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$425,400

NAL Estimated Property Value

11312 Lippitt Avenue, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,276 Sq Ft
price_per_sqft$282.05 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven
FlooringCeramic Tile

Exterior

Exterior FeaturesFire Pit
Lot Size7,543 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000382696000000
SubdivisionLochwood Rev
Land UseResidential
Legal DescriptionLOCHWOOD REV BLK 38/5364 LOT 18 INT202100268198 DD09072021 CO-DC 5364 038 01800 3005364 038
Census Tract012802
Assessment Year2025

About this property

A rebooted classic in the heart of Lochwood. Modern design elements meet 1950s ranch sensibilities. Numerous updates include new roof, double paned windows, new electrical panels, new water heater. WFH in style with available gigabit fiber optic internet. Garage conversion is not counted in official sq footage. Low maintenance xeriscaped backyard with secluded fire pit, shaded patio, raised garden beds, rain barrel collection, and herb garden surrounded by an 8ft privacy fence. Rear-access carport contains two large storage closets and spacious attic. 5 minutes from White Rock Lake and the Arboretum. Perfect starter home for working professionals seeking a beautiful east-Dallas oasis for their active lifestyle.

Investor Tools

Property Icon
$425,400
Estimated Property Value
$316,038Estimated Mortgage Balance
$109,362Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,552 /month
Positive
Cash Flow Estimate:
$851 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,391
$425,400
2025
N/A
N/A
$425,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,391
$425,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Bank
Conventional
$346,740
No
First
Sep 7, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,038
$109,362
25%
74%
$2,079/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,079/mo
+$1/mo
5.9%

City: Dallas

11312 Lippitt Avenue | Property Details | No Agent List