Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$691,000

NAL Estimated Property Value

11308 Ferndale Rd, Dallas, TX, 75238

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,354 Sq Ft
price_per_sqft$244.22 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard, Dog Run, Rain Gutters, Storage
Lot Size8,577 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000791142000000
Lot Number6
SubdivisionRoyal Highlands Addition #1
Land UseResidential
Legal DescriptionROYAL HIGHLANDS BLK H/8111 LT 6 INT202200109659 DD04192022 CO-DC 8111 00H 00600 3008111 00H
Census Tract013008
Assessed Land Value$350,000
Assessed Improvement Value$316,160
Assessment Year2025

About this property

Multiple Offers Received - Best and Final due Monday, March 21 at 12:00 PM! Nestled in the heart of Lake Highlands w-coveted Richardson ISD, this home has it all. You are greeted upon entry w-original hardwood flooring & vaulted ceilings in the open living room, while your eye carries you through the French doors into the gorgeous slate courtyard and sparkling pool. The chef’s kitchen is open to the breakfast nook, large dry bar and dining room – the perfect setup for entertaining. The spacious Primary Suite includes multiple closets for ample storage, a large, jetted tub, separate shower and separate vanities for ultimate comfort. The outdoor entertaining area is highlighted with three sets of French doors that all lead into the courtyard, covered outdoor dining area and to the beautifully landscaped pool oasis. Please see supplemental material for the important list of updates to almost all major systems!

Investor Tools

Property Icon
$691,000
Estimated Property Value
$473,543Estimated Mortgage Balance
$217,457Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,146 /month
Positive
Cash Flow Estimate:
$1,382 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,608
$666,160
2025
$350,000
$316,160
$666,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,608
$666,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$512,800
No
First
Apr 19, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$473,543
$217,457
31%
69%
$3,075/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,075/mo
$-1,103/mo
3.4%

Learn About the Market: Opportunity in Dallas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Dallas

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

11308 Ferndale Rd | Property Details | No Agent List