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Owner Contacts

$280,000

12627 Promenade Ln, Dallas, TX, 75238

Off Market

4 Beds

2 Bath

1,074 Sq Ft

Single Family Residence

$260.71 / sqft

Built in 1961

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesElectric Oven

FlooringTile, Vinyl

Exterior

Lot Size7,674 sqft

Building Information

Year Built1961

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000763483000000

Lot Number8

SubdivisionLochwood North

Land UseResidential

Legal DescriptionLOCHWOOD NORTH BLK D/7689 LT 8 INT202200132191 DD05062022 CO-DC 7689 00D 00800 3007689 00D

Census Tract013007

Assessed Land Value$85,000

Assessed Improvement Value$223,650

Assessment Year2025

About this property

WELCOME HOME to this cozy 4 bedroom home. Nice fenced yard for your family to enjoy. This home is also near the end of the street. it is updated with granite counter tops, laminate wood flooring and new windows. There are two full baths .The garage has been converted to a 4th bedroom and laundry room with garage door still attached so it can easily be converted back to a garage. This is a great location as it is accessible to major highways. You will be able to store tools and yard equipment in the shed in the back yard. This home is priced just right and it won't last long.

Investor Tools

$353,000

Estimated Property Value

$252,000Estimated Mortgage Balance

$119,865Estimated Equity

29% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,118 /month

Positive

Cash Flow Estimate:

$706 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$722/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,898

$308,650

2025

$85,000

$223,650

$308,650

Tax History

Year

Tax Paid

Assessed Value

2024

$6,898

$308,650

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Bank

Conventional

$252,000

First

May 6, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$233,135

$119,865

33%

66%

$1,511/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,511/mo

+$461/mo

6.7%

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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