11315-11317 Lochwood Blvd, Dallas, TX 75218

$519,000
4
BD
2
BA
2,322
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$519,000
Price Change
▼ $20,000 1782169930
MLS#
21241918
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1958
Construction Status
Preowned
Bedrooms
4
Full Baths
2
Acres
0.20
Living Area
2,322
County
Dallas
City
Dallas
Subdivision
LOCHWOOD REV.
Building Name
Lochwood Instl Add 03

Property Description

Great investment opportunity in the highly desirable Lochwood subdivision of East Dallas. Located at 11315–11317 Lochwood Boulevard, this well-maintained full duplex features two spacious 2-bedroom, 1-bath units with large rooms and flexible, open living areas. The property has been updated and thoughtfully improved, including fresh paint, new flooring, and mechanical and cosmetic upgrades completed in 2021. Offering a total of 4 bedrooms, 2 bathrooms, and 2,322 square feet, Unit 11315 includes approximately 1,183 sq ft, while Unit 11317 offers approximately 1,139 sq ft. 11315 is leased until August 2026 and 11317 through June 2027. Each unit provides generous living space, open layouts, covered rear parking with one carport space and garage space per unit, and access to a large wooden deck overlooking a fenced backyard, deal for tenants seeking both comfort and outdoor space. Both units are currently leased, providing immediate income, with opportunity for future rent increases based on current market comps, making this an attractive option for investors looking to enhance returns. Enjoy a prime location just 15 minutes to Downtown Dallas and within easy biking distance to White Rock Lake, the Dallas Arboretum, and nearby trails, offering strong rental appeal and long-term value.

Additional Information

Unexempt Taxes
$10,200
Lot Size
8,624
Acres
0.20
Interior Features
Decorative Designer Lighting Fixtures
Flooring
Vinyl, Tile
Foundation
Pillar/Post/Pier
Roof
Asphalt
Stories
1
Pool Features
None
Exterior
Private Yard
Garage Spaces
2
Carport Spaces
2
Parking Garage
Additional Parking, Alley Access, Drive Through, Garage
School District
Dallas Isd
Elementary School
Reilly
Middle School
Robert Hill
High School
Adams
Possession
CloseOfEscrow, Negotiable, SubjectToTenantRights

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Nora Rogney from Better Homes & Gardens, Winans. Contact: 972-774-9888