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$396,000

11315 Fernald Ave, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,173 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$340.92 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCeramic Tile, Parquet

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size8,601 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000765280000000
Lot Number20
SubdivisionLochwood
Land UseResidential
Legal DescriptionLOCHWOOD ESTATES BLK 4/7694 LOT 20 INT201700348263 DD12122017 CO-DC 7694 004 02000 3007694 004
Census Tract012801
Assessed Land Value$110,000
Assessed Improvement Value$275,820
Assessment Year2025

About this property

Located in the sought-after Lochwood neighborhood, this well-maintained 3-bedroom, 2-bath home offers meaningful updates, great outdoor space, and a highly convenient location. Inside, the home features parquet wood flooring, a spacious living area, and an easy flow into the dining area and updated kitchen. The kitchen includes granite countertops, custom cabinetry, stainless steel appliances, a breakfast bar, and tile flooring. Double-pane vinyl windows throughout, HVAC replaced in 2021, and water heater replaced in 2021 add important practical value. The owner’s retreat is tucked away at the back of the home and includes a private updated en-suite bath with beautiful tile work in the shower. The functional layout works well for everyday living, relaxing, or entertaining. Outside, the huge, fenced backyard is shaded by mature trees and offers excellent privacy, while the covered pergola patio creates a great setting for grilling, gathering, or enjoying the backyard. Front and back sprinkler systems help maintain the lawn and landscaping with ease. This home is within walking distance to the elementary school and Lochwood Park, plus just minutes from White Rock Lake, the Dallas Arboretum, shopping, dining, and local favorites. Come see today!

Investor Tools

Property Icon
$396,000
Estimated Property Value
$213,300Estimated Mortgage Balance
$220,393Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,474
$385,820
2025
$110,000
$275,820
$385,820
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,474
$385,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$213,300
No
First
Dec 12, 2017
Jan 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,038
$219,962
55%
44%
$1,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,279/mo
+$801/mo
6.3%

Learn About the Market: Opportunity in Dallas

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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

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11315 Fernald Ave | Property Details | No Agent List