$800,000
12315 Quincy Ln, Dallas, TX, 75230
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size16,857 sqft
Building Information
Year Built1969
Roof Type105
Garage Spaces4
Land Information
APN00000661792000000
Lot Number7
SubdivisionMelshire
Land UseResidential
Legal DescriptionMELSHIRE ESTATES 5TH INST UNIT 2 BLK 1/6995 LT 7 INT200600476836 DD12202006 CO-DC 6995 001 00700 1DA6995 001
Census Tract009604
Assessed Land Value$702,000
Assessed Improvement Value$410,040
Assessment Year2026
About this property
Teardown opportunity for builders and investors in Melshire Estates, one of Preston Hollow’s most sought-after neighborhoods. Situated on a generous 0.387 lot in the private school corridor with convenient access to premier shopping, dining, and major thoroughfares. Property is being sold for lot value only; no value is attributed to the existing structure. Ideal for new construction or a custom home. Sold as-is.
Investor Tools
$447,506Estimated Mortgage Balance
$801,494Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,494 /month
Positive
Cash Flow Estimate:
$2,498 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,613/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,110
$1,112,040
2026
$702,000
$410,040
$1,112,040
No
Tax History
Year
Tax Paid
Assessed Value
2025
$13,110
$1,112,040
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$510,000
No
First
Jul 15, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$447,506
$801,494
64%
36%
$3,058/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,058/mo
$-486/mo
2.5%
