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$595,000

12555 Lochmeadows Dr, Dallas, TX, 75244

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,046 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$290.81 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile

Exterior

Exterior FeaturesLighting
Lot Size16,887 sqft

Building Information

Year Built1967
Roof Type105
Garage Spaces2

Land Information

APN00000808276560000
Lot Number27
SubdivisionMeadow Park Inst 9
Land UseResidential
Legal DescriptionMEADOW PARK INST 9 BLK E/8385 LOT 27 VOL87230/2755 CO-DC 8385 00E 02700 1DA8385 00E
Census Tract009608
Assessed Land Value$210,000
Assessed Improvement Value$221,950
Assessment Year2026

About this property

Discover the perfect blend of charm, space, and impactful improvements in this inviting home, ideally situated on an impressive .38-acre lot along beautiful, tree-lined streets in an excellent quite neighborhood! With an abundance of updates already completed, this property offers peace of mind, room to spread out, and wonderful potential to make it your own. Inside, you’ll find a welcoming atmosphere, beautiful hardwood flooring, and a generously sized bonus room offering flexible space for a second living area, game room, home office, hobby space, or whatever best suits your needs. The remodeled kitchen and both bathrooms adds to the home’s appeal. Major updates include replacement of the original aluminum wiring with copper wiring throughout the home, replaced roof, replaced HVAC, beautiful board on board fencing, extensive landscaping improvements, and replacement of the natural gas black iron line with steel. The cast-iron sewer line has also been replaced from the home to the street - significant improvements that add tremendous value and peace of mind. Outside, the expansive .38-acre lot, located on a cul-de-sac is a standout feature, providing exceptional space for outdoor entertaining, gardening, play, pets, or simply enjoying your own backyard on the expansive back patio with pergola. The inviting front patio is the perfect spot to gather around an outdoor fire pit, relax with friends, or unwind and enjoy a cozy evening. Mature, tree-lined streets add to the neighborhood’s established charm and welcoming appeal. If you’ve been searching for a home with character, remarkable updates, a versatile bonus room, and a lot that offers more room to enjoy life, this one deserves a closer look. ***Please see Transaction Desk for a list of the over $380,000. in highly beneficial updates and improvements.

Investor Tools

$17,919Estimated Mortgage Balance
$667,081Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,110 /month
Positive
Cash Flow Estimate:
$1,370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,274
$431,950
2026
$210,000
$221,950
$431,950
No

Tax History

Year
Tax Paid
Assessed Value
2026
$2,274
$431,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank
Credit Line (Revolving) / Heloc
$38,000
No
First
Oct 13, 2006
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,919
$667,081
97%
3%
$228/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$228/mo
+$2,512/mo
4.8%

City: Dallas

12555 Lochmeadows Dr | Property Details | No Agent List