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Owner Contacts

$936,000

NAL Estimated Property Value

11939 Midlake Dr, Dallas, TX, 75218

Off Market

4 Beds

4 Bath

3,017 Sq Ft

Single Family Residence

$190.55 / sqft

Built in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Vented Exhaust Fan, Electric Water Heater, Gas Water Heater

FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private Pool

Exterior FeaturesBalcony, Rain Gutters

Lot Size11,067 sqft

Building Information

Year Built1968

Stories1

Roof Type104

Garage Spaces2

Land Information

APN00000764362000000

Lot Number10

SubdivisionLochwood Meadows

Land UseResidential

Legal DescriptionLOCHWOOD MEADOWS BLK 7/7691 LOT 10 INT202100371164 DD12132021 CO-DC 7691 007 01000 3007691 007

Census Tract012801

Assessed Land Value$150,000

Assessed Improvement Value$563,570

Assessment Year2025

About this property

Wonderful home on corner lot in the heart of Lochwood, just steps to park & tennis! Enter to spacious formals plus HUGE family room with vaulted beamed ceilings and original stone fireplace. Granite counters and stainless appliances in kitchen, huge bonus room above garage with bath could be guest quarters or office-exercise room. Gated entrance to driveway & fenced back yard with patio & pool. Back up generator and storage shed. Minutes to White Rock Lake, Arboretum. Bring your ideas. Lots of options here.

Investor Tools

$936,000

Estimated Property Value

$549,834Estimated Mortgage Balance

$386,166Estimated Equity

41% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,616 /month

Positive

Cash Flow Estimate:

$1,872 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,341/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,412

$713,570

2025

$150,000

$563,570

$713,570

Tax History

Year

Tax Paid

Assessed Value

2024

$11,412

$713,570

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Summit Funding Inc

Conventional

$513,988

First

Dec 13, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$549,834

$386,166

41%

59%

$3,571/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,710/mo

$3,571/mo

$-861/mo

3.5%

Learn About the Market: Opportunity in Dallas

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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.

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