

Year

Tax Paid

Assessed Value

2024

$8,725

$603,260

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primelending

Conventional

$412,000

First

May 31, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$381,156

$240,844

38%

61%

$2,471/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,080/mo

$2,471/mo

$-391/mo

4.0%

Learn About the Market: Opportunity in Dallas

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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.

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