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$609,000

12123 Landlock Dr, Dallas, TX, 75218

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,226 Sq Ft
price_per_sqft$276.28 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater

Exterior

Lot Size8,340 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000764681860000
Lot Number15
SubdivisionLochwood Meadows
Land UseResidential
Legal DescriptionLOCHWOOD MEADOWS BLK 12/7691 LT 15 INT201000067373 DD03152010 CO-DC 7691 012 01500 3007691 012
Census Tract012801
Assessed Land Value$150,000
Assessed Improvement Value$433,380
Assessment Year2025

About this property

Set on a quiet street just steps from one of Lochwood’s beloved greenbelts, this 4-bedroom, 2.5-bath traditional home offers 2,226 square feet of well-designed living space in one of East Dallas’ most established neighborhoods. Mature trees surround the lot, and the backyard features a perfect setting for a future firepit and outdoor gathering space—ready to shine as spring arrives. Formal living and dining welcome you at the entry and open seamlessly to a spacious second living area, creating flexibility for everyday living and entertaining. The kitchen, 4th bedroom or office, half bath and utility room are thoughtfully situated on one side of the home, while the primary suite and two secondary bedrooms form a private wing on the other. The primary bath has been fully updated with dual vanities, a frameless glass shower and a customized walk-in closet. Engineered hardwoods anchor the main living areas. Rear-entry two-car garage with alley access and board-on-board fence. Just minutes from White Rock Lake and all that East Dallas and Lake Highlands offer, this well-maintained home is priced to enjoy the Lochwood lifestyle now and personalize over time.

Investor Tools

Property Icon
$609,000
Estimated Property Value
$654,750Estimated Mortgage Balance
$0Estimated Equity
-8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,025/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,256
$583,380
2025
$150,000
$433,380
$583,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,256
$583,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Credit Line (Revolving) / Heloc
$50,000
No
First
May 13, 2018
May 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$694,727
N/A
0%
114%
$4,226/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$4,226/mo
$-1,516/mo
5.3%

Learn About the Market: Opportunity in Dallas

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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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12123 Landlock Dr | Property Details | No Agent List