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$323,000

11324 Lippitt Avenue, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,234 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.75 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Marble, Wood

Exterior

Lot Size7,515 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000382687000000
Lot Number15
SubdivisionLochwood Rev
Land UseResidential
Legal DescriptionLOCHWOOD REV BLK 38/5364 LOT 15 INT202000000034 DD12312019 CO-DC 5364 038 01500 3005364 038
Census Tract012802
Assessed Land Value$100,000
Assessed Improvement Value$309,000
Assessment Year2025

About this property

Tastefully renovated Lochwood home. Hardwood Floors throughout! Open concept. Kitchen with white quartz countertops and with high end stainless appliances. Breakfast bar with seating. Modern backsplash. Master with ensuite. Carrerra marble tile in both baths. Full size washer and dryer in extra walkin closet. Beautifully xeriscaped and sprinklered. Open patio and fire pit completes large backyard oasis. Smart Home features Frontpoint security system with smart locks and indoor cam. Ring video doorbell,Lutron smart lighting. New roof October 2019. A Must See!

Investor Tools

Property Icon
$409,000
Estimated Property Value
$0Estimated Mortgage Balance
$175,544Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /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
$6,471
$409,000
2025
$100,000
$309,000
$409,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,471
$409,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Conventional
$265,500
No
First
Mar 5, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,456
$175,544
42%
57%
$1,592/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$1,592/mo
+$1,118/mo
8.0%

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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11324 Lippitt Avenue | Property Details | No Agent List