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10620 Lorwood Drive
About This Property
Featuring preserved oak floors throughout, the open and inviting floor plan provides the perfect space for relaxing and entertaining. The kitchen offers a timeless design paired with high-end finishes like an oversized gas range, working pantry, and filtered water dispenser. The bright and spacious living room extends out through double doors to the new covered patio with gas fireplace and large fan, built for year round entertaining. The oversized backyard is fully turfed and offers endless opportunities paired with minimal maintenance.
The primary suite is a true rarity for the area with a walk in closet, dual vanities, and glass enclosed shower. The floor plan is rounded out with two additional bedrooms, both with a full bath, and a large laundry room. Perfectly situated in one of the most desirable neighborhoods in Dallas, and zoned to Lake Highlands Elementary, LHJH and LHHS, this home is not to be missed!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2026 | Sold | ||
| Sold | |||
| Sep 22, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Listed by Compass RE Texas, LLC. | $675,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Dec 17, 2019 | Sold | ||
| Sold | |||
| Oct 23, 2019 | Listed by Coldwell Banker Residential | $465,000 | |
| Listed by Coldwell Banker Residential | |||
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Old and new, vintage and modern in the L Streets neighborhood of Lake Highlands. Custom built, in 1955 and custom modernized in 2019. The oak floors preserved under the carpet have been restored to their vintage glory. Open floor plan, Master bedroom split from secondary bedrooms. What you won’t see is new plumbing gas lines, electrical, studs, and beams behind walls. The oversized garage with EV outlet will fit Smart Car or similar and a full-size vehicle. A beautiful design by Christine Wilson, Owner, Home Stylist and Realtor along with her reconstruction team. So pretty, a must to see. Bike to White Rock Lake and entertain out back all year round.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017