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$339,500

3031 Lockmoor Ln, Dallas, TX, 75220

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,666 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.78 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringLaminate, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,661 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000595960000000
Lot Number27
SubdivisionBradford
Land UseResidential
Legal DescriptionBRADFORD ESTATES 5 BLK B/6450 LT 27 INT202100302345 DD10042021 CO-DC 6450 00B 02700 1006450 00B
Census Tract009803
Assessed Land Value$135,000
Assessed Improvement Value$285,000
Assessment Year2025

About this property

Nestled in the heart of Northwest Dallas, this beautifully upgraded home has so much to offer. You will love the laminate wood flooring found throughout the living and dining areas, leading to the re-designed fireplace. The kitchen's recently painted cabinets are complimented nicely by the beautiful granite countertops. Just wait until you see the stunning new bathroom updates, including 20in rain shower head and body jet shower bar! The backyard offers you a private oasis, complete with a pergola covered patio- perfect for relaxing or entertaining friends. Other upgrades include energy efficient double-pane windows, electric security gate in rear, new roof in 2019, and solar panels OWNED - no lease to assume!

Investor Tools

Property Icon
$427,000
Estimated Property Value
$333,350Estimated Mortgage Balance
$122,590Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,562 /month
Positive
Cash Flow Estimate:
$854 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,038
$420,000
2025
$135,000
$285,000
$420,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,038
$420,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fbc Mortgage Llc
Fha
$333,350
Yes
First
Oct 4, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,410
$122,590
28%
71%
$1,999/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,999/mo
$-27/mo
5.5%

Learn About the Market: Opportunity in Dallas

Local Market Pages
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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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