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$550,000

11622 Farrar St, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,604 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$342.89 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Other
FlooringCeramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Other
Lot Size7,638 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000381676000000
Lot Number17
SubdivisionLochwood Rev
Land UseResidential
Legal DescriptionLOCHWOOD REV BLK 21/5364 LOT 17 INT202400104823 DD05222024 CO-DC 5364 021 01700 3005364 021
Census Tract012802
Assessed Land Value$150,000
Assessed Improvement Value$362,570
Assessment Year2025

About this property

Updated open floor plan lives like a much larger home while retaining original charm. Situated on a tree-lined, sleepy street bookended by greenbelts in the sought after ladder streets of Lochwood, this charming three-bed, two-full bath home with two living areas boasts hardwood flooring throughout, kitchen with island prep, stainless appliances that opens to inviting living and dining areas. Renovated ensuite bath and ample closet space in primary suite make this home move-in ready. Also features detached two-car garage with additional storage rooms, landscaped yard with flagstone patio and lighting, wood privacy fence, and sprinkled grounds. Walking distance to Lochwood Park, Lochwood Library, and newly built $31mm Martha Turner Reilly elementary.

Investor Tools

Property Icon
$548,000
Estimated Property Value
$546,250Estimated Mortgage Balance
$21,381Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,051/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,870
$512,570
2025
$150,000
$362,570
$512,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,870
$512,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$546,250
No
First
May 22, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$526,619
$21,381
3%
96%
$3,276/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$3,276/mo
$-1,196/mo
4.6%

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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11622 Farrar St | Property Details | No Agent List